Get the
Crown Treatment
Outsource your tax and accounting work to CrownGlobe’s offshore experts. We integrate seamlessly with your firm, handling everything from bookkeeping to multistate tax filings. Enjoy up to 80% lower costs and 150% faster turnaround than in-house labor. Learn how our flexible engagement models (fixed, hourly, FTE, transaction-based) can be tailored to your needs.
Overview
Outsourcing to CrownGlobe solves the talent and capacity crunch for US tax firms. Many CPA firms face a talent shortage (nearly 75% cite staffing as a top challenge),especially around tax deadlines.
CrownGlobe’s offshore accounting teams become an extension of your practice: they are US GAAP-trained, IRS-compliant, and proficient in QuickBooks/Xero. You’ll achieve 50–70% savings on wages, while reducing overhead benefits and office space.
You can delegate tasks, like bookkeeping and tax prep that take up a lot of your staffs time to someone offshore. We equip every staffer with a US phone number, secure email and video conferencing so that collaborating with them is easy.
You stay in control of the project through timesheets and task updates and regular review meetings of the project ensuring quality and transparency of the project at every step.
Individual & Business Tax Returns
Preparation of tax forms like Forms 1040 1040NR for individuals, 1120, 1120S, 1120A for corporations 1065 for partnerships, 1041 for fiduciaries 990, for nonprofits and others.
Multi-State Sales & Use Tax
We do compliance filings for all the U.S. States, including checking if we have nexus in a state and tracking resale certificates, for the U.S. States.
Financial Statement Prep
The company needs to make Monthly and Quarterly and Year End statements and reports that follow the GAAP rules. (Our audit-trained staff collaborate with your auditors as needed.)
Benefits
We empower your business with
Massive Cost Savings
By outsourcing, CPA firms typically cut labor costs by 50–80%. CrownGlobe’s clients have achieved “around 80% lower investment” and “150% faster turnaround” on tax prep and accounting tasks.
Rapid Scaling
Hire offshore staff seasonally or for special projects. Unlike hiring full-time U.S. staff, our transaction-based and hourly models let you add capacity within weeks. (Industry data show certified teams handle payroll and tax work at “40–60% below US rates”.)
Stringent Security & Compliance
CrownGlobe is really safe because it has protection it is ISO 27001 and SOC 2 certified and it uses 256-bit SSL, end-, to-end encryption and strict NDAs to keep CrownGlobe data secure. Many providers also maintain dedicated servers and 2FA. Clients use private cloud portals for document sharing, ensuring your sensitive tax data never leaves a secure environment.
US Expertise
Our offshore accountants are US-educated and CPA-equivalent. They undergo U.S. tax training and software certification (Lacerte, Drake, ProSeries, etc.). You can trust them with complex tasks: industry guides rate offshore tax prep as “high quality (with review)” when managed by pros. In fact, seasoned firms offshore everything from daily bookkeeping to multi-entity tax consolidations with excellent results.
Focus on Growth
Free up your in-house CPAs to advise clients and generate revenue. Delegate the bulk of number-crunching offshore – studies show 60–70% of a firm’s workload (routine processing, tax returns) can be offloaded – and use the time/cost savings to pursue bigger clients.
Engagement Models
CrownGlobe offers multiple engagement options to fit your firm’s workflow:
Kickoff & Secure Onboarding
We establish a secure portal and communication channels. Your firm shares relevant financials, tax organizers, and historical data via encrypted file transfer.
Review & Planning
Our team verifies all inputs (balances, prior-year figures) and identifies any anomalies. We set up the job in your tax/accounting software.
Preparation
Offshore accountants enter data and prepare returns or reports. You receive drafts (e.g. computation PDFs, trial balances) for review.
Client Review & Filing
You review the work request any needed changes and then approve it; we then make adjustments and handle filing electronically or by paper, with the IRS and states.
Case Study
Midwest Tax Firm Doubles Capacity
A 5-person CPA firm in Illinois outsourced back-office work to CrownGlobe during tax season. The company was able to double their client volume without hiring United States staff by offloading bookkeeping, payroll and individual returns which also reduced the turnaround time for 1040 preparation by, over 50 percent and saved them roughly 60 percent on labor costs.
Their partners reported higher client satisfaction thanks to faster service, all while maintaining full control through daily reports and weekly meetings.
Engagement Models
CrownGlobe offers multiple engagement options to fit your firm’s workflow:
Fixed-Price
We quote a monthly rate for a defined scope of work which is ideal for routine and predictable tasks, like monthly bookkeeping and tax packages. Advantages include no surprise fees and simplified budgeting.
Dedicated FTE
Hire one or more full-time offshore accountants. You have to pay a salary for each dedicated staffer and this model is good for ongoing and high-volume work where you want full control, over the dedicated staffer.
Transaction Based
You only pay for the tax return or payroll batch work that is actually done which’s very cost-effective when you have seasonal spikes in your workloads.
Hourly
You can pay a rate for ad-hoc or undefined tasks, which is best for one-off jobs or smaller engagements where flexibility is key, for ad-hoc tasks.
FAQs
The forms depend on your legal structure. A sole proprietorship (or single-member LLC) reports business income on Schedule C of your Form 1040. Partnerships file Form 1065 and issue K-1s to partners. C corporations use Form 1120, and Scorporations use Form 1120-S. (Each partner or S-corp shareholder then reports income on their personal returns.) Sole proprietors also use Schedule SE (Form 1040) to calculate self-employment taxes. In addition, you may need to file employment tax returns (e.g. Forms 941/940) if you have employees. Always check IRS instructions for any information returns (1099-NEC, 1099-K, etc.)required based on your payments or receipts.
Due dates vary by business type. Partnerships and S corporations generally must file by March 15. Sole proprietorships and C corporations typically file by April 15. If these dates fall on a weekend or holiday, the deadline moves to the next business day. Estimated tax payments are usually due quarterly on April 15, June 15, September 15, and January 15.
Most business taxes can be filed electronically through IRS Free File, commercial tax software, or a tax professional. E-filing is generally faster and more accurate than paper filing.
The Business Tax Account is a digital platform that allows business owners to view their tax records, make payments, and manage their account with the IRS.While not mandatory, it is highly recommended for easier management of business tax obligations.
You should keep all records that support an item of income, deduction, or credit on your tax return. Generally, the IRS recommends keeping records for at least three to seven years, depending on the nature of the document.
Common deductions include office rent, utilities, supplies, travel expenses, employee wages, and insurance. To be deductible, a business expense must be both ordinary and necessary in your trade or business.
The QBI deduction allows eligible self-employed individuals and small business owners to deduct up to 20% of their qualified business income from their federal taxes.
Available credits include the Small Business Health Care Tax Credit, the Work Opportunity Tax Credit, and Research and Development (R&D) credits, among others.
If you expect to owe $1,000 or more in taxes when you file your return, you generally must make quarterly estimated tax payments throughout the year.
You need an Employer Identification Number (EIN) if you have employees, operate as a corporation or partnership, or file certain tax returns; you can apply for an EIN for free on the IRS website.
This depends on whether you have a “nexus” (significant presence) in other states, as many states require remote sellers to collect sales tax if they exceed certain sales thresholds.
The best way to avoid penalties is to file your returns on time and pay any taxes owed by the due date; if you can’t pay, file anyway to avoid the failure-to-file penalty.
Key changes for 2025 include updated tax brackets for inflation, adjustments to standard deductions, and potential new rules regarding digital assets and clean energy credits.
Starting in 2024, the threshold for reporting payments on Form 1099-K has been adjusted, so it’s important to track all third-party network payments for accurate reporting.
Employers must withhold federal income tax, Social Security, and Medicare taxes from wages, and also pay their own share of Social Security and Medicare taxes.
Ready for a Smooth Transition?
Let CrownGlobe take care of your accounting transformation so you can focus on making CrownGlobe and your business bigger and better. This way you can think about CrownGlobe. How to make your business grow.
Schedule a Free Consultation