Robertson, Jesse C., Stone, Dan N., Niederwanger, Liza R., Grocki, Matthew B., Martin, Erica, and Smith, Ed. 2005. Outsourcing of tax-return preparation. CPA Journal. 75 (6): 54-57.
Posted: 13 Sep 2004 Last revised: 24 Feb 2017
Date Written: June , 2005
Outsourcing business processes overseas is increasingly common in the banking, financial services, retailing, insurance, and telecommunications sectors. Economists and accounting professionals expect this trend to accelerate; Deloitte Consulting LLP expects two million financial services industry jobs to relocate overseas during the next few years. Many large CPA firms have begun shifting tax-compliance work overseas, through outsourcing facilitators, to Chartered Accountants (CA) in India. Outsourcing tax-compliance work overseas can enable CPAs to focus on highermargin services such as tax consulting, to reduce labor costs, and to increase the speed of tax-return processing. With such potential benefits, CPA firms will likely join other segments in increasingly outsourcing tax-compliance services.
Suggested Citation: Suggested Citation
Robertson, Jesse C. and Stone, Dan N. and Niederwanger, Liza R. and Grocki, Matthew B. and Martin, Erica and Smith, Ed, Offshore Outsourcing of Tax-Return Preparation (June , 2005). Robertson, Jesse C., Stone, Dan N., Niederwanger, Liza R., Grocki, Matthew B., Martin, Erica, and Smith, Ed. 2005. Outsourcing of tax-return preparation. CPA Journal. 75 (6): 54-57.. Available at SSRN: https://ssrn.com/abstract=588381 or http://dx.doi.org/10.2139/ssrn.588381