Year-end tax workpapers, corporate returns, VAT/BAS/GST compliance, and 1099 preparation — handled by ICAI-qualified CAs at 60–75% less than local CPA rates.
Sharma Jyoti & Co prepares tax workpapers and draft returns for businesses in the US, UK, Australia, and Canada — from corporate income tax returns and BAS/VAT lodgements to 1099 preparation and year-end cleanup. Our ICAI-qualified team delivers accurate, review-ready workpapers at $400–$1,200 per return, saving clients 60–75% vs local CPA rates.
Tax preparation is one of the most cost-effective things to outsource to India because the underlying work — preparing workpapers, coding transactions, reconciling year-end accounts, drafting returns — is highly systematic and does not require physical presence in your country. Our team prepares the full workpaper package, which your local CPA, tax agent, or accountant reviews and lodges. This model — preparation in India, review and sign-off locally — is used by accounting firms of all sizes to reduce cost while maintaining quality and compliance. It pairs naturally with our bookkeeping service — clean monthly books mean year-end tax preparation is faster and cheaper.
Country-specific tax preparation across all four markets we serve:
Software: QuickBooks · Xero
Software: Xero · Sage · QuickBooks
Software: MYOB · Xero · QuickBooks
Software: QuickBooks · Sage · Xero
Local CPA and tax agent rates vs our India-based preparation service:
| Service | Local CPA / Tax Agent (US / UK / Australia) |
Sharma Jyoti & Co — India |
|---|---|---|
| Corporate tax return | $1,500–$5,000 | $400–$1,200 |
| VAT / BAS return (per quarter) | $300–$800 | $80–$200 |
| 1099 preparation | $200–$600 | $60–$150 |
| Hourly rate | $150–$400 / hr | $6–$15 / hr |
| Typical annual saving | — | 60–75% on preparation costs |
We prepare — your local CPA or tax agent reviews and files. Get a quote for your specific returns →
Yes. Outsourcing tax preparation work to a qualified overseas accounting firm is legal in the US, UK, Australia, and Canada. Tax authorities in each jurisdiction permit preparation work to be performed by qualified professionals abroad, provided the final return is reviewed and signed off by a licensed local practitioner.
This is the same model used by major accounting firms worldwide — preparation is done offshore for efficiency, and a local CPA, chartered accountant, or tax agent reviews, approves, and lodges. We prepare the workpapers and draft returns; your local adviser takes responsibility for the final filing. Our ICAI-qualified team understands this workflow and prepares documentation specifically to facilitate quick local review and sign-off.
IRS Circular 230 permits offshore preparation. The local CPA or Enrolled Agent signs and files.
HMRC rules permit offshore preparation. A UK-registered agent files with HMRC.
ATO rules permit offshore preparation. A registered tax agent lodges with the ATO.
CRA rules permit offshore preparation. A local CPA or CPA firm files with the CRA.
You share bookkeeping records, bank statements, and source documents via a secure shared folder. We confirm receipt within 1 business day.
We prepare full workpapers and a draft return. Turnaround is 5–10 business days depending on complexity. We flag any queries before finalising.
You and your local adviser review the workpaper package. We incorporate any changes and deliver the final package ready for lodgement.
Clean monthly books are the fastest path to cheap, accurate tax preparation. Combine both services for a complete finance package.
Learn More →Reconciled bank and credit card accounts at year-end dramatically reduce the time — and cost — of preparing tax workpapers.
Learn More →Accurate AP records and 1099 vendor tracking throughout the year mean no scramble at year-end.
Learn More →CFO-level tax planning — defer income, accelerate deductions, and optimise your tax position before year-end.
Learn More →Free consultation. Transparent per-return pricing. No ongoing commitment required.
14-Day Free Trial — No payment upfront. Try us risk-free before committing.