Not everyone in the accounting industry believes that outsourcing tax return and preparation to a country like India, can be beneficial to CPAs and other professionals, but when you look at it objectively, it’s hard not to be swayed.

Having established itself as a country ideally situated for outsourced accounting and bookkeeping, and one in which thousands of highly qualified tax professionals exist, India remains a popular choice for anyone seeking reliable outsourcing services.

If you’re still on the fence when it comes to outsourcing tax return preparation to India, here are 6 huge benefits that are difficult to ignore:

  1. Their workforce is qualified, talented and experienced

Many outsourced accounting firms in India have large pools of talented, qualified and highly efficient accounting professionals on their books. This means that if you want your accounting or bookkeeping tasks to be taken care of accurately and swiftly, you’ve come to the right place.

  1. You can make significant savings on cost

With exchange rate disparities and lower wage costs in India, the opportunities for making some big cost savings by outsourcing your accounting requirements, are in abundance. You can also gain access to some of the latest and most innovative accounting tech, without having to spend a dime on it – another advantage that’s difficult to overlook.

  1. Your clients can benefit from quick turnarounds

Especially when it comes to tax returns, speed is of the essence, and if you want to give your loyal and valued clients quick turnarounds on their tax returns, you should try outsourcing to India. Time differences between the two countries make it easy for you to give your clients exactly what you’ve promised them: quick work with high levels of accuracy, at prices they can afford.

  1. Your clients data will never be more secure

Keeping your client’s sensitive data safe and protected from hackers is crucial, and although you might think it counterintuitive to outsource accounting and tax tasks to India if you want to guarantee such protection, doing so actually gives you the best opportunity to do exactly that. Provided your chosen outsourcing partner is willing to prove that they have taken extensive security measures to keep your data protected at all times (which they typically are), and are happy to sign non-disclosure agreements, you can rest assured that any financial data you share with them, will be secure.

  1. You can spend more time building your business

Tax preparation and planning can be a laborious and time consuming task, and yet it makes up a significant percentage of an accountants work. By outsourcing some, or all of it, to an outsourcing firm in India, however, you can free up time to focus on other aspects of your business that might otherwise get neglected, such as growing your client base, and ideally, your bottom line.

  1. Benefit from around-the-clock expert guidance and support

You might well be a highly skilled and competent accounting professional yourself, but you can’t possibly know everything, right? This is when outsourced partners can come in extrenmely useful. Let’s say you’ve got a particularly complex tax situation to grapple with, or a regulatory change has left you unsure of the next step to take; you can simply ask your outsourcing partner for guidance, and any one of their huge and experienced workforce, will give you an answer you can trust.

When outsourcing tax preparation to India, you really do get all of the benefits listed above; it’s not a con or a marketing ploy to get your money. And, if you want to start reaping all of these rewards in time for the next busy period at your CPA firm, there’s no better time than now to start exploring your outsourcing options.