Comprehensive U.S. Tax Support—Accurate, On Time and Aligned with Your Strategy
At TaxNova Advisors, we specialize in delivering end-to-end U.S. tax preparation and compliance services for CPA firms, EAs and tax professionals across the country. Whether it’s Individuals, Partnerships or Corporations, our offshore team ensures precision, compliance and timely filing—just like your in-house staff, only more efficient.
Our Core Tax Preparation Services Include
Federal & State Tax Return Preparation
Thorough preparation of all major and niche tax returns for individuals and entities.
We prepare complete, ready-to-file drafts of:
- Form 1065 (Partnerships) – Includes Schedule K-1s and partner allocations, capital account statements and basis tracking.
- Form 1120 (Corporations) – Corporate return preparation with full supporting schedules and balance sheet reconciliation.
- Form 1120S (S Corporations) – Accurate shareholder basis schedules, K-1s and supporting depreciation/asset schedules.
- Form 1040 (Individuals) – Preparation of resident, non-resident (1040-NR) and dual-status returns with all applicable schedules.
- Additional Returns – Forms 1041 (trusts), 990 (nonprofits), 8865, 5471, 940, 941 and others as required by your clients.
All returns are reviewed internally for consistency and completeness before delivery for your firm’s final filing.
Business Entity Tax Compliance (Partnerships & Corporations)
Supporting the most complex aspects of business tax reporting with confidence.
Capital Account and Balance Sheet Reconciliation
We ensure partner capital accounts and book-to-tax differences are reconciled with precision.
Multi-State and Composite Filings
We handle state-by-state income apportionment, nexus tracking and composite return preparation where applicable.
Basis Calculations and Depreciation Schedules
Our team calculates shareholder/partner basis using IRS-compliant methods and prepares detailed MACRS and Section 179 depreciation schedules.
Secure Workflow & Compliance
Data privacy and process transparency, guaranteed.
SLA-Backed Timelines
Clear turnaround timelines, escalation procedures and SLA-based accountability ensure reliability and peace of mind.
Encrypted File Transfer
We use secure, encrypted client portals and cloud platforms that meet or exceed IRS standards for data protection.
Software Compatibility
We work inside your ecosystem for seamless handoff.
We also adapt to custom workflows within hosted environments, ensuring minimal disruption to your internal team.
Well-versed in industry-standard tax software including Drake, Lacerte, UltraTax, ProSeries, TaxWise and others.
Flexible Engagement Models
Scales with your needs—seasonal or full-time.
Ideal for tax season surge, off-season planning or year-round compliance support.
Choose between project-based, part-time or dedicated full-time staff models based on volume and complexity.