Virtual CFO Services for US CPA Firms
Offshore Tax Preparation — Accurate, Deadline-Driven, and Fully Review-Ready
Tax season puts immense pressure on CPA firms — more returns to prepare, tighter deadlines, and the constant challenge of finding skilled preparers. Clearbooks provides offshore tax return preparation support exclusively for US CPA firms, working as a silent extension of your team during your busiest months — and year-round.
Our tax preparers are experienced in federal and state compliance across all major return types. We work in your software, follow your preparation standards, and return clean, review-ready drafts — so your CPAs spend time reviewing and advising, not preparing from scratch.
Our tax preparers are experienced in federal and state compliance across all major return types. We work in your software, follow your preparation standards, and return clean, review-ready drafts — so your CPAs spend time reviewing and advising, not preparing from scratch.
Return Types We Prepare
- Return Types We Prepare
- Partnership / LLP / LLC Returns — Form 1065
- C-Corporation Returns — Form 1120
- S-Corporation Returns — Form 1120-S
- Trust & Exempt Organization Returns — Form 990
How It Works
- You send source documents and prior-year returns via your secure portal or shared platform.
- Our preparers prepare the return in your tax software — Drake, UltraTax, ProConnect, CCH, or others.
- We return a completed draft with open items, review notes, and a preparation summary.
- You review, finalize, and file — your firm’s name, your signature, your client relationship.
Tax Return Preparation (Overview)
Tax Return Preparation Outsourcing for US CPA Firms
CPA firms across the US are turning to offshore tax preparation to manage growing client volumes without increasing headcount. Clearbooks provides white-label tax return preparation support — meaning we prepare the returns, your firm reviews and signs, and your clients never know the difference.
Our team is experienced across all individual and business return types, familiar with multi-state filing requirements, and trained in the tax software your firm already uses. We are not a temporary staffing solution — we are a long-term back-office partner built specifically for CPA firms.
Our team is experienced across all individual and business return types, familiar with multi-state filing requirements, and trained in the tax software your firm already uses. We are not a temporary staffing solution — we are a long-term back-office partner built specifically for CPA firms.
Individual Tax Return Preparation (Form 1040)
Individual Tax Return Preparation — Form 1040
Individual returns represent the highest-volume work for most CPA firms — and also the most deadline-sensitive. Clear Books prepares federal and state individual income tax returns across all complexity levels, delivering accurate, review-ready drafts that save your preparers hours on every return.
What We Prepare
- Federal Form 1040 and all supporting schedules
- Schedule A — Itemized Deductions
- Schedule B — Interest and Ordinary Dividends
- Schedule C — Self-Employment Income and Expenses
- Schedule D — Capital Gains and Losses (including brokerage statement input)
- Schedule E — Supplemental Income (rental properties, partnerships, S-Corps)
- Schedule F — Farm Income
- Form 2106 — Employee Business Expenses
- Form 4562 — Depreciation and Amortization
- Form 8829 — Home Office Deduction
- FBAR and foreign income disclosures (PFIC, Form 8938) — with notes for CPA review
- State individual income tax returns — all 50 states
- Multi-state allocation and apportionment where applicable
Complexity Levels We Handle
- Simple W-2 filers
- Self-employed individuals with Schedule C
- Real estate investors with multiple Schedule E properties
- S-Corp and partnership owners with K-1 income
- High-net-worth individuals with investment income and capital gains
How We Work
You provide source documents (via your portal or secure share) and prior-year return. We prepare the return in your software — organized, flagged, and annotated — and return a draft with an open items list for your review.
Partnership / LLP / LLC Tax Return (Form 1065)
Partnership, LLP & LLC Tax Return Preparation — Form 1065
Partnership returns are among the most complex and time-consuming business returns your firm prepares. Multi-partner K-1s, capital account tracking, special allocations, and state-level compliance make Form 1065 a significant workload even for experienced preparers. Clear Books prepares complete partnership returns — federal and state — with all partner K-1s, ready for your review.
What We Prepare
- Federal Form 1065 — complete preparation including all schedules
- Schedule K and Schedule K-1 for all partners (no limit on partner count)
- Capital account reconciliation — tax basis and book basis
- Section 704(b) and 704(c) allocation schedules (with notes for CPA review)
- Form 4562 — Depreciation and Amortization
- Built-in gains and Section 1231 gain/loss tracking
- State partnership returns — all applicable states
- Multi-state apportionment schedules
- Preparation of ancillary forms including Form 8825 (rental real estate)
Entity Types
- General Partnerships
- Limited Partnerships (LP)
- Limited Liability Partnerships (LLP)
- Multi-member LLCs taxed as partnerships
C-Corporation Tax Return (Form 1120)
C-Corporation Tax Return Preparation — Form 1120
C-Corporation returns require careful attention to depreciation, book-to-tax adjustments, estimated tax payments, and multi-state apportionment. Clear Books prepares federal and state Form 1120 returns for your corporate clients — organized and review-ready, with all supporting schedules and workpapers in order.
S-Corporation Tax Return (Form 1120-S)
S-Corporation Tax Return Preparation — Form 1120-S
S-Corporations are one of the most common entity types for small and mid-sized business clients — and Form 1120-S preparation demands accuracy across basis tracking, reasonable compensation, and shareholder-level K-1 allocations. Clear Books prepares complete S-Corp returns for your clients, including all shareholder K-1s, ready for your review and filing.
Tax Return Preparation Services for US CPA Firms
Tax season puts immense pressure on CPA firms — more returns to prepare, tighter deadlines, and the constant challenge of finding skilled preparers. Clear Books provides offshore tax return preparation support exclusively for US CPA firms, working as a silent extension of your team during your busiest months — and year-round.
Our tax preparers are experienced in federal and state compliance across all major return types. We work in your software, follow your preparation standards, and return clean, review-ready drafts — so your CPAs spend time reviewing and advising, not preparing from scratch.
Our tax preparers are experienced in federal and state compliance across all major return types. We work in your software, follow your preparation standards, and return clean, review-ready drafts — so your CPAs spend time reviewing and advising, not preparing from scratch.
