what is tax preparation outsourcing and, more importantly, what is its benefit to businesses?

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Tax preparation outsourcing is the process of employing external persons to do tax related job, for example, e.g. filing returns, and to confirm compliance. Errors are reduced, efficiency improved, and time is saved therefore businesses benefit. Tax professionals nowadays actually do not need to be employees. What’s more, it relieves businesses from worrying about fretting over tax complexities. Another benefit of outsourcing is that it is cheaper than keeping a tax team in house and therefore is a cost effective solution for all size of business.