Institutional Fiduciary Services

CPM Tax & Accounting LLC  can serve as a Virtual Tax Department for your Bank, Financial Institution Trust or Wealth Management Group.  CPM Tax and Accounting can also partner with your internal tax department to augment your services and fill in the gaps in your tax operation.

We offer straight both “per return” fees and and individually negotiated pricing options.

Advantages of Outsourcing

CPM Tax & Accounting LLC services are reasonably priced and are a cost effective alternative to full time fiduciary tax preparation staff.  We can customize our services to suit your specific needs.  We charge a per return fee for the types of returns listed below.

Please call or email us to discuss the services that CP Tax & Accounting can provide.

Institutional Fiduciary & Individual Trustee Support Services

  • Tax & Compliance
  • Probate Accounts
  • Tax Research
  • Answering Staff Tax Inquiries
  • IRS Representation
  • Administrative Support
  • Custom Services Tailored for Unique Needs
  • Trust & Estate Administrative Support
  • Accounting
  • Tax Preparation

Returns that CPM Tax & Accounting Can Help You Prepare

  • Individual Income Tax Return (Form 1040)
  • Gift Tax Return (Form 709)
  • Partnership Return (Form 1065)
  • Estate Income Tax Return (Form 1041)
  • Grantor Trust Return (Grantor Letter/1041)
  • Irrevocable Trust Return (Form 1041)
  • Irrevocable Trust Return with 5×5 Powers
  • Irrevocable Life Insurance Trust (Pre-Funded)
  • Bankruptcy Return (Form 1041)
  • Split-Interest Tax Return (Form 5227)
  • Exempt Organization Information Return (Forms 990/990-PF)
  • Foreign Withholding (Forms 1042/1042-S)
  • Information Reporting (Forms 1099-Int/Div/B/Misc/R/5498/1098)

Other Services Available

  • Federal and State Return Preparation
  • General Tax Consulting – 4 Hrs Per Month (Negotiable)
  • Prospect Consulting
  • Account Document Review At Setup And At Triggering Events
  • Review of Prior Tax Returns At Setup
  • Monthly Account Transaction Reviews
  • Quarterly Estimated Tax Calculation
  • Mutual Fund Factoring
  • Electronic Filing (Including States, where available)
  • Federal Balance Due/Estimated Tax Payment through EFTPS System
  • Federal and State Tax Authority Inquiries on Returns We Prepared
  • Amending Returns Originally Filed By Us

Additional Available Services

  • Client Personal Income and Gift Tax Return Preparation and Services
  • 3rd Party Software Costs (Oncesource Trust Tax, CCH Trust US, etc.)
  • General Consulting in Excess of Hours Included Above Audit or Administrative Representation
  • Federal and State Tax Authority Inquiries On Returns Not Prepared by CPM Tax & Accounting LLC
  • Amending Returns Not Originally Filed by CPM Tax & Accounting LLC
  • Postage & Delivery Charges