US Taxation and US (GAAP) Accounting
- Home
- US Taxation and US (GAAP) Accounting
US Taxation and US (GAAP) Accounting
Your One-Stop Cross-Border Compliance Partner
At SSKS & Associates, Chartered Accountants in Pune, we specialize in US Taxation and US GAAP Accounting Services for NRIs, Indian businesses operating in the US, US-based expats, and global startups. With the increasing integration of Indian entrepreneurs and professionals into the US economy, our experienced team of CAs, CPAs, and Enrolled Agents (EAs) ensures end-to-end compliance with complex US financial regulations.
US Taxation Services
We offer comprehensive individual and business tax compliance services for clients with income, assets, or operations in the United States.
Key US Tax Services
Form 1040 / 1040NR – Individual Income Tax Returns
Form 1120, 1120S, 1065 – Corporate, S Corp & Partnership Returns
ITIN Application (Form W-7)
FBAR Filing (FinCEN Form 114)
FATCA Compliance (Form 8938)
IRS Representation & State-wise Tax Filings
Important US Tax Filing Deadlines – 2025
| Filing Type | Form | Due Date (CY 2025) | Extended Due Date |
|---|---|---|---|
| Individual Tax Return | Form 1040 | April 15, 2025 | October 15, 2025 (Form 4868) |
| C-Corporation Return | Form 1120 | April 15, 2025 | October 15, 2025 |
| S-Corporation Return | Form 1120S | March 17, 2025 | September 15, 2025 |
| Partnership Return | Form 1065 | March 17, 2025 | September 15, 2025 |
| FBAR Filing | FinCEN 114 | April 15, 2025 | October 15, 2025 (auto) |
| FATCA (with Form 1040) | Form 8938 | April 15, 2025 | October 15, 2025 |
| ITIN Application | Form W-7 | With 1040 | By April 15 for new filers |
| State Tax Returns | — | Varies by state | Extension available |
US GAAP Accounting Services
We provide outsourced US accounting and financial reporting as per US GAAP (Generally Accepted Accounting Principles), ideal for:
Indian companies with US subsidiaries
Startups raising funds from US investors
Indian service providers invoicing in USD
Indian CA firms outsourcing US books
Core GAAP Services
Monthly/Quarterly Bookkeeping & Closings
Financial Statements Preparation (ASC-compliant)
Revenue Recognition (ASC 606), Lease Accounting (ASC 842)
GAAP to IFRS/Indian conversion support
Internal Controls & SOX Audit Preparation
US GAAP Reporting Timeline – CY 2025
| Activity | Deadline / Frequency |
|---|---|
| Monthly Book Closing | Within 7–10 days post month-end |
| Quarterly Financial Reports | Within 15–30 days after Q-end |
| Year-End Financials (Dec 2025) | Jan–Feb 2026 |
| US Subsidiary Audit Readiness | By March 2026 |
| 1099 Contractor Reporting | January 31, 2025 |
| W-2 Reporting for Employees | January 31, 2025 |
| ASC 606/842 Reconciliations | Quarterly or Annually |
Who Should Avail These Services?
NRIs earning income in the US
Indian founders with foreign assets or equity
US businesses outsourcing accounting to India
Indian firms billing or operating in the US
Chartered Accountants expanding into US markets
Why Choose SSKS & Associates?
-
Dual expertise in Indian and US tax laws
-
Collaboration with CPAs, EAs & IRS-authorized agents
-
Data privacy with cloud-based secured systems
-
Time-zone aligned support (IST & EST overlap)
-
Transparent engagement & no hidden charges