The only source of knowledge is experience
We set out to build the best culture in the consulting industry, one that cares about the work we do and the people we work with. A culture that celebrates individuals and creates lifelong friendships.
We’re dedicated to providing you with an unmatched experience by working together to do what’s right. And we’ve grown our business on a set of three very important building blocks.
The only source of knowledge is experience
We set out to build the best culture in the consulting industry, one that cares about the work we do and the people we work with. A culture that celebrates individuals and creates lifelong friendships.
We’re dedicated to providing you with an unmatched experience by working together to do what’s right. And we’ve grown our business on a set of three very important building blocks.
Bookkeeping and Accounting Services
Bookkeeping is the procedure of recording all financial transactions of a trade entity in a standardized way on a daily basis. Bookkeeping performs as a support for accounting process.
Taxation
A tax is an imperative monetary indictment or some other alternate form of duty foist upon a taxpayer by a governmental management in order to fund diversified public investment.
Payroll Services
Payroll processing stands for the task of maintaining the payment of earnings by a company to its employees. The steps included in payroll processing commonly involve congregation employee …
Inventory Services
Inventory management tries to efficiently identify which and how much stock to order at what times. It’s the process of tracking inventory from purchase to the sale of goods.
Our Journey,
Since 2008
2008-2012 (Early Phase)
Focus on strengthening the core
➤ Executed PAN India projects
➤ Registered with PCAOB, USA
➤ Audited our first US listed company
➤ Workforce and clientele expanded to 50 employees and 100+ clients respectively
2013-2015 (Initial Phase)
Getting Stronger Foothold
➤ Became ISO 9001:2008 & ISO 27001:2008 certified
➤ Became a member firm of TIAG, get a firm foothold in Western Countries
➤ 15+ countries added to international practice
➤ Grew into a team of 100+ employees, serving 250+ clients
2016-2019 (Growth Phase)
Imprinting market position
➤ Expanded scope of services in countries across US, Europe & Asia Pacific, Middle East, Canada and Australia, Singapore, UK
➤ Commenced providing new services:
- International bookkeeping and accounting
- International Tax filing
- HR & Payroll
- Business entry advisory
- Company Formation & overseas Compliance Support
- Business licenses and inter-country tax registrations
➤ Peer Review Clearance*
➤Enrolled as member firm of UTN, expanding firm’s presence in taxation internationally
➤Members accredited with CPA (USA) & ACCA (UK) certifications
➤Strength enlarged to 150+ employees and clientele expanded to 500+ clients
2020-2022 (Current Phase)
Making difference for our clients
➤ Company set its footprints in US, UK and Japan
➤ Added new business streams:
- Business formation and Banking services in US, UK, Canada, AUS, UAE
- CFO services
- Management / Operational audit & Due diligence
- Conversion of financial statements to IFRS / Ind-AS
- USGAAP / PCAOB Audit
- Assistance for start-up, expansion & acquisition transactions
- Valuation Services, Financial Analysis and management reporting
➤ Became ISO 9001:2015 and 27001:2013 certified
➤ Involved in audit engagement of more than 15 US registered companies including broker / dealers.
➤ Company attained CPAB (Canada) & ICAEW (UK) certifications
➤ One of our members became a certified Australian CPA
➤ Professional strength crossed 250 employees and with 750+ active clients onboard
Presence on the Internet
01Bookkeeping And Accounting Services
Book Keeping services involve preparing as well as maintaining day to day bookkeeping, and monthly or quarterly management accounts. We offer bookkeeping and accounting services for all businesses.
02Taxation Services
We hold extensive experience in providing tax services to foreign and domestic enterprises, as well as individuals and representative offices. MAS offers comprehensive taxation services including developing tax- optimization structures and transfer pricing policies
03Payroll Services
As a business owner, payroll can feel like an overwhelming task. The payroll services not only ensure that payroll taxes are withheld properly but also allow your employees to be paid by direct deposit, they track personal information
04Inventory Services
Inventory management tries to efficiently identify which and how much stock to order at what times. It’s the process of tracking inventory from purchase to the sale of goods.
05Virtual CFO Services
A virtual CFO services can identify and manage bookkeeper/ controller to produce reliable data and interpret the results, providing insights to help steer the ship toward your organization’s stated goals.
06Company Formation
Formation of a company in a foreign jurisdiction is not a simple process. There are a lot of hassles, varying from country to country, to be taken care of. We, at MAS, offer world class services to help you with company formation.
07HR services
At MAS, we believe that our own personal experiences as managers, assistants and executives in varied industries like finance, call centers, real estate etc allow us to stand apart from other placement agencies.
08Business Development Services
We aim to help small and medium-sized businesses soar growth of business. For this, we hire experienced and certified business development managers.
Accounting Software
Certifications
Case
Studies
Get
Started
Consulting is a long-term investment in your goal’s future. It is the secret to unlocking your vision. At MAS, we implement strategic and persuasive ideas for your utmost growth. We help you to solve your problems and devise innovative solutions. We also work with you to uncover new ideas that optimize your processes, elevate your technology, and help you compete in a constantly shifting digital world.
We understand that only high-quality ideas teamed with smart execution gets result and so- we’re here to help you in reaching your full potential. An ever changing world requires professionals who are equally dynamic and creative. This is the kind of holistic experience that we, at MAS, bring to you.
An accounting firm with over a decade of experience!
Qualified individuals with wide spectrum of industry expertise
600+ Global Clients
99% of client satisfaction rate
250+ tax returns filed every year
3.5 mn transactions processed every year
Expertise in all major accounting software
Our Trustful Clients
Great Client Stories
News & Articles
While our leaders represent a vast array of expertise and perspectives, all are committed to doing what’s best for our clients and our people in a way that is unmatched by other firms.
A Quick Intro for Electronically Filing Form 1099
Almost everything around the world has been digitized. Be it sending money, receiving money, paying for bills, paying taxes, or even filing for taxes. And just like we have all embraced the other digitalization, why not file the tax returns too? E Filing the tax forms are much more convenient because of various reasons such...
Form 1065 – The US Income Tax Return for Partnership Firms : The Roadmap to Filing
Just like individuals and corporations, partnership firms and LLCs also have to file their income tax return in the US. And just like others, the IRS has prepared a separate tax form for them; that is, Form 1065. It is the most important annual tax form for every partnership firm and they must file it...
Form 1120S: The basic info you must have if you own an S Corp
If you are residing in the USA or are running your company, then you must have heard about Form 1120. However, what becomes tricky here is the fact that there are various types of 1120. 1120-C, 1120-F, 1120-H, 1120-L, 1120-POL, and 1120-S are some of the examples. In this blog, we will be talking about...
Common US Tax Forms Suggested by IRS You Must Know About
Just like any other country, the USA is also strict about the timely submission of taxes and tax returns. This means that any individual, whether resident or non-resident, individual or corporation must fill the tax forms. However, it is not as simple as it sounds to fill out the tax or tax return forms because...
Schedule E (Form 1040): Instructions you cannot miss
Schedule E is one of the many schedules and helps in explaining the supplemental income/losses occurred to an individual in the US. This schedule is filled and submitted along with Form 1040, used for Federal Individual Income Tax Return. Income or loss from rental real estate, estates, partnerships, royalties, S Corporations, trusts or residual interests...
Form 1120 Corporate Tax Returns: Filing Tips and Penalties for not filing
The tax season is here, and if you own a USA corporation, then you must be aware of Form 1120. But the complexity arises when you realize that there are various 1120 forms and the requirements of all different. So, in this article, we will be covering what is Form 1120, who files it and...
A Tax Filing Guide on Form 1099-B: Proceeds from Broker and Barter Exchange
Form 1099 B is one of the many 1099s by the IRS that businesses need to issue for voluntary tax compliances in the USA. This form is also known as Proceeds from Broker and Barter Exchange. As the name itself suggests, this form reports the transactions handled by brokers. This form records the capital gains...
MAS – Rising Accounting Firm of the Year 2023
Every achievement has a journey, has a story behind it. Same goes with this one. The journey tells countless tales of hard work and years’ worth of effort. And what could be more remarkable than getting acknowledged for that?
Delaware Franchise Tax – A Guide and Common FAQs
Heard about a fee paid for being able to do business in a state? Maybe, yes. But ever heard about a fee paid for incorporating in a state regardless of doing business? In Delaware, people have heard about that too. And do not get confused about the word, “Franchise”. It doesn’t refer to the franchise...
Form W 9- A mandatory step for Form 1099-NEC: FAQs and Precautions
Are you an independent contractor, working in the US, wondering why you have received a Form W 9? Before reaching out to the entity who has requested it, go through this article, and we are sure it will answer, if not 100%, then at least 99% of your queries. W 9 is a form requested...
US Tax Filing: Know How and When to fill Form W-9
If you are working in the US, then you must be aware of the IRS tax compliance requirements as well. And, if you are an independent contractor or someone who is working with one, then you should have the information about Form W-9. Knowing that there are various forms, it can get confusing to have...
Form 1099-MISC and Form 1099-NEC: Their Differences and Tips for Filing
Understanding the basics To report the income of individuals (other than their regular salary), the IRS have set guidelines to fill Form 1099 in the US. However, the 1099 forms are not filled by the individuals, but the entities which pay them. So, if you are the entity who has availed the services from someone...
Form 1099 K – A Detailed Information Guide
As the tax filing months are approaching, all the freelancers, self-employed, contractors, employers, and business owners are worried about various forms. Along with such forms, it is even more confusing to identify which Form 1099 will be received. There are 13 types of Form 1099 which serve various purposes. In this article, we will focus...
MAS welcomes Mr. Rajesh Kumar Bansal as a Senior Partner
MAS is pleased to welcome Mr. Rajesh Kumar Bansal as a senior partner in the firm. With his 25+ years of experience, Rajesh brings a great wealth of knowledge to the firm and will surely be an invaluable asset, ensuring the highest quality services. Rajesh holds enormous experience in handling Taxation and Auditing matters, and...
5 Things You Must Know About Form 1099-K
Are you new to the term 1099-K or are you new to knowing about this type of Form 1099? Well, in any case, there are enough reasons to know about Form 1099-K, especially if you constantly deal in payments through cards or third-party networks. In this article, we have covered the key highlights of 1099-K...
Types of Form 1099: All you Need to Know
If you are a business owner working with non-employee professionals, independent contractors, or freelancers working in the US, then you must be aware of Form 1099 and its various types. It is a mandatory Form that needs to be filed and used for paying taxes. What is Form 1099? The Form 1099 is a...
Year-End-Closing in Asset Accounting: A step-by-step Guide
Year-end closing is an important activity that is practiced by almost all companies sincerely in order to analyze the company growth as well as cash flows. It is basically an updating of the records and transactions which took place in the fiscal year that needs to be recorded in the books. Same is the case...
How to Keep the Yearend Closures Burnout at bay?
With the year-end coming nearby, the yearend financial closures have also gotten the finance and accounting experts on their toes. And if you have an in-house accounting expert who hasn’t prepared for the closures in advance, then you must be going through a stressful period. Everybody is keen on closing their books properly without missing...
The Year-End Accounting Checklist Every Business Must Follow
Some people start forgetting their expenses by the month end, and so, we can only imagine the mess that year-end accounting closures can create. Although businesses stay prepared in terms of records and reports, keeping them in order can be an issue. So, how about having a checklist you can use while settling your year-long...
Why Outsourcing Accounting Services is the Growth Engine for CPA Firms?
Before discussing why outsourcing accounting services is the growth engine for CPA firms, we should have an understanding of what outsourcing is. Outsourcing is hiring a party outside the company to perform services or create goods previously performed in-house by the company’s employees and staff. Outsourcing is a technique that many businesses use to save...
Learn When and Why You Should Outsource Your Accounting
Outsourcing your accounting services is not a new trend, it has been bringing businesses to many firms all across the world. Because who doesn’t like offloading some of their tasks to trusted experts? However, considering that accounting includes sensitive and in-house information of a company, many businesses still hesitate to hire or outsource accounting services....
Diwali Celebration 2022 at MAS!
Diwali, as many of us already know, is a festival of homecoming and celebrated with the family. To make sure the essence of it is seen from afar, everyone makes sure that their homes and workplaces are glowing. It’s the reason why Diwali is also known as the festival of lights and illuminates the surroundings....
7 Reasons Why You Should Opt for Bookkeeping Software?
Bookkeeping software or accounting software seems like an headache, no? Because then it would mean having an accounting expert and that means increases cost, right? Well, it sure feels great to see the cash inflow in your business whether offline or ecommerce. It even looks humane to count the revenue and expenses, but bookkeeping is...
6 Most Recommended Accounting Software for Ecommerce Business
Starting up an Ecommerce Business is already a task that takes up a lot of your time. With additional tasks like accounting and bookkeeping, that too manually, accounting software become important for the ecommerce sellers. Thinking about the accounting software can become scary as it would mean increased cost. However, not all the accounting software...
E–Commerce Accounting Tasks: Common for all
In an e-commerce business, it becomes difficult to accurately handle your finances if your financial records are not in order. E-commerce accounting helps you keep your receivables and payables under control, along with other things. However, in order to start with it, one must be aware of the various tasks that are performed in ecommerce...
Types of Accounting and Business Accounts for Ecommerce
To understand e-commerce accounting, it is important to have knowledge about e-commerce business and its various types. Ecommerce business refers to the companies that buy and sell products and services over the internet. It operates in different market segments and can be driven over laptops, mobiles, tablets, or other smart devices. Now let’s understand Ecommerce...
Myths about Outsourcing Accounting Services
Why are there still many doubts about outsourcing when the world is opting it out as a reliable resource? What are some of the most common myths about outsourcing accounting services that stop you from hiring experts across the world? Let’s begin Are you a new in Start-up CPA firm with big hopes, dreams...
10 Accounting Basics To Run a Successful E-commerce Business
Regardless of where your eCommerce business stands, accounting is a crucial part that can help you direct your business in the right direction for the long run. Without a solid eCommerce accounting method or, we could say, without having your business equipped with the latest technique to cover all aspects of accounting methods, things can...
5 Ways to Improve Productivity at Workplace
5 Ways to Improve Productivity at Workplace Wondering how some people get all their daily tasks ticked off on the list at the end of a day? Or how to reduce the stress of working overtime to restore work-life balance and? The answer to your questions is to improve productivity at the workplace. Workplace...
ITIN and its Application Process
Planning to work in the USA? If yes, then you must apply for an ITIN to save yourself from unnecessary penalties by the IRS. What is ITIN? Well, every country has specific tax numbers which are used to identify the taxpayers. Similarly, ITIN or Individual Taxpayer Identification Number is a unique identification number issued...
MAS is now IRS Certified Acceptance Agent
Achievements are happier when shared together. With utmost pleasure, MAS announces the success of becoming an IRS Certified Acceptance Agent. And a great authority asks for greater responsibility. To honor that, Mercurius Advisory Services aims to carry forward the values of quality and client satisfaction with utmost dedication. To scale up this accomplishment,...
How to be an Efficient and Effective Bookkeeper?
From bookkeeping to accounting, all the financial activities and their experts are followed by a general stereotype: boring. Although real-life financial experts have cleared the stereotype of being old and grumpy, as many books and movies have portrayed, the conception regarding the work is still the same. Many people think that bookkeeping and accounting activities...
Process of Bookkeeping: Important Activities Bookkeepers Perform
Bookkeeping involves monitoring a company’s financial transactions and entering individual funds owed using a debit and savings system. Each entry represents a unique merchant transaction. All accounting tools have a chart of accounts that lists actual liabilities and account categories. A company’s balance sheet and income statement usually have at least one account for each...
How to reduce coffee intake at the office?
Coffee. If just reading the word makes you want a cup of it, this blog is especially for you. It is known worldwide that coffee is the most effective and most used stimulant in the office or other workplaces. But does that mean it is scientifically approved for regular intake? Let’s face the fact that...
Guide to EIN or FEIN for the Entrepreneurs
Employer Identification Number (EIN) or Federal Employer Identification Number (FEIN) is a Tax ID number issued by the IRS in the US. It is a unique, 9-digit number given to business entities, just like SSN is given to individuals. Understanding EIN in detail As conveyed by the IRS, EIN is mandatory for some, while...
What is an EIN?: Who needs it and Why?
EIN Basics EIN is a US Tax ID number which is mandatory, whether or not you own a business where you need to hire employees. It is a responsibility to get an EIN which must be fulfilled. Even if you have an established business, a start-up firm, or you are just planning to have a...
Tax Deductions: 9 Lesser Known Tax Deductible Purchases
What are Tax Deductions? Tax deductions are the claims which decrease the aggregate amount of tax payable by considering the expenses, costs, and investments made by the taxpayer. In simpler words, tax deductions save you from paying unnecessary taxes. They allow you to save some extra bucks which can be used elsewhere for business or...
Financial Planning Tips: Guide to Get Your Finances in Order
Financial planning is a common need for all. Have you ever heard someone saying that spending money is easier than earning money? Have you ever thought about it deeply? Because if you did, then you must have understood that the reason behind it is a poor track of finances. Everyone yearns for a financially stable...
Must-Have Leadership Skills: A Beginner’s Guide for Leaders
What are Leadership Skills? What makes you a leader? These questions might have stuck you many times in different phases of your life when you had to lead a team or encourage someone. To answer these questions, a leader is a person in charge of something or someone. Thus, leadership skills involve setting an example...
Easy Tips to Avoid Burnout: How to Manage Stress at Work?
Stress? A six-letter word that is a part of everyone’s life at work. The reason for the same could be work-pressure, deadlines, lack of familiarity, environment, and so on. In any case, it is not useful; thus, one must avoid stress at work to save themselves from burning out their energy. Easy to say but...
Latest US Fintech News: Banking Giant Defaulting Millions of SMBs
The world is small, and smaller is the world of tech and business where news can travel faster than the speed of light. Last week, a fintech giant in the USA decided to take away its support back from the SMBs. As a result, a toll took over the major social media platforms like Twitter about how this decision has left many small businesses in a ruckus and how poor the management of this banking giant is.
Why hire a freelance bookkeeper a better choice?
Are you a small business owner who tries to manage bookkeeping by yourself instead of hiring a freelance bookkeeper the way you govern all your business activities from setting up operations to marketing your business? It's great to handle it all until it starts affecting your base operations. So, although you think you are managing your cash flows correctly, you might end up harming your business. The work suits in the hands of the one skilled to do it, just like you are the boss of your business!
Things to keep in mind to sail through the tax season 2021
One of the most stressful times of the year for a person or a business is undoubtedly the tax season. But if you tread carefully and keep a few things in mind while filing your taxes you need not worry much about it and can be free of all the worries that come along with it.
Tax Deductions & Credits that could help you save money
What is a tax deduction?
A tax deduction reduces your taxable income, lowering your tax bill. The amount of the tax deduction is deducted from your income, lowering your taxable income. Your tax bill will be lower if your taxable income is low.
Management Skills
Managing life means getting things done to accomplish life’s objectives, and controlling an organization means acquiring things done with and through other people to achieve its objectives. Management is the administration of an organization, whether a business, a not-for-profit organization, or a government body.
How can monthly maintenance of books help your business
An important aspect of being a business owner is monthly maintenance of books of accounts and cleaning them up regularly, which helps in having a clear image of your business growth; this helps business owners or partners in evaluating their business standard in the market.
Impact of the pandemic on business and how finance function has reinvented itself
Prior to the Covid-19 epidemic, many finance functions across various organisations and sectors were already transforming or evaluating their operating models. It was mainly in response to a broad and effective set of challenges and drivers, including managing costs, conveying value, attracting and retaining talent, making efficient use of technology and automation, and conforming to new regulations.
Essentials if you are outsourcing your Tax preparation
Tax preparation refers to the process of preparation of tax returns by an individual or an organization. It is a cumbersome and elaborate process that requires careful perusal of the financial activities of the taxpayer for a specific period. A licensed practitioner can prepare your taxes, such as an attorney, certified public accountant, enrolled agent, or an unlicensed tax preparation service.
Corporate Governance and Sustainability
Corporate governance is the system and formation of rules, practices, and processes by which a company is monitored and controlled. The company’s goals and objectives are established, and the company’s performance is tracked.
Checklist for filing US Income Tax Returns
Given the circumstances around the world during this pandemic and certainly, new difficulties arising for this tax season, the IRS has offered a 5-point checklist that can help many people speed tax return processing and refund delivery while avoiding delays.
7 Tips to get you through Tax Season
Regardless of experience as an accountant, you might never say tax season is an easy time. It is always challenging to organize the entire year’s work in bulk within a few months. It makes tax accountants work longer days, give up on their sleep, and between piles of paperwork often taking a toll on even the most competent, most experienced, and skilled accountants.
5 Common Mistakes Business Owners Make When Filing Taxes
With the tax deadlines approaching, do the numbers make you scratch your head?
Are you scared of the IRS chasing you for taxes or for making tax mistakes?
The problem is that some business owners don’t think about taxes until the deadlines or the due dates approach which makes tax filing for business owners a hectic and stressful time of the year and leads to unnecessary errors.
Director of MAS invited to shed light on Budget 2022 in the media
Union Budget 2022 was presented by Finance Minister Nirmala Sitharaman on Tuesday. The budget was a topic of controversy as well as discussion all over the country.
Our Director, Mr. Ankit Jain was also a part of many discussions and was invited to speak on different news channels, such as the NewsX and India News.
Director of MAS shared his opinion at NewsX
Mr. Ankit Jain, Director, MAS was invited to the NewsX channel to share his thoughts and views on ‘Modi at Davos & the rise of India’s significant achievement’.
MAS celebrates Christmas with a Social Cause
Christmas is the time for festive cheers and sharing with the ones you care about. With this set intention, MAS came forward with a unique social initiative this Christmas, to share happiness and festivities with the ones who aren’t privileged enough to fulfil their basic needs. To spread some smiles on those gloomy faces, the team decided to visit two nearby old age homes, ‘Kamla Bakshi Elder Home Society’ and ‘Shiv Ashram Family’ for the compassionate initiative.
MAS celebrates its 13th Anniversary
A rainbow of colors unfurled on the stage as MAS celebrated the accomplishment of a decade of hard work and persistence. There’s nothing quite like having fun gatherings to bring an office together. The day was marked by the employees gathering to celebrate the company’s milestones over the past years while mapping out future endeavors.
Addition of an Australian CPA to MAS team
MAS proudly announces the addition of an Australian CPA to the team. Chandramani Goel, Associate Director, has qualified as the Australian CPA. With his strenuous efforts and expertise in accounting, he is leading a large team of professionals and assisting many clients with accounting and taxation services across various continents. Being always ready to accept new challenges, his initiatives at the organization have made him stand out.
Featured in Forbes India
MAS is pleased to announce that the company’s co-founders has been featured in Forbes India’s, Aug’ 21 edition.
The co-founders of Mercurius Advisory Services, Ankit Jain and Siddhartha Havelia, were honoured to be a part of the interview wherein they emphasized about “Driving the growth of business by outsourcing accounting services” for the readers.
Japanese accounting firm Itseki, in association with Mercurius Advisory Services extends its operations in India
Mercurius Advisory Services, with its presence in India, the US and the UK, is a well-established accounting firm currently serving its clients across 30+ countries with the help of its internationally certified, in-house professionals. Laying its foundation in 2008, the company not only has gained an expertise over all major software and but has become a one-stop solution to all the financials needs of business owners by adding the new line of services.
Why Don’t We Talk Business?
Get in touch with our representatives and start your journey on expanding your company and making your business better, more agile and profitable.
As you navigate what’s next, we can work together towards a lasting solution that grows with you.
Join 20,000 other people and get answers on how to improve your business, insurance, human resources and more.
Our Services
Quick Links
©2022 Mercurius Advisory Services. CIN – U74140DL2008PTC177477 | Designed By: Blackbox Business Solutions LLP
