Tax Services
- Dispositions of Tangible Property
- Expiring NOLs – accelerate income and defer deductions to utilize NOLs
- Maximize tax benefit of the transaction costs incurred in connection with merger, acquisition, restructuring, spin off, etc.
- Optimize methods of accounting for various items of income and expense in initial return
- Pass-through entity, service provider and small business: change the overall method from accrual to cash
- Production Activities Deduction
- Producer or reseller of inventory: minimize impact of Section 263A
- Quasi permanent deferral of income taxes and increase cash flow, by deferring items of income and accelerating items of deductions
- U.S. manufacturing, software development, construction, engineering services, architectural, and agricultural operations – maximize the Section 199
- Volume rebates, allowances, price protection, product returns, etc. –acceleration of deductions
(Cost Segregation, Tangible Property Regs, Green Energy)
- Acquired or Constructed Real Property for Cost Segregation
- Energy efficient building components for 179D
- IRS audit, FIN48 reserve, or Uncertain Tax Position related to fixed assets or depreciation
- Need/desire to increase cash flow by accelerating depreciation deductions
- Benefits/reimbursements provided to employees outside the U.S. or non-U.S. nationals working in the U.S.
- Compensation/pensions/other income paid globally
- Employees moved into/out of U.S. on a short or long-term basis
- Global operations
- Gross Up calculations for relocated employees
- Tax calculations of globally mobile employees
Clients who have or will have:
- Amended federal returns
- Assessed or paid IRS penalties
- Federal carrybacks
- M&A and restructuring activity
- Refund claims (federal)
- Offers in compromise
- Overpaid employment taxes
- Exporter of goods with U.S. source content (IC-DISC)
- Needs to fund non-U.S. operations for expansion, acquisitions, etc.
- Non-U.S. tax compliance, tax attribute tracking, and U.S. international disclosures
- Plans to repatriate non-U.S. earnings
- Plans to restructure overseas supply chain
- Seeks to reduce income taxes in non-U.S. jurisdictions
- Unused Foreign Tax Credits
- S. multinational entity, U.S. or non-U.S. owned
- Offshore Voluntary Disclosure Program
- Exemption analysis (environmental, foreign trade zones, etc.)
- Overpayment of real or personal property taxes
- Property Tax Certifications
- Property Tax returns
- Analysis of R&D expenses
- Making a product, manufacturing process, or software better, faster, cheaper, or greener
- Paying for engineering, software-development, or physical or biological services
- R&D credits against AMT Tax
- R&D credits against payroll taxes for start-ups
- Affiliated member of a group
- Filing in multiple states
- Nexus Study
- Sells services or products that are not tangible personal property
- Significant sales for resale, to exempt parties, to manufacturers, or other tax exempt sales
- State exam or state assessments
- State net operating losses
- Unclaimed Property
- Accounting for acquisitions
- Automating tax provision preparation process
- Material weakness or significant deficiency in accounting for income tax
- Too few people, or significant turnover among tax department staff
- Audit by IRS or other taxing authority, regarding cross-border transactions
- Concern about requirement of transfer pricing documentation
- Federal Form 5471 and/or Form 5472
- Interested in reducing costs in supply chain and/or repatriation of profits
- Multinational related entities with cross border transactions
Consulting Services
- Agreed Upon Procedures
- Cyber Security
- Data Hosting
- Data Mining
- Disaster Recovery
- Due Diligence
- Expense Reduction Studies
- Financing Assistance
- Fractional CFO Services
- Managed Service
- Mergers & Acquisitions
- Quality of Earnings
- Strategic Planning
- SOC Certifications
- Succession Planning
- Value Enhancement Services (VOP)
- Buy-Sell Agreement Planning
- Bankruptcy Support
- Buy-Sell Agreements
- Estate Tax Planning
- Gifting
- Marital Dissolutions
- Mergers & Acquisitions
- Shareholder Buyout and Buy In
- Value Enhancement
- Benefit plans requiring plan audits and Form 5500 tax return preparation
- Equity-based compensation, e.g., stock options, restricted stock or profits interests in an LLC
- Executive compensation plans/split-dollar plans
- Form 5500 preparation
- Investment funds that require audits, e.g., “common collective trust”
- Mergers, acquisitions, spin-offs, etc.
- Public company auditor looking for audit support, e.g., preparing financial statements, disclosures, adjustments
- Retirement plan including cash balance and cross tested plans
- 100+ employees
- Fair market value paid to seller, and shorter time frame to closing
- Potential for no income tax paid by the business in the future
- Privately held business looking for liquidity without forfeiting control
- Reward and retain management team and key employees
- Smooth transaction without disruption by M&A process
- Tax-advantaged buyout of founder/owners
- Involvement in energy or renewable energy business
- Plans for expansion, consolidation or divestiture
- Plans for major capital investments
- Plans for job increases, downsizing, and/or relocation
- State negotiated incentives
- Targeted employee groups (i.e. Veterans, disadvantaged families, etc.)
- Assistance with Discovery
- Construction Delays
- Contract Damages
- Fraud Detection
- Insurance Claims
- Litigation Support
- Lost Profits
- Matrimonial Dissolutions and Prenuptial Agreements
- Shareholder/Partner Disputes
- White Collar Crimes
- Closely-held business and succession
- Concierge Premier Lifestyle
- Early stage or venture-capital-backed company
- Estate and gift planning
- Exit Planning/Succession
- Founder/CEO is high net worth individual with complex tax issues
- Owners planning to sell business to generate liquidity
- Wealth Advisory
- Will Review and Planning
- Due diligence and/or structuring services associated with planned or prior acquisitions or merger
- Evaluation of asset vs. stock for buyer or seller
- Excess cash that needs to be deployed or distributed
- Looking to raise significant capital e.g., organic growth, liquidity
- Newly formed entity
- Planned or prior acquisitions
- Principals seeking partial or complete exit
- Transactional modeling services
- 338(h)10
- 351/721 transaction, asset acquisition
- 754 Step-up