How we
help you

Comprehensive tax advisory services tailored to every stage of growth.

Our services

tax accounting

tax compliance

tax planning

state & local tax

international tax

Tax
Accounting

Financial reporting can be highly complex, and our experts make the hard lifting easier with tools and expertise to assist with preparing tax provision calculations and related disclosures.

Tax Provision

Many companies do not maintain sufficient qualified resources to properly prepare their tax provision. Our professionals are expert in preparing and reviewing tax provisions. Whether your financial statements are prepared under U.S. GAAP, IFRS, or another method of accounting, we can help you to ensure your tax provision calculation is properly prepared.

Material Weakness Remediation

For companies facing a material weakness or significant deficiency in tax, it is imperative to face the problem head-on and address process issues swiftly and fully. Our professionals have assisted countless companies to address and remediate deficiencies in their tax departments. Our efforts focus on improving processes, recalculating tax computations as appropriate, and advising in-house staff.

Technology Implementation and Automation

Our proprietary TaxProvision.net software automates the tax provision process, allowing more time for review and analysis and less time on mundane and repetitive tasks.

Tax
Compliance

Tax return filings

Our professionals have many decades of experience helping clients to be compliant with their tax filing requirements.

But unlike other firms, we do not simply prepare your tax returns and then disappear until next year. On the contrary, after we prepare your tax returns we meet with our clients to alert them to potential planning ideas that could apply to their companies.

Tax
planning

We view tax planning as a year-round exercise, focused on your company’s business objectives. We believe that good tax planning takes into account your strategic objectives. Our professionals make it a practice to dissect the available tax planning opportunities and present only those that align with your company’s overall objectives. We also understand that executives’ time is precious, and our process allows for minimal intrusion into your executives’ time.

Effective Tax Rate Planning

There are a number of tax planning opportunities that afford companies not only a cash tax benefit, but also an effective tax rate benefit on their financial statements. Our professionals can quickly assess whether your company is taking advantage of available tax planning ideas that afford effective rate benefit.

Cash Tax Planning

No matter where your company is in its life cycle, cash is always king. Our professionals can quickly assess whether you are leaving tax dollars on the table. We consider both long-term and short-term opportunities that match your company’s business goals.

R&D

The R&D tax credit is a powerful benefit available to many companies engaging in research & development in the U.S. In addition to providing a cash tax benefit, the R&D credit affords a company an effective rate benefit as well. We have assisted companies large and small to ensure they received the maximum allowable benefit.

Cost Segregation

If you have recently acquired or refurbished a building, an analysis of the types of assets involved can potentially accelerate depreciation and reduce current tax costs. Our professionals can help you analyze your fixed assets to determine whether they are categorized in the most tax efficient manner.

Accounting Methods

Proper planning relating to accounting methods often affords companies a benefit that serves to reduce current taxes. In some cases, effective rate benefit can also be derived. We can help you analyze your accounting methods to determine whether they best suit your business and tax objectives.

State & Local

Many factors need to be considered when reviewing a company’s state & local tax position. Such issues as business nexus, apportionment of income and expenses, and determination of filing positions should all be considered to ensure that state taxes are minimized while complying with all applicable filing requirements.

STATE &
LOCAL TAX

Full Outsourcing

State & local taxation has become increasingly complex, with different rules for each state and type of tax. Gillon Tax Advisors takes the struggle out of state & local tax by ensuring accurate and timely filing for income and sales/use tax, refund applications, amended returns, and any other services necessary to ensure that your state/local house is in order.

Compliance Review

Do you ever worry that your business is not filing in the correct states, or have you received a notice from a state for non-compliance? Our professionals can quickly analyze your filing situation and suggest changes to ensure full compliance.

Sales/Use Tax

Our sales/use tax check ensures that you are complying with Post-Wayfair guidelines for filing sales/use tax returns and remitting tax to state taxing authorities.

Credits/Incentives

Many states offer incentives for investment, hiring, and relocation of businesses to their state. If you are considering making a move or hiring new employees, make sure to talk to us early to ensure that you are taking advantage of eligible incentives.

International
Tax

As your business begins to grow internationally, proper planning is essential to ensure that global tax risks and costs are minimized and compliance is achieved around the world. Our experts maintain many years of experience and can assist with your international tax needs, including:

Global Tax structure – properly create an organizational structure that matches the needs and complexity of your operations around the world. This includes an understanding and plan for permanent establishment issues, location of intangible property, consideration of types of legal structures, etc.

Transfer Pricing, including intercompany agreements

Non-income tax compliance and consulting (VAT and GST)

Structures to best meet cash flow needs and optimize dividends/return of capital (involving E&P) – includes consideration of debt vs. equity issues, withholding taxes, tax treaties, etc.

Foreign Tax Credit Modeling and calculation
TCJA and its transition to OBBBA, including but not limited to BEAT, FDII, GILTI, Subpart F, CAMT, 163j, 174, 7874 and other related tax laws that impact foreign operations.

How wehelp you