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 – In these troubled times, companies are intent on preserving cash. Often companies do not take advantage of all available tax deductions and credits. Our professionals can quickly assess whether you are leaving tax dollars on the table.
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.