Services Checklist

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

We are your one-stop shop for all of your financial needs.