Business Tax
Decrease Your Liability
ASL works with you to address your tax needs to your best advantage, so you can focus on developing and maintaining your competitive advantage in the market. We have the experience and knowledge in business taxation to help you manage tax risks, seize opportunities to reduce business taxes, and minimize the burden of tax compliance. We strive to make you feel like we are your tax director sitting just down the hall.
Our services include:
Tax Planning and Return Preparation
In all, we can take you beyond standard return preparation and interim reports with innovative solutions that leverage new legislation and recognize opportunities, such as research & experimentation credits, Section 199A pass-through deductions, foreign-derived intangible income deductions for export sales, and C corporation v S corporation analysis. We cut through the complexity to help you manage your tax filings and reduce your tax burden.
State and International Tax Support
Business is increasingly global, no matter the size of your company. We offer quality state and international tax planning and compliance services to help our clients minimize their taxes and the administrative burden of compliance. We take a practical approach to helping you maintain compliance while proactively pointing out viable opportunities to save taxes.
Corporate Tax Provision Preparation and Consulting
If you are a public company and/or have a complex tax situation, we can assist with your corporate tax provision work. We have experienced professionals in ASC 740/FAS 109 and corporate taxation with years of experience at Big 4 and national firms.
Business Tax Structure and Analysis
Buying or selling a business dramatically affects your company’s tax exposure. Additionally, compensation issues can inflate your tax risk. We can structure your business formation, liquidation and reorganizations to your optimum tax benefit – including structure coordination for foreign operations, as well as M&A deductions. Our team can also review your costing practices, resolving revenue recognition issues that may be costing your business in unnecessary taxation, while maximizing utilization of any net operating losses.
Tax Controversy Services
We represent our clients successfully before tax agencies in audits and appeals.
We can establish reporting consistencies and devise tax strategies that minimize your financial liability, so you can get on with running your business.
Questions to Ask Yourself
An insufficiently knowledgeable tax service provider will not have the expertise or industry experience to efficiently mitigate tax risks or point out strategies to save taxes – they will provide only limited tax return preparation services without tax planning, the ability to answer questions, or timely issue resolution. A tax service provider that is too large for your business will prioritize other clients, be slow in responding, upsell unnecessary projects and services, and drop the ball through inattention to your business.
ASL focuses on providing solid value added tax planning and compliance services to emerging and middle market companies and their owners. We do this by addressing tax risks and pointing out viable tax saving strategies in all areas to our business clients in real time. We are responsive and attentive and give you the service that you need.
As businesses have employees and customers increasingly spread throughout the world, tax complexity multiplies. Determine whether your current tax service firm provides both tax planning strategies and correct tax compliance filings. If you operate nationally or globally and aren’t actively managing your state and international tax footprint, you may be either exposing your business to risk or overpaying taxes.
Sound tax planning can effectively increase the value of your company in a future deal and can help you minimize taxes on the deal itself. Consider whether your current tax services provider is helping you build the value of your company in a future transaction and whether they will be able to effectively tax plan for a transaction. It generally takes 3-5 years to correctly position a company’s tax situation to maximize value in a deal – there’s no time to lose.
