Tax Department Outsourcing
Our CPAs Deliver on the Promise of acting on your behalf to achieve the most beneficial tax results.
Is your business like many mid-size companies - too small to employ a full-time tax department, but at a size that requires ongoing professional tax assistance? Our firm can provide a solution by acting as your outsourced tax department. We currently serve as the outsourced tax department for several publicly-held and privately-owned companies.
The tax professionals that make up our Tax Department Outsourcing Group have a wide range of experiences handling all aspects of a corporate tax department. In addition, as part of the BDO Seidman Alliance, we have access to additional sophisticated international and domestic tax expertise that is available through the fifth largest firm in the world should the need arise.
Our overall objective is to provide you with the highest-level tax service at a lower total cost than if you were to handle the work internally. Our Tax Department Outsourcing Group allows you to focus your efforts on running and growing your business.
We provide a variety of services, including:
- Prepare interim and annual FAS 109 schedules and disclosures
- Review and resolve tax compliance notices
- Manage federal, state and local examinations including all interaction with governmental agents and handling of document requests
- Prepare all federal, state and local tax returns, which can include income, gross receipts, franchise, property, premium, sales and use and similar tax returns
- Maintain and manage the relationship with the outside financial statement auditor on all tax-related matters
- Conduct tax due diligence reviews on acquisition candidates and analyze potential divestitures to ensure all applicable tax benefits are claimed
- Perform tax research as needed to analyze and support tax practices
- Prepare and maintain FIN 48 documentation in accordance with applicable guidance
- Assist in the design and implementation of an overall effective tax strategy that supports the business strategy of the company and minimizes cash payments in accordance with applicable law
Our consultants can help you determine if an outsourced tax department is right for your organization. For more information, call Mike Milazzo or Chris Sivak today at 440-449-6800.