Accounting for income taxes is a very complex area of GAAP that often requires expertise to ensure accurate computations and analysis.   The objectives of accounting for income taxes are to recognize (1) the amount of taxes payable or refundable for the current year and (2) deferred tax liabilities and assets for the future tax consequences of events that have been recognized in an enterprise’s financial statements or on tax returns.

Our firm can assist your company by:

• Becoming your Part-Time Tax Director
• We can be hired for a minimum of 1 day per month to act as your outsourced tax department.
  Preparing your tax provision based on the principals of FAS 109 and the intra-period quarterly reporting requirements in accordance with FIN18.
• Reiewing your company's tax provisions model to ensure accuracy of the data before this information is provided to your company's independent auditors.
• Assisting in the analysis of the realizibility of deferred tax assets or deferred tax liabilities and help with the determination of the need for a valuation allowance.
• Assisting your company with the preparation of audit support.
• Ensuring your company's tax reserves are appropriately recorded.
• Acting as a liaison between your accounting staff and your independent auditors.
• Preparing, reviewing, or testing your company's internal controls with respect to tax function.
• Assist with Special Projects
• Sarbanes-Oxley (404)
• Research Projects
• FIN 48 assistance
• Presentations
• Due Diligence/M&A work
• IRC 382 assistance
• Sales & Use Tax Assistance
• Tax Compliance (See Tax Services)

For additional information contact joel@joelgardosikcpa.com.