Taxes - FinAcco

TAXATION

We provide U.S. federal, international, and state tax services to smaller and mid-sized businesses. We prepare and file state and federal tax returns, perform research, prepare tax write-ups, address other compliance needs.

More specifically, our services include:

U.S. Federal Income Taxes

Taxation of organizational and start-up cost;
Qualifying, non-qualifying stock options and other equity-based awards;
Property transfer transactions;
Deductibility of interest cost under Sec. 163;
Sec. 174 R&D expenses, including software development cost;
R&D tax credits under Sec. 41
Preparation of partnership tax returns, inside, outside basis adjustments;
Preparation of corporate income tax returns for C and S corporations;
Preparation of corporate income tax provisions, facilitating review by auditors;
Preparation of ASC 740 disclosures, including income tax reconciliation;
Deferred tax calculations, assessment of realizability of deferred tax assets;

International Taxation

U.S. sourcing rules for dividends, interest, capital gains, personal services;
U.S. income effectively connected to a U.S. trade or business;
Taxation of controlled foreign corporations (CFC)- GILTI/NCTI regime, subpart F income
Taxation of foreign income by U.S. domestic corporations- FDII/FDDEI
Application of other Subchapter N provisions, including asset-use and business-activities tests;
Taxation of partnership, including investment funds, with foreign partners;
Chapter 3 withholding on FDAP income. other payments to foreign persons;
Technical research and drafting memos;

State and local income & other taxes

Evaluation of state tax nexus for income, sales, and use taxes;
Multi-state apportionment and allocation of net income;
Calculation of combined income for unitary groups under combined reporting rules;
Analysis of state versus federal differences in NOLs, deductions, conformity issues;
Preparation and filing of state income tax and sales/use tax returns;
Assistance with property, franchise, and other state taxes;