Income Tax
Accounting Services
Accounting Services
Income Tax
Accounting Services
Accounting Services
Companies need efficient, integrated processes that accurately gather and manage transfer pricing data and make timely decisions to support their policies across jurisdictions.
Tax Accounting Services
Improvement and integration of tax accounting and reporting into the finance function has never been more important than it is today.
Financial restatements due to errors in the tax accounts, coupled with increased regulatory scrutiny of tax-related balances and disclosures, have sharpened the focus on tax accounting and exposed significant challenges for many companies. These issues are further complicated by the continued compression of quarter and year-end financial reporting timelines, as well as the emergence of new reporting considerations such as Uncertain Tax Positions (UTP) or the globalization of International Financial Reporting Standards.
Currently, many companies lack skilled tax accounting resources, in the US as well as overseas, to help them meet today’s tax accounting and reporting challenges. In many cases, the strain of managing the increasing tax accounting and reporting burden has resulted in decreased employee morale and/or increased employee turnover.
Tax Services Provided
- Preparation of Individual, Partnership, LLC, and Corporate Income Tax Returns
- Advance Planning and Research to minimize taxes
- Personal Financial Planning
- Representation before Government Tax Agencies
Navigating in an environment of long-term budget pressure
To meet current budgetary needs, states are considering ways to generate additional tax revenue—not only through legislative initiatives and tax amnesties but also through enhanced enforcement. To support these efforts, many states are collecting and leveraging information gained from the IRS or increasingly from other states. Companies need to have a state and local tax strategy that meets today’s challenges and business objectives.
My State and Local Tax practice can help manage state and local tax burdens by recommending solutions that are consistent with your company’s overall business objectives and by identifying appropriate tax treatment that is consistent with good business practices and states’ applicable tax laws and rules.
I can help you with:
- Income/franchise tax planning, controversy and financial reporting
- Indirect taxes
- Employment and personal income taxes
- Credits and incentives
Rahim Gillani, CPA CGMA
Rahim Gillani, CPA, graduated with a BA in accounting from UNM and has 15 years’ experience in public and private accounting. He worked with Atkinson and Company in the audit and tax departments, preparing both individual and corporate income tax returns, and then transferred to Chavarria, Dunne, and Lamey, CPAs, working in audit and governmental accounting. Recently Mr. Gillani worked as a controller in private accounting, responsible for financial statement preparation, tax filings, and property management oversight.
Sustainable Business Solutions
My Sustainable Business Solutions practice can help your business increase sustainability value creation.
Accounting Advisory Services
Your business faces a myriad of complex accounting issues – related to acquisitions, consolidations, and more.