One of the biggest challenges that businesses of all sizes face is preparing for tax season. New changes in the tax code, coupled with the complex terminology used by the Internal Revenue Code, can make it difficult to understand and comply with tax laws. Therefore, we offer a comprehensive list of tax consulting services to ensure that businesses meet stringent tax compliance. When you contact Diener & Associates about our consulting services, you can rely on our experienced certified public accountants (CPAs) to walk you through each step of the process to minimize your tax liability and ensure that you keep more of your hard-earned money.
Professional Tax Consulting Services
At Diener & Associates, our CPAs offer a range of services designed to streamline the income tax process. We provide recommendations on income tax preparation and planning to comply with laws while optimizing returns. Our team works with for-profits to handle deductions, adjustments, credits, and more to help you keep more income. If you operate a nonprofit business, we can aid you in nonprofit tax compliance to ensure that you follow exemption laws.
How Does Tax Consulting Work For Businesses?
Business taxes are not just limited to paying returns once a year. That is why we have extensive consulting services that cover all areas of business throughout the year. Our tax consulting services include retirement planning for individuals, cost segregation studies, and consulting related to the selection and implementation of local and state economic incentives.
We offer services to assist with the management of employee salary and benefits. With a high level of knowledge in business taxes, our outsourced CPAs can provide advantageous payroll tax preparation and consulting services, in addition to planning in relation to excessive compensation. We also offer services on benefits consulting, such as retirement planning services, benefit plan administration, compliance, and reporting. This includes ERISA disclosures and reporting.
In addition, we offer cost segregation studies and sales and use tax planning, preparation, and consulting, as well as tangible property tax planning, preparation, and consulting. Our CPAs can help your business in fixed asset and depreciation tracking and management. Through these professional services, businesses can better manage their tax responsibilities and ensure compliance year after year.
The Benefits of Using a CPA
When your organization works with a CPA, it will receive year-round professional assistance with cost cutting and ensuring that it is paying the minimum amount legally possible in taxes. An experienced CPA understands how taxes work for each type of business structure and can even make suggestions on which structure will meet your business’s needs while lowering taxes.
CPAs also provide other essential consulting services. If your business is in the process of going through a merger or acquisition, our tax consultants provide mergers and acquisitions consulting and planning. We also assist with both buy and sell-side due diligence and transaction structuring.
For those with foreign financial accounts, taxes can quickly go from simple to highly complex. That is why our CPAs are equipped to handle international tax planning, consulting, and compliance. This includes the implementation of an IC-DISC, as well as the structuring of foreign investments and reporting of any foreign accounts.
Speak with an Outsourced CPA For More Information
With an ever-changing tax climate, it is more important than ever for businesses to be aware of changes and know how to address certain tax issues. With the help of an experienced CPA, businesses are better equipped to capitalize on tax credit opportunities, properly structure their finances, and minimize certain risks. Contact the experts at Diener & Associates to learn more about our tax consulting services by calling 703.386.7864 or scheduling a consultation online today.