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Because most taxes paid by business enterprises are based wholly or in part on accounting data and since the preparation of income tax returns is an essential phase of the finance and accounting function.
Tax consultation has become an essential service aside from auditing and other consulting services. We renders tax services and seek to help clients:
- Minimize their tax liability within legal constraints
- Avoid overpayment of taxes, and
- Avoid the risk of penalty impositions due to erroneous or late filing of returns
Our Tax Work
Our tax practice consists of:
- Reviewing tax returns
- Preparing tax returns for individuals
- Preparing tax returns for corporations and other legal entities
- Representing clients in dealing with tax authorities
- Preparing protests and claims for refund
- Assisting clients in tax planning
- Acting as general advisor on tax matters
Tax Review
Tax reviews constitute another segment of our practice. A tax review is a review of those business transactions of a company which have tax implications, in order to:
- Verify the soundness of tax concepts applied by the company
- Identify ways and means for better business tax planning
- Avoid or minimize costly litigation
- Claims for refunds
- Assist clients in tax planning
- Render an opinion on the tax aspects of certain accounting treatments
- Act as general advisor on tax matters.
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