Financial Services - , ,
As the US corporate income tax compliance regulations are becoming stringer day by day and new level of enforcements have come in place, Tax departments are experiencing a corresponding impact on their efficiencies. In today's environment of hyper-regulations the mandate for most tax departments is to do more with less. The solution is here To tackle this, just think about a setup where a tax professional in India is working in coordination with the US counterpart that way the tax team will be much more efficient because when the US counterpart comes to office next day he will have the files ready for review this way the capacity of the tax department would be doubled whereby freeing up the schedule of the internal staff members, this way we can remarkably reduce the turnaround time and that too at a much lesser cost. Services Offered US Federal, International and State Tax Compliance Qty Tax Provision and Reporting Our Key Strengths We are a team of tax professionals who have experience of working primarily in the in-house tax departments of the Fortune 500 companies and have also worked at the India offshore offices of Big 4 consulting Firms. We have extensive knowledge of preparing excel work papers for calculating book to tax adjustments, whereby we are capable of analyzing the GL booking and then applying US tax logic to arrive at the adjustment numbers. We have experience of working in the ERP environment and can use different tools like Hyperion, Essbase etc. to pull the reports which are used to prepare the work papers. Along with the US tax knowledge we have knowledge of writing MS Excel Macro codes which can help us in automating the manual work to save time and bring in efficiency. We have experience on the following US tax softwares Corptax and One Source for US tax compliance Tax Stream for tax provisions.