LOS ANGELES - July 16, 2020 - With Madras Accountancy, Your taxation work turns out to be a lot simpler, smooth and effective by placing your requirements into the hands of a highly experienced CPA outsourcing firm in India, that understands the best practices and knows how to meet the client's needs with a dedicated team of highly skilled & trained professionals. Our tax services covers Business Plan & Strategy formation, Due Diligence, Individual Tax Returns (Form 1040, 1040-EZ, 1040-NR), Business Tax Returns (Form 1065, 1120, 1120S), International tax planning, State and local tax planning, Not-for Profit Returns (Form 990, 990EZ), Real Estate and Gift Tax Returns (Form 706, 709), Tax Planning, Credits and Incentives, Tax Controversy, Mergers and acquisition, Complete transaction structuring and Asset Disposition and Liquidations.
Cost segregation is our main strategy that helps to increase taxable income by depreciating certain components of your asset or property at a faster rate.
Nowadays financial report procedures are changing up to date and most of the auditors are not aware of the exact requirement, and the company wouldn't pay the tax within a given deadline then they would end up paying penalties. Our team will proactively work on this in advance with all latest updates on preparing income tax provision assessment.
FORM 10-K - Annual calculation on tax accruals
FORM 10-Q - Quarterly calculation on tax accruals
FIN 48 - Disclosure of uncertain tax positions in US GAAP based financial reports, accounting for uncertainty in income taxes.
We also assist our CAPs in preparing local and state government taxes for individuals and business firms to maintain their revenue. It includes personal income tax, corporate income taxes, sales taxes, asset taxes etc. our team will help with these taxes and create a special strategy to make use of the advantages provided and deduct the tax amount payable, such as income and franchise taxes, Sales and use taxes, Credits and incentives, Personal and real property taxes, Unclaimed property and Employment taxes.
We will take care of the entire international tax preparation and reporting in prior to minimize the tax amount and avoid penalties, including Inbound international tax planning, International taxes for employers, International taxes for individuals, Outbound international tax planning, Transfer pricing and U.S. export tax incentive.
We also offer,
Bookkeeping (Monthly, Quarterly and Annually)
Bank reconciliations
Accounts payable management
Accounts receivables management
Quick books training and support
Business consulting
To know our services in detail, please visit our website :www.madrasacc.com
Media Contact
Madras Accountancy/ Balaji Manohar
bmanohar@madrasacc.com
+1 (818) 491-6518
