Skip to content
Tax Power-U.S. International Tax & Business Solutions
  • Fees & Policies
  • Contact Us
  • Tax Problems
Site Search

Global Business Solutions

For many U.S. businesses, income tax expense represents the greatest single line item expense on the P&L statement. When added to other non income related taxes such as real and personal property taxes, consumer use tax, excise tax, etc., plus the expenses of compliance with federal and local tax laws, the number can be staggering when viewed as a percentage of gross income as compared with other business expenses. 

Tax laws and regulations are extremely complex and should be addressed only by specially trained and experienced professionals; however budget constraints often place limitations on businesses resources that may result in unnecessary penalties and interest. Failure to devote adequate resources to tax administration often also results in the business paying unnecessary taxes, and often penalties, as a result of lost tax planning opportunities.

Acting as an extension of your business or Tax Department, Powers & Company will work with your business to identify the tax ramifications associated with your business, including all related tax compliance requirements, and then provide the tax research, planning and compliance support necessary to avoid unexpected and potentially adverse tax consequences. The tax services that we provide are listed below.

Global Business Tax Services

Doing business outside your home country creates many unique tax situations and imposes new and unusual tax requirements. This applies to both U.S. companies doing business abroad as well as companies of other countries doing business in the United States.

Depending on whether your business is merely shipping product to customers overseas and occasionally sends representatives to call on customers, or if it assigns business representatives to live in the country temporarily or indefinitely; whether you establish a branch office or a local business entity; whether you advertise in the foreign country or not along with many other factors can determine to what extent your business will be exposed to taxation in a foreign country or subject to special tax rules in your home country.

Powers & Company will work with your business to identify the tax ramifications of doing business overseas and to plan and avoid unexpected and potentially adverse tax consequences.

The Tax Services That We Provide

  1. U.S. Federal Income Tax Return Preparation & Compliance
    • Domestic Corporate Federal Separate or Consolidated Group
    • International Corporate Federal with Foreign Tax Credits and Subpart F Income
    • Foreign Corporations Doing Business in the U.S.
    • Multi-State Income/Franchise Taxation
    • Partnership and L.L.C. Taxation
  2. Transfer Pricing Analysis and Advice
  3. Foreign Information Reporting
    • Forms 5471
    • Forms 5472
  4. Information Return Compliance
    • Forms 1099
    • Forms 1042
  5. U.S. Federal, State & Local Income Tax Audit Representation
  6. Sales & Use Tax Compliance Solutions
    • Sales Tax Audit Representation
  7. Property Tax Solutions
    • Tax Rendition Preparation
    • Tax Audit and Assessment Appeals
  8. Corporate Transaction Tax Research and Planning
    • Mergers & Acquisitions
    • Corporate Organization/Reorganization
    • Foreign Tax Credit Planning
    • Subpart F Income
    • Foreign Business Operations & Income Repatriation
  9. FSC Tax Services

 

Recent Posts

  • Tax Lives Even After Death- Efficiently Administering an Estate by Andrew J. Powers
  • COMING TO AMERICA: U.S. Taxes for Aliens (including asylees) and Foreign Businesses operating in the U.S.
  • NEW BUSINESS OPPORTUNITIES AND CHALLENGES CREATED BY THE INTERNET AND NOW COVID-Double Taxation on Marketplace Facilitators like eBay, Amazon & Etsy- A Focus On Multistate Sales Tax.
  • IRS Delays Onerous Reporting Rules for Payment Platforms
  • How do IRS’s 2022 challenges and positions affect you?

Recent Comments

  • nonono on Deductible 2017 Passive Property Disaster Losses
  • Construindo Bankroll Chico Nogue on Deductible 2017 Passive Property Disaster Losses
  • remcos rat cracked on Deductible 2017 Passive Property Disaster Losses

Archives

  • February 2023
  • January 2023
  • December 2022
  • May 2022
  • March 2022
  • January 2022
  • January 2021
  • June 2020
  • April 2020
  • March 2020
  • January 2020
  • December 2019
  • March 2019
  • February 2019
  • January 2019
  • November 2018
  • October 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017

Categories

  • Uncategorized

Meta

  • Register
  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

Recent Posts

  • Tax Lives Even After Death- Efficiently Administering an Estate by Andrew J. Powers

    12 Feb , 2023
  • COMING TO AMERICA: U.S. Taxes for Aliens (including asylees) and Foreign Businesses operating in the U.S.

    30 Jan , 2023
  • NEW BUSINESS OPPORTUNITIES AND CHALLENGES CREATED BY THE INTERNET AND NOW COVID-Double Taxation on Marketplace Facilitators like eBay, Amazon & Etsy- A Focus On Multistate Sales Tax.

    16 Jan , 2023
  • IRS Delays Onerous Reporting Rules for Payment Platforms

    29 Dec , 2022
  • How do IRS’s 2022 challenges and positions affect you?

    02 May , 2022
Theme by Colorlib Powered by WordPress