Expert Accounting Services for Your Business
Corporate Tax Planning
In recent years, the burden of state, local and Federal taxation has increased for almost all businesses.
As a result, our corporate tax planning approach emphasizes a fully integrated Federal, state, and local tax strategy. This approach ensures that all tax ramifications are reviewed and the most effective methods of controlling and minimizing all corporate income taxes are selected.
We stress planning to minimize, defer and, if possible, eliminate Federal, state and local taxes; to take advantage of all available tax incentives; to avoid the penalty provisions of the tax laws; and to avoid loss of tax credits or other carryovers.
We conduct reviews of existing compensation packages including fringe benefits and retirement plans to see that the company is getting the most for its money, and is prepared for changes in ownership in the event of redemptions, liquidations, mergers and acquisitions.
Tax Research and Assistance
Our tax professionals can provide valuable support by:
- Providing informative summaries of current tax developments.
- Maintaining contact with appropriate Federal agencies and serving as a liaison between these agencies and your company.
- Drafting private letter ruling requests for critical tax strategies or corporate acquisitions.
Income Tax Provision and Preparation
Current emergence in generally accepted auditing standards leans towards the direction where the external auditors are prohibited to assist their non-public clients in preparing income tax provisions, converging with the current rules for public entities and their auditors. Income tax provision reporting requirements have been more complex and the complexity increases the complications. HNL follows up the current accounting and tax issues, especially the tax plan on a daily basis. HNL can timely update and fill in the blanks by proactively acting as a liaison between clients and their external auditors.
Other Taxation Services
We also provide professional services to address your needs for other types of taxes, such as payroll tax, sales and transaction tax, and representation with taxing authorities.
Business Consulting
We offer a wide range of business consulting services to help you grow and succeed. From business planning to marketing strategy, our team can help you navigate the challenges of running a business.
Customized Tax Return Services
Are you looking for outsource tax preparation services, then you must check HNL Outsourcing. Our process begins by gathering all the vital tax documents and ensuring the accuracy of the available information. We then run those documents through our reliable software that suggests all the exemptions and deductions applicable to your tax returns. The extensive and diligent process of tax filing at HNL Outsourcing includes:-
- Collection of income-related documents from Accounting Firms through FTP server.
- Scanning of documents as images prior to the accounting procedures.
- Meticulously processing income tax records given period.
- Adding fuel charges to the relevant areas after keenly scrutinizing the documents.
- Preparation of tax returns for specific schemes.
- Updation of final documents in the requested format.
