Income tax accounting and ASC 740 assistance

Simplify your income tax accounting with a team who goes above and beyond.

Has the way your company approaches income tax accounting gotten more complicated over the years?

Today’s regulatory and legal environment is tough to navigate. Tax laws are ever-changing, timelines are tight and the provision process is complex.

Having someone who specializes in this area on your side can make a significant difference — and that’s where Wipfli can be your biggest asset. Our team helps ensure that your income tax accounting and tax planning strategies integrate seamlessly with your overall financial picture. We understand provisions from not only the tax perspective but also the accounting side of the equation. This allows us to tailor our solution to your specific challenges and needs, helping to make the process as efficient for your organization as possible.

You can rely on us for a range of income tax accounting services, including:

  • Effective rate planning and analysis for multistate and multinational companies
  • Deferred inventory tracking and valuation analysis
  • Staff outsourcing/co-sourcing

ASC 740 (FAS 109) and FIN 48 assistance

You can also leverage the Wipfli team to help with ASC 740 (FAS 109) and FIN 48. We go beyond implementation and compliance, making sure we also evaluate positions based on technical merits.

Compared to most firms, our process is unique because we work closely with your external auditors so they’re aware of any significant positions and your management’s desired course of action. This means we’re able to avoid unnecessary back and forth communication and unwelcome changes on the back end.