True Partners Consulting’s Accounting Methods professionals are highly skilled in identifying opportunities to accelerate and/or defer recognition of income and deductions, calculating potential tax and cash flow benefits, successfully implementing the results, and defending positions during IRS examination.
Do you own significant amounts of property, plants, buildings, and equipment or maintain inventory? Are you undergoing or considering significant business transactions, relocation, or any other changes in the way you do business? These are all valid reasons to perform a complete review of your tax accounting methods.
By being strategic in adopting accounting methods, the result is optimizing your current and future needs whether your goal is to accelerate or to defer the recognition of income and deductions. What other opportunities might you capture?
We assist our clients in maximizing these benefits by reviewing their current tax positions in light of their operations and current and future business needs. The following areas are just a few that offer opportunities: