Full tax department outsourcing – If your financial services company has a unique business need to absorb your tax function, DHG stands ready to support your business with the full resources and training capabilities of our tax team.
ASC 740 tax accounting preparation and review – Income tax accounting takes into consideration deferred tax assets, liabilities and credits. We can also assist your company with income tax provision tool validation.
Tax process re-engineering – DHG helps the company’s tax function explore efficiency opportunities and build the complete tax cycle or a specific work stream for provision, budgeting or compliance. This process can include an income tax provision software custom design and configuration to the institution’s needs.
Mergers and acquisitions due diligence – Thoughtful due diligence planning on the buy-side and sell-side of a transaction can greatly benefit the business in terms of structure, price and valuation.
Federal corporate tax – The evolving federal corporate tax landscape can be challenging when coupled with IRS exam assistance, pending tax legislation and new tax laws, including the Paycheck Protection Program. Information reporting strategies are also key to meet federal tax requirements.
Tax advisory – Monitoring corporate tax legislation can come with unexpected challenges. DHG can help your financial services company stay current with tax scenarios at various rates, as well as rate arbitrage opportunities, as new tax guidance is proposed or signed into law.
Executive compensation – IRS guidance for tax code Section 162(m) should be carefully considered by business leaders, especially when a financial services company is exploring mergers and acquisitions that might bring golden parachutes, known as Section 280G, and bonus arrangements for covered employees. DHG also offers consulting related to equity compensation, bonus and other incentive compensation plans.
Income tax credits - Companies often utilize income tax credits to satisfy certain regulatory requirements, as well as create value to the organization. Our team can assist with the evaluation of these investments and the accounting elections required.
Cost segregation - Our team of engineers and fixed asset leaders study real estate improvements and assets to maximize tax depreciation deductions.
State and local tax (SALT); income, property and sales and use tax – As your company has operations and customers throughout the U.S., lean on our tax professionals to help you comply with state and local revenue requirements.
BASEL III regulatory capital calculation – DHG can guide your financial services company through capital requirements for certain investments and offer strategies for regulatory compliance.
Information reporting — Tax reporting for customers is a critical reputational risk area for financial services companies. DHG can assist with the interpretation of the complex rules, create an enhanced process for fulfillment and provide support during IRS examinations.