ITA provides strategic tax planning services, and representation of clients in resolving matters with tax collection agencies in the United States and Canada.
Our tax planning is based on current law and substantial authority. We do not utilize ultra high risk planning techniques. Instead, all of our planning is done in contemplation of possible future full disclosure to the Internal Revenue Service or other parties, a process we call “pro-active audit readiness.”
ITA`s core commitment is to provide value to each client through technical expertise and service. Our staff strives to maintain the highest possible level of technical expertise through a broad spectrum of internal and external training and interactive client assignments. We pride ourselves in being recognized by clients and other professionals as a premier strategic tax advisory firm.
Our clientele is composed of a diverse group of businesses (including both established and emerging companies) and their individual owners, spanning the U.S. and abroad. In fact, ITA is understood to be one of the largest, independent tax planning advisory services to the small to medium size businesses in the United States.
Prior to developing a client`s strategic tax plan, ITA`s Tax Consultants perform an in-depth review of a client`s financial and tax situation. A Project Manager and the Tax Consultant (most having a legal background) examine revenue sources, current tax planning, prior years` filings, communications from revenue agencies, and business goals and structure.
Certain members of ITA are former Revenue Officers, IRS Auditors, and IRS Tax Agents -- familiar with the pitfalls most businesses encounter (and the Service`s approach to dealing with them).
Our professional advisors work in concert with your legal and accounting professionals in the development and implementation of approved tax strategies designed to minimize your tax obligation and maximize retained revenues.
In the case of taxpayer delinquencies, tax assessments and tax collection matters, problems can often be resolved through face-to-face negotiations with IRS Agents or such other appropriate taxing agency representatives. Remember, Tax Agents are trained to identify and question both legitimate and questionable tax "loopholes" utilized by your professional advisors during the preparation of your tax filings. Some advisors tend to be more "aggressive" than others (when employing tax strategies). Therefore, it is always wise to utilize tax professionals to represent you and your interests when dealing with taxing authorities.
With the mountains of tax legislation facing local accountants, many do not have the time to keep abreast of constantly changing tax laws. The professional staff at ITA provides the necessary experience when and where you need it -- helping you deal with the present, and plan for the future.
Some of the many areas addressed by ITA include:
Income Tax Planning (Federal, State, and International)
Business Structure Review and Recommendations
Examine Tax Consequences of Business Decisions
Examine Transfer Pricing Methodologies
Sales & Use Tax Structuring and Representation
Tax Exposure Assessments
Methods of Maximizing Shareholder Value
Tax Deferral Planning
Employee Retention Planning
Employee Benefit Evaluation and Planning
Business Purchase & Sale Tax Minimization Structuring
Tax Advantaged Mergers & Acquisition Structuring
Insurance Structure and Sufficiency Assessments
International Business Planning and Structuring
Implementation Planning and Assistance
Negotiation and Arbitration Representation
Tax Review and Submissions Support
Representation in Audit and Tax Controversies
Tax Defense Advisory Services and Representation