Business Tax Services (Specialty Tax, Outsourcing & Sampling Services)

We will work closely with you to understand your business operations and identify tax issues and strategies necessary to meet your business goals. The complexity of income tax laws offers many opportunities for tax savings or tax deferrals. Because it is your right to employ every legitimate means to reduce your tax liability, we focus our tax services on insightful and timely tax planning advice.

If your business is growing, consolidating, relocating or expanding facilities, merging or acquiring, there may be significant opportunities for state and federal tax savings. LBMC’s experienced specialty tax team can help you uncover, identify, qualify, comply and realize the benefits of tax credits, research and development incentives for your business activities.

Services We Offer Our Business Tax Clients

  • Accounting methods consulting
  • Accounts payable and receivable
  • ASC 740 accounting for income taxes assistance
  • Business succession planning
  • Cost segregation and fixed assets
  • Disbursements
  • Family business services
  • FIN 48
  • Form 990/Schedule H
  • Income tax accounting services
  • Inventory analysis & valuation
  • Japanese Business Services
  • Joint venture planning
  • Manual journal entries
  • Meals and entertainment expenses
  • Medical claims
  • Payment reconciliation
  • Qualified intermediary audits /voluntary compliance audits
  • Repair and maintenance accounts
  • Strategic tax planning
  • Tangible property regulations
  • Tax compliance
  • Tax department outsourcing
  • Tax due diligence and structuring
  • Transfer Pricing

Cost Segregation and Fixed Asset Services

Cost Segregation and Fixed Asset studies reclassify assets to maximize personal property, optimizing depreciation deductions and resulting in substantial cash flow benefits. A cost segregation study typically focuses on specific real estate assets, while fixed asset studies include all the assets a client owns. Our team combines a detailed invoice review of the client’s documentation with the engineering review included in cost segregation and fixed asset studies.

  • 179D – (The IRS provides other incentives for building owners. These include 179D energy efficient building deductions and tax credits for solar and other alternative energy systems.)
  • 263a
  • Cost Segregation
  • Fixed Asset Review
  • Rehabilitation Tax Credit