The tax industry has experienced historic legislative and regulatory change. Businesses of all sizes, across all industries, have been impacted by the monumental changes to the federal tax code. Digital service providers, e-commerce sellers, consumers, as well as buyers and sellers of businesses are still assessing compliance with the new economic nexus statutes in states.
Tax departments are facing complex changes and new deadlines while company executives are seeking answers to bottom line impact. Strategic business decisions and tax planning opportunities are becoming increasingly intertwined. Compliance and consulting in the new tax regime requires a nimble and holistic approach addressing the key impacts to businesses:
- GILTI, FDII, BEAT
- Section 199A Deduction Analysis
- Interest Deduction Limitation/Section 163(j)
- Economic nexus filing obligations/Wayfair
- Bonus Depreciation
- Corporate AMT
- Federal Research Credit
- Opportunity Zones
Jambrina CPA has professionals in virtually every tax area, industry and sector, who bring experience, insight, and a collaborative approach to even the most complex tax compliance and consulting situations. Strategic tax planning is key to lowering businesses’ total tax liability.