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Tax Services

Our Tax Services provide customized tax planning and compliance solutions that meet your business requirements. We remain current with the latest tax laws and regulations to minimize your tax liabilities and maximize savings. From preparation through filing, we ensure your tax matters are managed efficiently and accurately.

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Tax Compliance

Tax compliance services ensure that businesses adhere to all tax laws and regulations at the federal, state, and local levels. This includes preparing and filing tax returns accurately and on time, meeting deadlines for various tax obligations such as income tax, payroll tax, sales tax, and property tax. Tax compliance services also involve conducting regular reviews of financial records to ensure all income, expenses, deductions, and credits are correctly reported. By staying compliant with tax laws, businesses avoid penalties, audits, and legal issues, ensuring smooth operations and maintaining good standing with tax authorities.

Review and Compilation Engagements

Compilation engagements involve assembling financial data into a proper financial statement format without providing assurance. These services are valuable for smaller businesses or organizations if you are seeking to present your financial information in a standardized format .

Filling Out Tax Form

Tax Planning and Advisory

Tax planning and advisory services focus on developing strategies to minimize tax liabilities while maximizing tax benefits and incentives. This involves analyzing current and projected financial situations to identify opportunities for tax savings through deductions, credits, exemptions, and deferrals. Consultants work closely with businesses to optimize their tax structure, investment decisions, and business transactions. Tax planning also includes advising on tax implications of significant events such as mergers, acquisitions, or expansions. By proactively planning and strategizing, businesses can optimize their financial resources and enhance profitability while staying compliant with tax laws.

International Tax Services

International tax services cater to businesses engaged in cross-border activities, helping them navigate the complexities of international tax laws and regulations. This includes advising on issues such as transfer pricing, foreign tax credits, repatriation of profits, and compliance with tax treaties.  We also involve addressing unique challenges related to global expansion, including managing currency fluctuations and mitigating international tax risks.

State and Local Tax (SALT) Services

State and local tax (SALT) services focus on managing tax obligations specific to individual states and localities where businesses operate.. By staying informed and compliant with SALT requirements, businesses can avoid penalties, optimize tax savings, and maintain good relationships with local authorities.

Tax Credits and Incentives

Tax credits and incentives services involve identifying and maximizing opportunities for businesses to claim tax credits and by leveraging them, businesses can reduce their tax liabilities, improve cash flow, and support strategic initiatives such as expansion, innovation, and sustainability efforts.

Call us: +1 929 356 3414

Email Address:  info@cfocrafter.com

Address: 253-15 80th Avenue #210, Floral Park, NY 11004

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