Tax Expense

Annual Tax Expense and Tax Provision Computation

Accounting for taxes requires a deep understanding of both tax and financial reporting rules. With an ever-evolving legislative and financial reporting environment, it can be difficult to stay informed of everything that could affect your tax provision.

At RSM, our professionals take the time to understand your business and the tax issues you face and can meet your needs with a range of tax accounting services. We combine this understanding of your business with our knowledge of the changing regulatory environment to ensure your company stays on top of emerging issues and is in compliance with best practices.

Tax provision preparation

From trial balances to tax disclosures, RSM can assist your company with the entire provision process. We can help you identify the tax impacts of business combinations, evaluate uncertain tax positions, assess the need for a valuation allowance, and more.

If you are working with RSM for your audit or for the preparation of your financials, we will work with your team:

In the scope of your audit with RSM we can provide a tax review of the financials in terms of income and equity tax, withholding tax, stamp duty and also VAT.
We can review your annual tax expense but also the tax provision on the balance sheet and all tax entries during the year to confirm the end of the year balance and annual tax expense.

If your accounts are not audited by RSM we can do all of the above – outside of your audit process – and provide additional tax provision computation and advice.
Our objective is to work with you to deliver efficiency and accuracy within the provision process while supporting the transaction planning that helps you achieve your strategic goals around the globe.