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Tax Planning for a Consulting Firm - 1st Accountants - Your Business Finance Partner

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  • Tax Planning for a Consulting Firm

Project
Information

  • Client

    Naxly Info Tech

  • Category

    Business Consulting

  • Date

    14 February, 2023

  • Location

    Los Angeles, USA

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The Challenge:
A consulting firm faced increasing tax liabilities and wanted to explore legal ways to optimize their tax planning.

What We Did:
We conducted a tax review, identified eligible deductions, and set up a quarterly tax planning system to spread out liabilities and avoid year-end pressure.

The Outcome:
The firm reduced its tax liabilities by 18% and improved cash flow management.

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