Regardless of a company’s financial and operating status, tax planning can provide a variety of strategies to help companies preserve, acquire, or maximize cash. Implementing an accounting methods change is one such strategy.
Our national accounting methods practice specializes in identifying, substantiating, and documenting federal accounting method changes. These service offerings contribute to our clients’ success by ascertaining and employing the most favorable federal methods of accounting to help accelerate deductions and defer revenues to significantly increase a company’s cash flow.
We help existing businesses establish beneficial tax accounting methods by either filing a Form 3115 with the IRS or adopting the method through a change in facts. We also help start-up, acquired, and reorganized companies adopt efficient methods as they begin anew.