See How R&D Credits Can Benefit You
Step 1: Request Complimentary Analysis
Get a free initial consultation to discuss your business's ambitions. After the call, we will request some limited additional information to help us refine your estimated credit benefits. This step usually takes 1-2 hours of your time.
Step 2: Receive Proposed Scope of Work
After we evaluate the information gathered, we develop an estimated benefit and lay out the R&D study methodology that will best suit your business, along with the associated timeline and fees.
Step 3: Claim Your Credits
Once the full scope of work is agreed to, we request additional information and conduct interviews in order to determine the final amount of R&D costs under section 174 for the R&D credit. We create a detailed deliverable to support the results, including substantiation for the activities included as R&D.
International Tax Controversy Services
Dealing with an IRS audit or other tax controversy can be stressful and complex, especially when international tax issues are involved. Our experienced team can provide guidance and access to trusted partners for effective representation to help you navigate these challenges. We can support you with:
- Tax Audit Defense: We represent clients during IRS audits and examinations related to international tax matters.
- Tax Penalty Abatement: We can help you negotiate with the IRS to reduce or eliminate penalties related to non-compliance.
- Tax Appeals: If you disagree with an IRS assessment, we can represent you in the appeals process.
- Voluntary Disclosure Programs: If you have unreported foreign income or assets, we can guide you through the IRS's voluntary disclosure programs to mitigate potential tax penalties.
International Tax Planning Services
Beyond compliance, Strategic Tax Planning provides proactive international tax planning strategies to optimize your tax position for future transactions and events:
- Tax Optimization: We develop customized tax planning strategies to minimize your global tax liability while ensuring compliance.
- Expatriation and Repatriation Planning: We assist with tax planning for individuals relocating abroad or returning to the U.S., addressing complex issues related to residency, citizenship, and tax obligations.
- Anti-money Laundering (AML) Compliance: We provide guidance on international AML regulations and KYC (Know Your Customer) requirements to help you mitigate risks and maintain a strong compliance framework.
By partnering with STP, you gain access to a dedicated team of tax professionals committed to providing clear and actionable guidance on all aspects of international tax compliance. Contact us today to learn how we can help you achieve your financial goals.
Get in Touch with Our Tax Professionals
Learn About Partnering With Our Team
The Corporate Transparency Act is in effect. You can get started today by signing up to be notified for updates or by partnering with our team to proactively review your clients' business structures and tax planning strategies.
FAQs
Unclear about our service? Dive into our FAQs for clarity and keep the questions coming.
Yes! Our tax professionals serve both businesses and individuals in identifying and satisfying their US tax compliance requirements while mitigating the risk of penalties.
There are various strategies to optimize your tax liability on foreign income, such as claiming foreign tax credits, utilizing tax treaties, and structuring your investments strategically. Schedule a call today with one of our tax pros to discuss what strategies are available to you.
The penalties for non-compliance with international tax laws can be severe, including substantial fines, penalties, and even criminal prosecution in cases of tax evasion.
