FAS 109/ASC 740 Accounting for Incomes Taxes

FAS 109/ASC 740 Review and Preparation
FIN 48 Review and Preparation
Effective Tax Rate Planning
Deferred Tax Inventory Analysis
Valuation Allowance (DTA Analysis)
Staff Outsourcing

Tax Consulting Services

Tax Controversy

RAR Analysis and Consulting
IDR Response
State Notices and Exams
Amended Returns

Transaction Consulting

E&P and Tax Basis Studies
M & A Planning and Due Diligence
Transaction Cost Analysis

Research and Experimentation Credit Analysis
Retraining and other Tax Credit
Choice of Entity Election

Recovery

Net Operating Loss (NOL) Carrybacks
Section 382 Analysis

Executive Compensation

Stock Option Analysis
Golden Parachute Analysis
AMT Analysis

Tax Compliance Services

Return Preparation Services

Return Review

Estimated Tax Planning

Alternative Minimum Tax (AMT) Planning

Fixed Asset Accounting

Records Maintenance
Cost Segregation Studies
Fixed Asset System Conversions

Tax Accounting

Staff Outsourcing

Multistate (SALT)

Multistate Structure Analysis
Nexus, Apportionment Planning and Analysis
Exposure Analysis (FIN 48)
Voluntary Disclosures (VDA)
Audit Management
Amended Returns

PKM Contact

Janet Sammons
jsammons@pkm.com
404-420-5672

Tax Services for Financial Institutions

PKM provides tax advisory and consulting services to banking clients located around the country. Our professionals have years of collective experience in a wide range of tax issues, including:

Federal and state income tax compliance - including annual returns and estimated payments
FAS 109 & FIN 48 – evaluation of uncertain tax positions and financial statement disclosures
GAAP, RAP, and Tax regulatory reporting requirements, including regulatory capital< calculations for call reports
State income tax nexus reviews
Business entity election - S corporation or C corporation
Stock option reporting and tax implications
Merger & acquisition structure and reporting

Our Professional Involvement

The Financial Institutions Committee of PKF North American Network (www.pkfnan.org)
Community Bank Advisory Network (CBAN), a national organization of CPA firms specializing in community banks
Financial Institutions Forum - an organization that conducts seminars, lectures, and conferences to instruct and educate the public on industry regulations and other issues concerning financial institutions.