A holistic approach to tax strategy.

Given the complexities of domestic and global tax regimes, seemingly small changes in strategic approach can have far-reaching consequences to a company or individual’s various tax liabilities.

Total tax liability is both a calculation and a concept: it is the sum amount of all taxes owed at a given point in time, while factoring in credits, incentives and deductions at the international, federal, state and local levels. At the same time, it is a shift in mindset that is enabled by transformation.

As tax dynamics continue to grow in complexity and the digital economy increases transparency, the strategic role of the tax executive becomes more apparent.  Examining total tax liability and modeling the various business impacts is a necessity for companies and individuals to survive and thrive during periods of intense change.

Featured Insights

Strategic Tax Planning
June 19, 2020
Using an Employee Stock Ownership Plan (ESOP), businesses can incentivize the next generation of...
Strategic Tax Planning
April 29, 2020
The CARES Act includes changes to the tax treatment of business net operating losses (NOLs) for...
Strategic Tax Planning
April 02, 2020
The novel coronavirus that causes the disease COVID-19 has become a global issue. Since the virus...
Strategic Tax Planning
April 01, 2020
With the signing of the Coronavirus Aid, Relief, and Economic Security (CARES) Act by President...
Strategic Tax Planning
March 05, 2020
Strong governance establishes a process for decision-making and conformity within a multi...
See all Featured Insights

Events, Webinars & Social

Webinar
March 30, 2020
The CARES Act is intended to provide relief and recovery to businesses and individuals.
Blog Post
March 05, 2019
Lack of clarity around the tax treatment of Qualified Improvement Property (QIP) under the Tax...
Blog Post
January 17, 2019
Do you know all the ways the Supreme Court’s decision in South Dakota v. Wayfair could impact...
Blog Post
November 29, 2018
As the year comes to a close, restaurants can optimize their year-end tax planning with these ten...
Webinar
December 06, 2018
BDO professionals will provide advice for businesses regarding important year-end tax planning...

2020 Tax Outlook Survey

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Contacts

Matthew Becker
Matthew Becker National Managing Partner of Tax 616-802-3413
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Importance of Total Tax Liability and Global Planning

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Tax Transformation Guide


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Events

September 29, 2020
Tax departments are generally the largest consumers of data. During this event, we will walk through the leading practices in order to optimize tax data and achieve automation within the tax function.
October 28, 2020
As businesses shift their focus from immediate crisis response to planning for recovery and beyond, new challenges and opportunities continue to arise for companies of all sizes and industries. Join our team of experienced and knowledgeable tax professionals for a comprehensive update on tax changes and developments and plan for how changes to the tax code may impact your business.