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
Importers Beware: The Uyghur Forced Labor Prevention Act Has Become Law
January 04, 2022
On December 23, 2021, President Biden signed the Uyghur Forced Labor Prevention Act into law. The...
Strategic Tax Planning
IRS Temporarily Reduces Cash Requirement for Elective Cash-or-Stock Distributions
December 08, 2021
On November 30, 2021, the IRS issued Rev. Proc. 2021-53, which temporarily reduces from 20% to 10...
Strategic Tax Planning
Relief For Employers Who Took Employee Retention Credit For Fourth Quarter 2021 Wages
December 07, 2021
The IRS on December 6 issued guidance that provides penalty relief for some employers who took...
Strategic Tax Planning
Empowering Government Contractors through Employee Ownership: Revisiting ESOP Benefit
October 27, 2021
Employee Stock Ownership Plans (ESOPs) are the most common and successful employee ownership...
Strategic Tax Planning
Building Your Tax Department Bench Strength: Benefits of Tax Co-sourcing
October 11, 2021
?Organizations are faced with the challenge to increase operational efficiency while reducing...
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Events, Webinars & Social

Webinar
November 09, 2020
Get insights for businesses regarding important year-end tax planning strategies relevant to...
Webinar
November 09, 2020
The tax convergence will have a lasting impact on private equity. This webinar covers the...
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...

2021 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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