Income Tax Accounting

Keep up with the ever-changing rules governing financial accounting and income tax reporting

Strengthen your income tax accounting function

As accounting standards and income tax laws modernize, companies face intense scrutiny from regulators, investors and their boards over their financial statements and income tax accounting policies and procedures.  

Whether they report under US GAAP (i.e., ASC 740) or IFRS (i.e., IAS 12), companies must have a clear understanding of complex tax and accounting rules to accurately account for and disclose the income tax consequences of their operations.  

Failing to comply with shifting policies can result in a restatement or report of a material weakness, which is not only costly, but could also damage the credibility of your business. We can help strengthen your internal controls, interpret changes to accounting standards and regulations, and guide your team to mitigate risks and save costs. Our team has a deep understanding of the evolving and challenging tax laws and accounting rules gained through years of experience leading income tax functions at large corporate organizations and accounting firms.  

Strained tax departments are able to maximize limited resources by leveraging BDO’s team to provide effective income tax accounting options, as well as technical tax and financial reporting knowledge. Our support enables businesses to develop a stronger income tax accounting function and ultimately, reducing their total tax liability. 

How BDO Can Help


Strengthen ASC 740 Processes and Reduce Tax Risk

Discover how our ASC 740 and Tax Risk Services practices work together to help you deliver accurate provision calculations and reduce risk.

Case Study

Income Tax Accounting Insights

Explore our most recent resources and thought leadership.

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  • Private Equity
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  • Restaurants
  • Retail & Consumer Products
  • Technology

Stay current with our latest income tax accounting insights.

BDO's Total Tax Approach

Combining our deep technical knowledge and global reach with emerging technologies, we work collaboratively to address your tax reporting obligations, transform your tax operations, and identify opportunities across your total tax footprint.

Meet our Income Tax Accounting Leader

  • Professional Headshot of Michael Williams

    Michael Williams

    Income Tax Provision Services (ASC 740) Principal & National Practice Leader; Global Income Tax Accounting Center of Excellence Chair

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