Banking organizations need to take full advantage of tax regulations to minimize income taxes and maximize income for the corporation and its shareholders. Proper planning is often the key to accomplishing this objective. Baker Tilly’s tax professionals are well versed in the issues affecting your organization and its shareholders. We have developed tax checklists and work programs specifically for financial institutions to help expedite and ensure maximum results for our clients.

Your individual organization’s goals are the guidelines for our tax planning assistance. We work toward making your tax planning objectives feasible by implementing tax-saving strategies in areas including:

• Accounting for income taxes
• Accounting for uncertainty in income taxes
• Acquisitions, divestitures, and structuring new businesses
• Cost segregation, and repairs and maintenance studies
• Executive financial planning
• Fixed asset / depreciation calculations and planning
• Like-kind exchanges
• Litigation support / expert witness
• Real and personal property tax issues
• Recapitalizations and reorganizations
• Representation of tax matters with tax authorities
• Research and development credit studies
• Sales and use tax consulting
• State and local tax (SALT) planning
• Sub Chapter S compliance and planning
• Tax credits and incentives
• Tax information reporting compliance and consulting
• Tax planning
• Tax return preparation and review
• Unclaimed property

Contact our financial services industry team >