Too much to do and Too little time

According to the AICPA, the top three challenges that tax and accounting professionals face when completing the tax provision are:

1. Data - gathering the right data from the right system efficiently and quickly.
   
2. Timing - tax departments are increasingly facing one-week or less close cycles; and
   
3. Resources - preparing the provision is labor intensive, and you need to have the right resources focus on the critical issues.
   

Getting the tax provision done correctly involves having the right resources analyze the right data in a very short amount of time. We can provide the resources you need at any point in the tax provision lifecycle:

• Developing the overall tax provision process
  
• Reviewing your existing tax provision process or workpapers, e.g., tax basis balance sheets
  
• Assisting you with tax provision process transformation
  
• Implementing tax provision tools (third party or internal)
  
• Providing loan staff when necessary
  

U.S. GAAP Tax Provision Assistance

iTAX GLOBAL