Tax Workout Group Launches Tax Compliance Practice Group

BOCA RATON, Florida—Matthew J. Sherman, a principal of the Tax Workout Group, a leading  Tax Controversy, and Tax Bankruptcy law firm, proudly announces the addition of a new practice area devoted to Tax Compliance. 

Tax Compliance: Helping Businesses Navigate Complex Regulations and Focus on Success

With the constant change in tax laws and accounting standards, staying ahead of tax filing and compliance obligations can be challenging. 

Most businesses often have more than just income tax compliance requirements. Now, more than ever, they also have multiple complex state and international reporting obligations to be concerned about.  We created the Tax Compliance practice group to relieve our clients of this burden and make things simpler!

The Tax Compliance Group is a Tax Accounting firm devoted exclusively to representing law firm clients of the Tax Workout Group in tax compliance and reporting matters. The Tax Compliance Group consists of tax specialists, certified public accountants, and expert tax accountants who operate alongside and have immediate access to the Tax Workout Group team of high caliper tax attorneys from the Department of Justice, Tax Division, United States Attorney’s Office, and the IRS Office of Chief Counsel. As a firm, Tax Workout Group offers support and advice to clients at every stage of the tax compliance and reporting cycle.

The Tax Compliance Group team delivers expert tax compliance, tax reporting, tax accounting, tax consulting, and tax advisory services along with dedicated bookkeeping support.

Types of Tax Compliance Services

• International Tax Compliance Services
• State and Local Tax Compliance Services
• Payroll Tax Compliance Services
• Transfer Pricing Tax Compliance Services
• Tax Penalty Abatement Team
• Business License Advisory Services
• Excise Tax Compliance Services
• Vape Tax Compliance Services

The firm’s Tax Compliance Group provides a wide array of tax reporting services for entity and individual tax clients alike. In addition to extensive tax return reporting and preparation experience, our Tax Compliance Group possesses exceptional skills with all the latest tax preparation software platforms.

Tax Compliance Tax Return Preparation Services typically include the following:

• Individual (Form 1040) and state and local tax returns
• Entity Regular Corporation (Form 1120), Subchapter S Corporation (Form 1120-S), Foreign Corporation (1120-F), and Partnership and Limited Liability Company (Form 1065) tax returns.
• Consolidated Corporate Tax Returns
• State and Local Tax Returns (stand-alone or combined reporting)
• Tax-exempt entities and Private Foundations
• Trust, Estate and Gift Tax Returns
• Foreign Information Returns (Forms 926, 3520,3520-A, 5471 and TD F 90-22.1
• Foreign US Source Income Tax Returns (Form 1040NR, 1042, 8804, 8805) and treaty review counseling and advice

“Our team of tax professionals has a proven track record of delivering effective solutions most cost-effectively,” Sherman says. “By employing tax-efficient methods and structures, we strive to avoid or minimize tax and achieve maximum wealth preservation for our clients. We are always mindful of ways to eliminate risk while keeping clients in compliance.” 

About Tax Workout Group

Tax Workout Group is recognized for excellence, integrity, and its ability to achieve extraordinary results for its clients. Their experienced tax and bankruptcy attorneys have outstanding tax-related credentials and are recognized as leaders in their respective group practice areas, handling all aspects of sophisticated tax controversy, tax bankruptcy,  white-collar criminal tax defense, and now, Tax Compliance matters.

They operate virtually to the greatest extent possible and, as a result, offer access to a wide range of prominent tax and bankruptcy attorneys with the experience, relationships, expertise, and collective resources to deliver high-level client satisfaction through innovative and strategic results. The Internal Revenue Service, as a federal agency, most state tax agencies, and the federal court system are now more standardized and electronically driven than ever before. As a result, they have implemented electronic court and government filing procedures,  digital signature capture processes, and other virtual tools (i.e., video meetings and hearings), which have accelerated the acceptance of its virtual law firm model. This enables them to deliver cost-effective legal representation through greater law firm efficiencies.

The Tax Workout Group makes it easy to get expert tax representation no matter where you live by offering simple access to focused solutions through specialized tax practice groups.

For more information, visit Tax Workout Group.

Contact Information:

Tax Workout Group

150 East Palmetto Park Road, Suite 800,
Boca Raton, FL 33432
United States

Jeffrey Sherman
https://taxworkoutgroup.com/