Business Tax

We view tax planning from a forward-looking perspective. 

How can we help you minimize your exposure and protect your assets? What strategies will enable you to grow your business and reach your goals?  What are the better, smarter solutions? 

At DGC, we’re more than a tax consultant. We provide deep, practical expertise, driving curiosity, and a true collaboration focused on your real needs. 

Federal Tax Planning

Your business is your life. And you want to use what you earn to keep that business growing and prospering. At DGC, our goal is to help you do just that.

We provide you with a unique perspective, shoulder-to-shoulder collaboration, and a deep expertise in business tax planning and compliance. We partner closely with you to get to know your goals and objectives and develop creative ideas and comprehensive strategies to meet them. 

Our team is constantly on the search for new and smarter solutions, because professional curiosity is embedded deep in our DNA. So as the federal tax code changes or your business needs evolve, we maintain and adjust this plan through continuous communication.

Services include:

  • Merger & Acquisitions including Tax Structuring and Planning
  • Ownership transitions
  • Tax minimization strategies including tax incentives and credits
  • Estate planning in connection with family owned businesses
  • Corporate Income Tax Provision Services
  • General entity and individual level tax planning
  • Entity and individual tax compliance services
  • Audit Representation

State & Local Tax (SALT)

The complexity and rapidly changing nature of state and local taxes can be challenging for any business. With more than 80,000 state and local tax jurisdictions nationwide, this situation is exponentially magnified for companies that do business across multiple states and municipalities.  

At DGC, we view SALT planning from a forward-looking perspective. How can we help you minimize your exposure and protect your assets? What are the better, smarter solutions? What strategies will enable you to grow your business and reach your goals? Because we’re more than a tax consultant, we provide deep, practical expertise, driving curiosity, and a true shoulder-to-shoulder collaboration focused on your real needs.  

Services include:

  • Tax minimization strategies for income and sales taxes
  • State and local tax credit planning
  • State Nexus Studies 
  • Voluntary Disclosure Agreements
  • Tax compliance services
  • Audit Representation

Tax Provision

For many public and privately held companies, computing the tax provision on a quarterly and annual basis is labor-intensive. The computations of tax accruals are complex, and disclosures can be onerous. Without the proper skillset, the process can be overwhelming and can have an adverse effect on your financial statements. 

At DGC, we work closely with you to develop a comprehensive approach to determining your company’s tax provision. We offer an expert perspective, sound solutions, and creative ideas to help you meet your obligations. 

 

Some of the services we typically provide include:

  • Valuation allowance assessment and analysis
  • Assessment of the impact of tax law changes
  • Tax accounting for business combinations
  • Interim reporting
  • Intra-period allocations
  • Assessment of discrete tax items
  • Review of internally prepared tax provision to meet Sarbanes-Oxley requirements

Research & Development Tax Credits

The Research & Development tax credit can be an important tool for maximizing the value of companies in a variety of industries, including high technology, software, manufacturing and service firms.

DGC’s experienced team can help you determine if your business is qualified to take advantage of this tax break. If so, we can conduct a feasibility study to estimate the maximum value you can expect to gain, and help you determine whether the cost/benefit is advantageous for you to do so.

Cost Segregation Studies

Cost segregation can be a useful tool in helping commercial real estate owners to reduce current income tax obligations, as well as free up capital for investments or operating expenses. Our experienced professionals know the right questions to ask to help you take advantage of any potential tax savings. Have you properly classified indirect construction costs and exterior land improvements?  Are you taking advantage of all opportunities to shorten depreciation times?

By providing a present value estimate, our tax experts can help you identify ways to reclassify personal property assets and minimize your current tax burden, while improving cash flow. This can be particularly beneficial for a wide range of property owners, including:

  • Retail, office, and residential buildings
  • Distribution centers and warehouses
  • Healthcare and nursing home facilities
  • Hotels, marinas, and resorts
  • Industrial, manufacturing, and processing facilities

International Tax

Operating across borders brings opportunities as well as challenges. There are a range of sophisticated tax issues related to compensation, business activities, and investments. At DGC, we provide you with the long-range perspective, shoulder-to-shoulder collaboration, and deep expertise in international tax planning and compliance.  

We partner closely with clients to develop creative ideas and customized strategies minimize taxes and maximize profits. In addition to our comprehensive knowledge in this area, we also have access to a global network of technical expertise and best practices through our affiliation with Moore Stephens International Limited.

Our Specialties:

  • Matters related to payments of U.S. source income to foreign persons
  • Optimization of structures for foreign investment and business operations in the U.S.
  • Optimization of structures for U.S. investment and business operations outside of the U.S.
  • Structuring for cross-border acquisitions, sales and other exchanges
  • Structuring for acquisition, operation, and disposition of U.S. real estate
  • Controlled foreign corporation issues
  • Interest Charge Domestic International Sales Corporations (IC-DISCs)
  • Passive Foreign Investment Company issues (PFICs)

Perspectives

Proposed Tax Legislation – Tax Cuts and Jobs Act
Proposed Tax Legislation – Tax Cuts and Jobs Act 11/03/2017

On November 2nd, the House Republicans released their proposed tax legislation. The proposal contains several changes to the tax code for individuals, businesses, and other organizations. Read more

Trump Tax Reform Proposed Updates
Trump Tax Reform Proposed Updates 09/29/2017

On September 27th, President Donald Trump released the “Unified Framework for Fixing our Broken Tax Code.” The plan is very similar to the list of changes that were released back in April. Read more

Trump Tax Reform Plan
Trump Tax Reform Plan 05/04/2017

During a press briefing on April 26, 2017 the White House released the basic outline for the Trump Administration tax reform plan... Read more

What Our Clients Say About Us

DGC has that rare combination of both technical and interpersonal skills. Client service is key, and at DGC they understand the impact of excellence in delivery. They are able to take the technical information, think strategically, and articulate it in a non-technical way. They are highly responsive and helpful. When I ask a question they respond with substance and value.

John Gordan Partner & CFO Putnam Associates

The speed in which the financial statements were produced and the tight time frame which DGC completed the audit was refreshing. DGC had a comprehensive understanding of our business which minimized my need to respond to questions. The approach was collaborative and flexible.

Richard G. Barletta SVP, Finance and Administration InnoCentive, Inc.

The reporting and analysis that was done for our valuation exercise was thorough and very intelligently presented. We were given all the necessary information including various options, so we could make an intelligent decision. We were brought into the decision making process—it wasn’t treated like a “black box." The team at DGC was direct, smart and a pleasure to work with.

Stuart B. Brown, Ph.D. Managing Principal Veryst Engineering, LLC