Tax Services
Accounting for Income Tax (ASC 740)
The complexities around Accounting for Income Tax continue to be a challenge for companies reporting on a GAAP basis. At Hancock Askew, our specialized team is dedicated to helping your business comply with the accounting for income tax provisions under ASC 740 and ensuring accurate financial reporting.
Our team of tax professionals has extensive experience and deep expertise in ASC 740. We stay up-to-date with the latest pronouncements and industry best practices to provide you with accurate and relevant advice tailored to your business needs.
Our Accounting for Income Tax (ASC 740) Services
- Preparation of your Income Tax Provision
- Uncertain Tax Positions (UTP) Analysis
- Deferred Tax Asset and Liability Analysis
- Interim and Annual Reporting
- Tax Account Reconciliation
- Accounting for Income Tax Implications of Business Combinations & Restructuring
- Financial Statement Audit Support
- Training and Advisory to Internal Teams
- Review of Internal Controls over Accounting for Income Tax
