When it’s time to complete your business’s tax return, it’s tempting to just get it out of the way and move on to other things. It’s always a time consuming task and, for most people, not a fun one! But actually this is the perfect time to stop and take stock of where your business is going. You should be analyzing the numbers, doing your business planning and looking for potential risks and issues that could trip you up in the coming year. For this reason, engaging a once-a-year business tax expert who doesn’t really know your or your business is selling your business short. Instead, Vault can give you a team that will work directly with you on tax planning and business planning in the short and longer term. We give advice, not just numbers.
How We Help
You don’t just want a company tax expert who drops by once a year to do your tax return and provide your financial statements. You want someone who will become part of your team, who is invested in your success and wants to help you grow.
With Vault, that’s what you get – a team of experts in state and federal tax laws that will:
- guide you through the maze that is tax compliance obligations
- advise you on regulatory changes and trends, and how they could affect you
- find ways to reduce your tax burden
- manage potential risks and help you achieve your goals over the longer term.
Early Completion Of Your Return
Something we’re known for at Vault is working with business clients to complete their tax returns as early as possible. This ensures your financial data is prepared and available if you need to apply for government grants, loans or business advances. This head start also gives us the tools and time to help you analyze and plan your business goals for the year and longer.
A major part of tax consulting is a focus on the future – not the past. The more tax planning your business does, the more likely that you’ll get where you want to go. We start our tax compliance program early in the financial year. Our talented bookkeeping team works with you to complete your tax planning well before the end of the lodgment cycle. This will give you all the financial tools you need to improve your business and achieve your business outcomes. We can help you fully understand your tax outcomes, and then do a cash flow plan to make sure there are no surprises. We will also examine not just the current year, but the future of your business as well. Our team can even help you with business exit and succession plans. Tax returns and financial statements are only one part of the corporate tax picture. Our Vault team will provide a full service that will help you develop the right strategy for your business and plan out where you want to take it.
Contact us to find out how we can bring the big picture to your corporate tax obligations.