Financial Statement Tax Provision (ASC 740)

Companies today operate in an increasingly complex tax and regulatory setting that is constantly changing. This environment creates a need for accurate accounting for income taxes which has become increasingly challenging. With increased scrutiny from regulatory agencies and capital markets, many organizations are finding the highly complex and time intensive calculation of the tax provision to be a strain on already limited resources.

Whitley Penn’s team of professionals can tailor our services to your specific needs through a full outsource or collaboration with your internal tax accounting team. This assistance will result in better control over your tax accounting function, more time to focus on strategic aspects of your business, and more timely financial statement closings.