Transforming the tax function to make smarter decisions faster.
The demands on corporate tax departments have become increasingly challenging to manage. Complexities in accounting for income taxes are compounded by ever-increasing regulatory reporting requirements, data and communication challenges, and pressure to minimize variances between tax planning, provision, and the final tax filings with taxing authorities globally. Furthermore, there is increased demand for improved speed and greater transparency into total tax liability across the enterprise by leveraging existing and emerging technologies to accelerate data-driven insights and mitigate risk.
Loftis CPA’s Tax Performance Engineering team works with companies to design and document optimized processes, extract, transform and load source data, automate tax calculations, and implement or enhance the use of technology to streamline tax reporting. Loftis CPA offers a flexible approach to service delivery, allowing your team to focus on other value enhancing activities. Our team has extensive tax technical and process-driven backgrounds allowing us to utilize real-world credentials and experiences in collaborating with clients to provide practical solutions used by leading companies in your industry and throughout the world. Our services include:
- Process Assessment & Design
- Data Assessment & Tax Data Solutions
- Tax Technology Selection, Implementation & Optimization
- Workflow & Documentation
- Training & Assistance