Your tax accounting decisions directly impact your cash flow, your tax liability and your reporting obligations.
KPMG’s Tax Accounting Services team can help you evaluate your overall tax position, identify tax deductions or income deferrals, and recommend the appropriate accounting methods for your organization.
Our services address the procedural and the technical aspects of:
- Income recognition
- Expense recognition
- Cost recovery of capitalized items
- Inventory accounting
- Mergers & acquisitions
- Earnings & profits
We also provide services related to permanent deductions, including:
- Section 199 (Domestic Production Activities Deduction)
- Meals & entertainment
- Lobbying expenses
- Medical device excise tax
