Business Tax

Our Business Tax Services Team is dedicated to providing companies with the highest quality corporate tax preparation, planning, and consulting services and to helping reduce business tax liability.

Holistic Business Tax Preparation Services

For over 40 years, our business tax advisors have been providing business tax consulting and preparation services to companies both large and small. As a nationally recognized Top 25 tax services firm, we have ample experience with business tax planning, preparation, and compliance issues. Our tax specialists have a comprehensive understanding of international, federal, state and local tax regulations – and as an independent member of HLB, a Global Advisory and Accounting Networking, we can assist in developing cost-effective business tax strategies for organizations around the globe.

As part of our Business Tax Services, we put together a custom corporate tax planning strategy and address any related tax issues prior to year-end. We’ll also review the most recent tax law changes and interpretations in order to maximize tax savings opportunities and reduce tax liability. With an effective business tax preparation plan, companies have greater assurance of:

  • Realizing substantial cost savings
  • Limiting future interest and penalty payments
  • Achieving desired tax results
  • Reducing the likelihood of an IRS audit

Our Suite of Business Tax Services

The Withum business tax advisors are well-versed in the full spectrum of business tax services and strategies. For more than 40 years, our team of business tax consultants have helped for-profit and nonprofit organizations with all their tax needs.

With partnerships offering the most flexibility out of any tax structure and S corporations having the most strict rules, knowledge and experience are key to businesses that operate in these structures. Our team of seasoned experts can help your business navigate the pass-through tax waters and put you in a position to succeed.

Learn More

Qualified Small Business Stock (QSBS) is one of the most advantageous provisions in the tax code. It refers to stock issued by a qualified small business that meets specific criteria outlined in section 1202 of the Internal Revenue Code. Investors who hold QSBS for more than 5 years may be able to exclude from gross income up from 100% of any capital gain realized on the sale of QSBS.

More on QSBS

We offer a wide variety of business year-end tax planning services to help organizations stay compliant and take advantage of the latest money-saving opportunities. We’ve also created a Year-End Tax Planning Resource Center that acts as an on-demand one-stop-shop for corporate tax preparation tips..

Tax Planning Resources

Businesses that operate internationally faces the unique challenge of having the stay compliant with multiple countries’ tax rules and regulations. Our international tax advisors work with organizations to maintain tax transparency, remediate cross-border tax disputes, minimize the risk of double-taxation and achieve maximum savings through international tax incentives.

Learn More

For organizations facing corporate tax controversy issues, our tax consultants are well-equipped to handle various issue resolutions, dispute avoidance, and more. We’ll put together a plan that describes the particular controversy, outlines a custom resolution, and establishes measures to prevent the issues from reoccurring.

Learn More

The constantly evolving nature of national and international tax laws – and the increased scrutiny surrounding them – can make corporate income tax accounting complicated. Our tax accounting services cover stock-based compensation, tax validation projects, valuation assessments, statement and balance sheet support, tax position consulting, and more. They also include ASC 740 consulting, preparation, remediation, internal controls assistance, transaction services, provision assistance, and training.

Depending on the organization, tax reform laws can cause unforeseen complications, or provide promising opportunities. Withum’s business tax advisors help businesses navigate the changing waters of U.S. tax reform. Our business tax services include the creation of corporate tax planning strategies built upon the insights gained from analysis and modeling tools. We work with organizations to predict and analyze tax reform impacts and outline the options that make sense for them. For more information, check out our Tax Reform Resource Center.

Learn More
Image of a hand with paper, pencil and calculator doing taxes

Why Withum

For more than 40 years, our team of business tax consultants have helped for-profit and nonprofit organizations with all their tax needs. Our holistic approach goes beyond simple tax preparation and includes everything from tax controversy to compliance.

employee classification

How Would the IRS Classify Your Workers?

By answering a series of questions through Withum’s employee classification questionnaire, companies can gain insights into how the IRS would classify their workers, avoiding costly employment tax disputes.

View Questionnaire

Connect with our Leaders

Steve-Talkowsky_Web
Partner, Managing Director, National Tax Services
Red Bank, NJ
Zsia-Rosmarin_Web
Partner, Team Leader, Technology and Emerging Growth – Tax
Whippany, NJ
Dave-Poillucci_Web
Partner, Team Leader, Industrial and Consumer Products – Tax
Whippany, NJ
dan mayo headshot
Partner, Lead, National Tax Services
Red Bank, NJ
Brian-Lovett_Web
Partner, Team Leader, Real Estate – Strategic Tax Planning
East Brunswick, NJ
Lynn-Mucenski-Keck_Web
Partner, Lead, Federal Tax Policy
New York, NY

Business Tax Insights

Read more
bitcoin mining, trading chart, cryptocurrency illustration
New Crypto Disclosure Bill May Provide Relief for Taxpayers

A proposed federal bill could create a new pathway for taxpayers to address past digital asset reporting issues. Cryptocurrency taxation has been a source of confusion for investors since digital assets became mainstream. Many taxpayers have struggled with reporting requirements, particularly when dealing with activities such as trading, staking, airdrops and transfers across multiple platforms….

Read more
Balance Scales Weighing Digital Data Charts, Representing Analysis and Comparison
Basket Swaps After SIH Partners Case

What Is a Basket Swap? For years, many fund managers and tax advisers viewed the 70/30 basket swap, a derivative that references a basket of securities rather than a single position, as a reliable way to manage investment risk while preserving the intended tax treatment of the underlying positions. The premise was straightforward: if a…

Read more
research and development team
IRS Clarifies Coordination of Section 174 Method Changes and Accelerated Recovery Elections

The IRS recently issued Revenue Procedure 2026-32, providing welcome clarification for taxpayers that improperly deducted domestic research and experimental (R&E) expenditures in tax years 2022 through 2024 and are now seeking to align with the capitalization requirements enacted under the Tax Cuts and Jobs Act. The guidance confirms that taxpayers may, in the same 2025…

Contact Us

For more information or to discuss your business needs, please connect with a member of our team.