US Taxation

US Tax Compliance Services

Navigating the complexities of US tax laws can be overwhelming. At Pointax, we simplify the process with expert guidance tailored to meet your unique requirements. From corporate to individual tax obligations, our comprehensive services cover all major tax compliance areas."

Key Categories of US Tax Compliance

1. Individual Tax Compliance (Form 1040 and Related Filings)

• Explanation:
  U.S. citizens, residents, and certain non-residents are required to file annual income tax returns. Compliance involves accurately reporting income, deductions, and credits to minimize liabilities and avoid penalties.

• How We Help:
  We assist individuals in preparing and filing Form 1040 and associated schedules. Our services include tax planning, ensuring the application of all eligible deductions, and addressing unique scenarios such as expatriate income or investments in foreign entities.

2. Business Tax Compliance

• Explanation:
  Businesses operating in the U.S., including corporations, partnerships, and LLCs, must adhere to complex federal and state tax regulations. Filings such as Form 1120 for corporations or Form 1065 for partnerships require meticulous attention to detail.

• How We Help:
  Our expertise ensures accurate and timely preparation of business tax returns, calculation of estimated taxes, and compliance with both federal and state laws. We also provide guidance on tax-efficient structuring for businesses.

3. Payroll Tax Compliance

• Explanation:
  Employers in the U.S. are obligated to withhold and remit federal income tax, Social Security, and Medicare taxes from employee wages, as well as pay their share of payroll taxes.

• How We Help:
  We handle all aspects of payroll tax compliance, including preparing and filing Form 941 (Quarterly Federal Tax Return), Form W-2, and Form 1099. Our services ensure accurate reporting, timely payments, and adherence to local and federal requirements.

4. Sales and Use Tax Compliance

• Explanation:
  Businesses that sell goods or services in the U.S. may need to collect and remit sales tax. Understanding state-specific regulations is critical as sales tax laws vary widely.

• How We Help:
  We provide end-to-end assistance, including determining nexus, registering with state tax authorities, preparing monthly or quarterly returns, and ensuring compliance with changing laws.

5. International Tax Compliance

• Explanation:
  For U.S. taxpayers with international financial interests, compliance includes reporting foreign bank accounts (FBAR), foreign income, and investments through forms like Form 8938 and Form 5471.

• How We Help:
  We specialize in cross-border tax strategies, assisting with reporting requirements for foreign assets, reducing double taxation, and ensuring compliance with international treaties.

6. Tax Controversy and Resolution

• Explanation:
  Facing an IRS audit, penalties, or disputes requires expert representation and negotiation to resolve issues efficiently.

• How We Help:
  Our team represents clients before the IRS, responds to notices, negotiates installment agreements, and resolves tax disputes effectively.