Our Services
Pope, Shamsie & Dooley’s full range of value-added services provides you with a comprehensive approach to address your tax needs. By partnering with us, you have access to a highly experienced team that can take you through the entire tax lifecycle, from planning and reporting to evaluating business decisions with important tax implications.
SEC Client Consulting
Today’s business and tax environment is increasingly complex. Coupled with regulatory requirements focused upon risk management and transparency, corporate tax departments are increasingly in need of highly experienced professionals who are capable of assessing tax risks and opportunities across large, multinational organizations.
To help companies respond to these demands, the professionals at Pope, Shamsie & Dooley provide extensive experience in the following areas:
Tax Accounting
Providing quarterly and annual ASC 740 tax provision calculations, including tax balance sheet validation, monitoring and implementation of new accounting standards under IFRS or GAAP, and tax provision audit process management via interaction with company’s third party auditors throughout the entire audit process.
Tax Function Performance
Maximizing world-wide effective tax rate efficiency via functional analysis of company operations, assisting company tax departments with developing tax efficient organizational and transactional designs, as well as identifying federal, state, and international incentives that drive effective tax rate savings.
Tax Risk
Identifying tax risks, determination of FIN 48 implications of such risks, development of controls to capture and monitor tax risks, and developing strategies for the remediation of tax risk issues.
Business Income Tax Compliance
Pope, Shamsie & Dooley employs a holistic approach to tax compliance and advisory services. Our initial and primary focus involves obtaining an understanding of our clients’ businesses via a thorough functional review.
Based upon that functional review, our tax professionals draw upon a diverse industry and technical experience to assist our clients with managing their federal, state, and international tax compliance requirements.
Our approach to client service does not end with merely identifying and managing regulatory compliance. Based upon the company functional analysis, and our industry and technical expertise, PSD seeks to assist our clients with implementing the most tax-efficient transactional and organizational structures, driving overall effective tax rate management.
Specific areas of expertise include:
- Accounting method efficiency
- Research & development credit studies
- Transaction cost analysis
- Foreign tax credit maximization and planning
- Section 382 analysis and tax attribute maximization
Multi-state Tax Consulting
State and local taxes can significantly impact a company’s overall effective tax rate and cash flow. In addition, sales & use tax poses real liability risk for companies that have a legal requirement to collect tax, but fail to do so.
Our approach to state tax compliance is a holistic one. PSD professionals draw upon extensive industry and technical experience, coupled with a detailed company functional analysis, to assist our clients with determining state income tax and sales & use tax nexus and filing requirements.
Specifically, our professionals utilize their expertise to assist clients with the following:
- State income tax and sales & use tax nexus determinations
- Sales tax taxability analysis for specified sales transactions
- Entity structuring for overall state tax rate efficiency
- State apportionment and sourcing optimization
M&A Strategic Transactions
Every transaction has tax implications, whether it’s an acquisition, disposal, refinancing, equity and debt restructuring, or initial public offering. Understanding the transaction and planning for the tax implications can minimize transaction risk and enhance opportunities that can lead to deal-related negotiation insights.
PSD professionals specifically assist their clients with the following transaction-related tax issues:
- Deal structure and design for tax efficiency
- State income and sales & use tax nexus reviews and exposure analysis
- International PE reviews and exposure analysis
- Section 382 analysis and tax attribute maximization
- Transaction cost analysis
- Stock option compensation planning
- Section 280G golden parachute risk analysis
Tax Controversy & Defense
In addition to assisting clients with proper structuring and planning, PSD stands ready to defend its clients' tax positions in federal and state income tax audits, as well as state sales tax audits. PSD professionals have experience with representing clients in income tax audits, including Joint Committee Review audits.
PSD also represents its clients in the following areas of controversy:
- R&D Credit Study defense
- Fully outsourced federal income tax audits
- Fully outsourced state income tax audits
- Fully outsourced state sales & use tax audits