At the cornerstone of our tax and consulting services is proper planning, with a clear vision of our client's short term and long term goals. The commitment within BNKJ’s tax group only starts with traditional tax compliance with such specialized services as trusts, pensions and profit-sharing plans and estates.
Our multi-state tax professionals can help you analyze the cost of operating in different states and overseas. BNKJ’s guiding concept is to focus on planning throughout the year, combining our legal and business backgrounds and staying closely tuned to legislation that affects you and your business.
In a global economy, it is critical to always take a global view. BNKJ specializes in the area of US taxation of foreign individuals investing and doing business in the states. BNKJ’s international tax experts will look for your greatest tax advantage in connection with in-bound and out-bound investments, foreign tax credit planning, transfer price analysis, or selection of the right type of business structure to minimize foreign and US taxes. We have several foreign alliances that that ensures we are exceeding the needs of our foreign investor clients and our business owners who operate internationally.
SPECIAL TAX PROJECTS
BNKJ works with many clients on specific projects geared toward maximizing profitability and improving operations and efficiencies. We also look at computations related to tax reporting and try to find the best ways to ensure we are compliant but also taking advantage of all tax incentives and options. For example, unlike income taxes which are computed on net profit after expenses, sales taxes are computed on gross taxable sales. Use tax is generally computed on the purchase price of consumer goods. Consequently, sales and use tax audit liabilities can dramatically exceed income tax liabilities. In addition, the complexity and inconsistency of the rules, regulations, and tax laws throughout the country can create a virtual minefield for the unwary. BNKJ professionals will consider the size, industry, location, internal operations and procedures, structure and many other aspects of your company, and will work with you to ensure that you are in compliance while minimizing your tax burdens and maximizing your profits.