Tax Provision

For growing companies, provisioning for income taxes is often very challenging because the finance team must work with disparate data sources and tight deadlines. At Armanino, we know that completing your company's income tax provision accurately means taking your provision work beyond the spreadsheet. That is why we offer a proprietary approach to take the time-consuming, error-prone aspects of Excel out of your tax provision process. Our income tax provision services combine our tax professionals' expertise with today's leading tax provision automation software.

In effect, you get the sophisticated tools and deep provision knowledge typically found only in the tax departments of larger, more established companies — at no additional cost to you. This eliminates the need to have these resources in-house.

Additional benefits include: 

• Reduced risk and faster, automated calculations with centralized data
• Significant reduction in the time needed to run and rerun the income tax provision model
• More time allocated to strategic business planning, less time allocated to income tax provision/preparation
• Clear, actionable insight on what’s driving effective tax rate (ETR)
• Year-round expert advice incorporated into "what if" scenarios and planning
• Tailored reporting for each audience (e.g., management, auditors and investors)
• Access to organizational charts detailing legal entities and global structure
• Financial statement disclosures with data from ERP/Excel
• Ability to complete complex income tax provision calculations using data from multiple systems

Our primary objective is the timely creation of high-quality, user-friendly provision documentation that provides a streamlined review by both company personnel and external auditors.