Compliance and Tax

More often than not, the tax filing and income tax returns season is quite nerve-racking for both individual taxpayers as well as businesses. FACPL offers bespoke tax preparation services for both small and large businesses. We stringently follow the best preparation process that suits your business, allowing you to benefit from better refunds and smaller tax liabilities.

We offer a wide array of tax reporting services (including VAT) for corporate and non-corporate clients. We have extensive experience in tax return preparation and are skilled with various tax preparation software systems. Our team goes through regular training to stay current on tax issues affecting the clients. Our tax and compliance services include preparation and assistance in relation to:

  • + Individual (Form 1040) and state and local tax returns.
  • + Form 1120 (regular corporation),
  • + Form 1120F (foreign corporation ),
  • + Form 1120S (S corporation),
  • + Form 1065 (partnership and LLCs).
  • + Preparation of consolidated corporate tax returns.
  • + Foreign information forms including Forms 926, 3520, 3520-A, 5471, 5472 and TD F 90-22.1.
  • + Foreign persons’ U.S. source income including Forms 1040NR, 1042, 8804, 8805 and treaty positions.
  • + VAT and Sales Tax return services

Software that we use (select few):

Ultratax Sage
Lacerte Viztopia
ProSeries Pro Fit
Quickbooks Gosystem, among others

We can also quickly adapt ourselves to any software that you might already be using. We can work on any VAT return software that you suggest.