Global Tax Services

The Tax Cuts and Jobs Act (TCJA) of 2017 introduced significant changes to the U.S. tax code, including lower tax rates, increased standard deductions, and modifications to various tax provisions. Key provisions are set to expire at the end of 2025, which may lead to tax changes for individuals and businesses in 2026. If Congress does not act before the end of the year, individual income tax rates will revert to pre-TCJA levels, the standard deduction will be nearly halved, and the child tax credit will be reduced.

Global Tax Services specializes in international tax processing for clients with assets or operations in countries such as India, United Kingdom, Brazil, Canada, and Mexico. They navigate complex foreign tax laws, provide guidance on inherited properties, and ensure compliance with international tax regulations.

If you receive an audit notice from the IRS, Global Tax Services provides expert guidance and representation to help you navigate the audit process. They prepare a comprehensive response, communicate with the IRS on your behalf, and work to resolve any findings to achieve a satisfactory outcome.

Global Tax Services, as an Approved IRS Certifying Acceptance Agency, assists clients in processing Individual Taxpayer Identification Numbers (ITINs). They guide clients through the eligibility assessment, application preparation, submission to the IRS, and follow-up until the ITIN is issued.

Global Tax Services handles a wide range of tax returns, including personal tax filings such as Form 1040, Form 1040NR (Non-Resident), Dual Tax Returns and Cross State Returns, and business tax returns like 1065, 1120S, and 1120. They also provide expertise in solving tax code issues and supporting clients during IRS/FTB audits.

Global Tax Services has served over 2,300 clients, with a track record of saving significant amounts of money on tax returns and audits, including up to $50,000 on a single return and approximately $200,000 on audit resolutions.