Taxation services

Taxation services refer to professional services provided by tax experts, consultants, or firms to assist individuals, businesses, and organizations with their tax-related needs. These services cover a wide range of activities aimed at ensuring compliance with tax laws, optimizing tax strategies, and minimizing tax liabilities. Here are some key aspects of taxation services provided by Outclass Global:

  • Tax Planning
  •  Tax Compliance
  • Individual Taxation
  • Business Taxation
  • Tax Audits and Disputes
  • Tax Law Updates
  • Tax Credits and Incentives
  • State and Local Taxes

Bookkeeping Services

Bookkeeping is an essential component of tax management for businesses and individuals. We primarily focus on providing strategic tax advice and planning, bookkeeping services play a crucial role in maintaining accurate financial records and ensuring that the necessary data is available for tax compliance and reporting. Our Bookkeeping services are related to taxes:

  • Recording Financial Transactions
  • Categorizing Transactions
  • Data Accuracy
  • Tax Deductions and Credits
  • Sales Tax
  • Quarterly and Year-End Reports
  • Tax Document Preparation

Payroll Management

Payroll management is a critical aspect of tax compliance for businesses that have employees. It involves calculating and processing employee salaries, wages, taxes, and benefits while ensuring adherence to various tax regulations. Proper payroll management helps businesses accurately report and remit payroll-related taxes, which is essential to avoid penalties and maintain good standing with tax authorities. Here’s our services in payroll management:

  • Income Tax Withholding
  • Tax Reporting
  • Unemployment Taxes
  • Record Keeping
  • Tax Updates
  • Tax Compliance
  • Integration with Accounting and Reporting

Audit and Assurance Services

Audit and assurance services are professional services provided by auditors to assess and provide an opinion on the accuracy and reliability of financial information presented by an organization. These services help ensure that financial statements are prepared in accordance with applicable accounting standards and provide stakeholders with confidence in the organization’s financial reporting. Here’s an overview of our audit and assurance services:

  • Financial Statement Audit
  •  Internal Audit:
  • Compliance Audit:
  • Forensic Audit
  • Assurance Engagements
  • Review Engagement

Withholding Tax Services

Withholding tax services involve managing the process of withholding and remitting taxes from certain types of payments to ensure compliance with tax laws. These services are typically provided by tax experts, consultants, or accounting firms and are crucial for both businesses and individuals who make payments subject to withholding tax. Here’s an overview of withholding tax services:

  • Understanding Withholding Tax
  • Determining Withholding Rates
  • Calculation and Withholding
  • Legal Compliance
  • Documentation
  • Reporting and Remittance
  • Exemptions and Reductions
  • Tax Treaties
  • Filing Requirements
  • Refund Claims