Tax Provision (ASC 740)


Briggs & Veselka provides full tax provision services to cover the spectrum of client needs, from preparation, review and through regulatory filing. We have a mix of mid-size to large tax provision clients who continuously rely on us for tax provision services. Our tax provision services include:

  • Annual and quarterly tax provision preparation and review
  • Uncertain tax position evaluation and analysis under ASC 740-10
  • ASC 450 (FIN48 and SFAS 5 matters)
  • Financial reporting and disclosure (10-K, MD&A)
  • Accounting for business combinations
  • Deferred income tax calculations and reconciliation
  • Valuation allowance analysis
  • Tax disclosures in the tax footnote of financial statements

Forest Xu

Tax Shareholder, CPA


    Fast Facts

    • Serve a variety of clients from closely held businesses to small cap public entities
    • Professionals with experience including Big 4 accounting firms, industry, and IRS
    • Provide corporate tax services in conjunction with our public and private audit services
    • Briggs & Veselka partners with professionals in other service areas to provide our clients with a powerful advisory team for a holistic approach to planning and compliance