Compliance

The recent trend of decreasing income tax rates has prompted cash-strapped governments to implement a plethora of new taxes, levies, charges or contributions in order to replace the lost income tax revenues.  As a result, complying with these laws requires much more effort, time and knowledge, and the risks related to non-compliance have increased significantly.  In many cases, the penalties for non-compliance can be severe. At Nexia Friedman, all tax returns, forms and documents are reviewed by highly qualified professionals to ensure that all relevant laws and regulations are complied with and that these penalties are avoided.