Federal Tax Compliance and Research
Titus has been engaged by mid-size companies and Fortune 500 companies in manufacturing, retail, energy/utility, real estate, media, financial services and pharmaceutical industries to work on federal tax compliance and research. Titus tax professionals have prepared/reviewed separate company and complex consolidated corporate returns and partnership returns using CORPTax, VantageTax (AACTS), GoSystem, InSource, Tax Dimensions and ProSystemfx and performed research using CCH, RIA, BNA and other web-based research tools. Projects also included complex M-1 calculations (263A, depreciation), credit calculations (R&D credit), accrual reviews, preparation of election statements, preparation of miscellaneous tax forms (3115 method change for LIFO), loss carryback schedules, estimated payments and extensions.

State Income/Franchise Tax Compliance and Research
Titus has been engaged by mid-size companies and Fortune 500 companies in manufacturing, retail, energy/utility, real estate, media, financial services and pharmaceutical industries to work on state income/franchise tax compliance and research. Titus tax professionals have prepared/reviewed separate company and complex consolidated, combined and unitary corporate returns and partnership returns using CORPTax, VantageTax (AACTS), GoSystem, InSource, Tax Dimensions and ProSystemfx and performed research using CCH, RIA, BNA and other web-based research tools. Projects also included apportionment calculations, accrual reviews, research on state law changes, estimated payments and extensions.

International Tax Compliance and Research
Titus has been engaged by mid-size companies and Fortune 500 companies in manufacturing, retail, energy/utility, real estate, media, financial services and pharmaceutical industries to work on international tax compliance and research. Titus tax professionals have prepared/reviewed 5471s and 5472s using CORPInternational, VantageTax (AACTS), GoSystem and InSource and performed research using CCH, RIA, BNA and other web-based research tools. Other returns prepared/reviewed include Canadian tax returns and 1120F returns.

Sales/Use Tax & Property Tax Compliance & Research
Titus has been engaged by mid-size companies and Fortune 500 companies to work on sales/use tax and property tax compliance and research. Titus tax professionals have prepared/reviewed returns using Vertex, CORPSales and InSource as well as manual/spreadsheet calculations, exemption certificate projects, accrual reviews, answered customer questions and performed research (nexus, taxability of items, capital appropriation requests, etc.) using CCH, RIA, BNA and other web-based research tools.

Payroll Tax Compliance and Research
Titus has been engaged by several mid-size companies (who do their payroll in-house) to prepare federal and state payroll/unemployment tax returns, perform research and reconcile differences in tax collected vs. remitted.

Tax Provision
Titus has been engaged by Fortune 500 companies to assist with their tax provision. Titus tax professionals have prepared/reviewed federal and state tax provision calculations. One engagement required tax provision calculations for 200 subsidiaries to be completed in a one-month time frame (several Titus professionals worked 70-hour weeks to finish the project on time).

Tax Accounting/FAS 109
Titus has been engaged by Fortune 500 companies to assist with tax accounting/FAS 109. Titus tax professionals have reconciled tax accounting/FAS 109 calculations covering 5 years of historical information and performed current year tax accounting/FAS 109 calculations including push down entries to subsidiaries.

IRS Audit Assistance
Titus was engaged by a $70 billion, publicly traded company to assist with their federal audit. Titus provided a tax professional to gather information and help process the IDRs (this company expects to receive over 2,000 IDRs over a three year period). Titus has provided tax professionals to other companies to answer IDRs and prepare audit rollforward schedules.

State and Local Audit Assistance
Titus has been engaged by Fortune 500 companies to assist with state and local audits. Titus tax professionals have gathered information and prepared schedules to provide to state auditors.

Foreign Audit Assistance
Titus was engaged by a $10 billion, publicly traded company to assist with foreign audits. Titus provided a tax professional to gather information, help document a position taken for an Australian audit and review an Italian audit refund claim.

State Amended Returns
Titus has been engaged by Fortune 500 companies to assist with state amended returns. Titus tax professionals have prepared/reviewed state amended returns due to federal RAR adjustments (separate company and complex consolidated, combined and unitary corporate returns and partnership returns) using the original tax software, manual entry on tax forms and/or creation of spreadsheets.

Legal Entity Rationalization & Corporate Simplification
Titus provided four tax professionals (both attorneys and CPAs) to a $70 billion, publicly traded company to work on their "Corporate Simplification Project." The goal of this two year project is to reduce the number of domestic and foreign legal entities (which is currently over 2,000). The project began by comparing entities in the federal tax return to legal entities in existence to create a master list. Once this list was complete, entities were selected to liquidate or merge with other entities in order to simplify the corporate structure. Titus has been involved in every phase of the project from creating the master list to liquidation of entities. This project also includes foreign and domestic travel.

Fixed Asset System Conversions
Titus was engaged by a Fortune 500 company to assist with a fixed asset system conversion. Titus provided a tax professional to reconcile asset lives, regular depreciation, tax depreciation, AMT, ACE and bonus depreciation for thousands of assets.

Special Projects
Titus tax professionals have answered notices, handled miscellaneous items (business license, census data, vehicle insurance, etc.), annual reports, prepared/reviewed short period returns, prepared/reviewed federal and state tax packages, prepared/reviewed federal amended returns (amended returns filed because original return was "quick return" to get a refund). Titus professionals have used SAP, PeopleSoft, Hyperion and other systems to retrieve information for projects.

Tax Calendars
Titus has prepared tax calendars for income tax returns (federal and state income/franchise), annual reports, sales/use tax returns, property tax returns and miscellaneous tax returns for many of our clients.