Tax Services

Innovation is essential to ensuring success in the technology sector. Changing business models are reshaping the landscape of the industry. Many companies now choose to deliver their technology as a web service instead of a traditional upfront licensing model. This trend presents challenges and opportunities and touches many aspects of your business, from R&D, pricing and tax strategies, to the overall business model.

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Innovation is essential to ensuring success in the technology sector. Changing business models are reshaping the landscape of the industry. Many companies now choose to deliver their technology as a web service instead of a traditional upfront licensing model. This trend presents challenges and opportunities and touches many aspects of your business, from R&D, pricing and tax strategies, to the overall business model.

As the continuous cycle of product development progresses, technology companies face a variety of financial and operational challenges, including increasingly complicated financial reporting rules and tax regulations. Cloud-based business presents complicated federal and state income and sales tax issues and opportunities that must be addressed and analyzed.

With a tax advisor who truly understands this, you can focus on innovation without worrying about missed opportunities or unforeseen tax expenses that erode your operating budget and future plans. Proactive tax strategies will enable you to meet your tax obligations and retain a budget that allows you to fund initiatives for growth and have financial stability.

Our experienced professionals are familiar with the complexity of frequently changing laws and regulations and the key issues the technology industry faces.

At blum, you’ll have access to a team of experts who anticipate the effects of new tax laws and business trends and alert our clients to changes that affect their industry, keeping them up-to-date with the latest regulatory developments and guidance related to income tax accounting, disclosure requirements and documentation.

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