MGO CPA | Tax, Audit, and Consulting Services

Goal: Minimize Tax Exposure (CEO)

Tax Credits and Incentives

Turn tax expenses into positive cash flow

A key to your growth can be maximizing federal, state, and local government tax programs designed to stimulate growth, incentivize businesses to join or stay in a community, and spur innovation. When you leverage these opportunities you can significantly reduce your tax burden and funnel capital back into your organization, even for past tax years through amended returns.

Ethics at the heart of tax credits and incentives

The world of tax credits and incentives is, unfortunately, rife with big promises and dangerous repercussions. At MGO, we always put your interests first. In all of our engagements we offer fixed fee rates that are not contingent on what we save you. This helps avoid IRS red flags and delivers you peace-of-mind.

Our promise to you

Opportunity around every corner

We’ll take a deep dive into your operations and tax position to uncover opportunities to maximize credits and reduce your tax exposure.

Defensible documentation

Claiming credits is only the first step, equally important is making sure your position holds up to scrutiny. Our bullet-proof approach delivers results without unnecessary risk.

No IRS red flags

As an accredited CPA firm, we stand behind our work. We never work on contingency and only recommend sound analysis that stands up to examination.

Tax credit and incentives solutions

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R&D Tax Credits

Power innovation by reducing tax liability through state and federal R&D credits.

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Work Opportunity Tax Credit

Enhance your tax strategy with our Work Opportunity Tax Credit (WOTC) services. Benefit from potential credits for hiring qualified employees and support diversity.

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Renewable Energy Investments and Credits

For governments, businesses, or nonprofits seeking financial incentives for renewable energy investments, understanding and utilizing available tax credits and funding mechanisms is essential.

Tax Leaders Ready To Serve You

As you grow, you face complex risks and opportunities. Benefit from hands-on guidance focused on delivering top-to-bottom value for you and your organization.

Tax Advocacy and Resolution

Enjoy the security of conflict resolution support

Pre-Audit Readiness

Identify potential tax risk areas, prepare for tax agency information requests, and work to resolve issues prior to a tax agency examination.

Audit Representation

We’ll be your guide at meetings with tax agencies, provide consultation on a regular basis, and deliver guidance on a resolution approach throughout the audit process.

Appeals and Offer-in-Compromise

We’ll support the preparation and filing of appeals and offer-in-compromise, and provide related guidance and consultation.

Penalty Abatement and Installment Agreements

Benefit from strategies for obtaining penalty abatements, negotiating installment agreements, and assisting with lessening the tax burden.

Post-Resolution Services

We will provide assistance with staying current on payments and agreements, and providing strategies to avoid repeat issues.

Our promise to you

Preparation is the key

Stay off the radar of tax authorities with our guidance on compliance and documentation best practices.

Peace-of-mind and cooperation

In the event of an audit, our tax professionals know exactly how to deliver what the IRS needs … without increasing your exposure. Let us manage the process so you avoid additional risk.

Optimal outcomes

Our deep experience with the IRS and other tax authorities helps us determine strategies that deliver results that protect the most important asset: your financial future.

Tax Leaders Ready To Serve You

As you grow, you face complex risks and opportunities. Benefit from hands-on guidance focused on delivering top-to-bottom value for you and your organization.

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Enterprise Business Tax

Your goal is to drive growth on a large scale. Our goal is to identify strategic opportunities, streamline complexities, and deliver tax solutions that align with your enterprise’s needs.

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State and Local Tax

With varying regulations in every market, reduce exposure and maximize your opportunities to save.

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Tax Credits and Incentives

Put your profits back where they belong: driving expansion and innovation for your organization. With experienced guidance credits and incentives can be a powerful tool for fueling your growth.

State and Local Tax

Fuel the future of your business

GROW ACROSS STATE LINES

Complying with multi-state tax regulatory and reporting requirements may feel like a time-consuming hassle, but with our guidance, you can reduce your tax burden and deduct major expenses.

Services we offer include:

  • State and local tax compliance
  • Property, sales, and use tax
  • Tax credit consulting, including R&D
  • Credits and incentives
  • Controversy support
  • Excise tax analysis
  • Cultivation tax compliance

Our promise to you

Guidance where you need us

No matter where you’re doing business in the U.S., our dedicated State and Local Tax team has offices from coast-to-coast and can provide seasoned experience for every major market.

Stay updated on the latest

As tax codes shift with every election cycle, you need to stay agile and prepared. We’ll do the hard work of monitoring new developments to manage your exposure.

Capitalize on deduction opportunities

Each tax jurisdiction has unique credits and incentives program. We’ll dig deep on your operation, and the credits you qualify for, to deliver the best value for your business.

Tax Leaders Ready To Serve You

As you grow, you face complex risks and opportunities. Benefit from hands-on guidance focused on delivering top-to-bottom value for you and your organization.

Tax Highlights of the Inflation Reduction Act

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Enterprise Business Tax

Your goal is to drive growth on a large scale. Our goal is to identify strategic opportunities, streamline complexities, and deliver tax solutions that align with your enterprise’s needs.

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R&D Tax Credits

Power innovation by reducing tax liability through state and federal R&D credits.

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Tax Credits and Incentives

Put your profits back where they belong: driving expansion and innovation for your organization. With experienced guidance credits and incentives can be a powerful tool for fueling your growth.

R&D Tax Credits

Do you qualify?

FOUR-PART R&D TAX CREDIT CRITERIA


Regardless of industry, companies are potentially eligible to save up to 15% of qualified research expenses if their activities meet the following requirements, known as the four-part test.

1. Qualified Purpose

Activity must relate to a new or improved product or process, formulation, invention, software, or technique that results in increased performance, function, reliability, or quality.

2. Technological in Nature

The activity fundamentally relies on a hard sciences, such as engineering, physics, chemistry, biology, or computer science.

3. Technical Uncertainty

There must be uncertainty concerning the capability to develop, method of developing, or appropriate design of a new or improved product or process at the outset of the project.

4. Process of Experimentation

Substantially all of the activities are undertaken to eliminate or resolve technical uncertainty. This process involves an evaluation of one or more alternatives and is performed through modeling, simulation, systematic trial and error, or other methods.

Qualifying R&D expenses


Costs related to R&D activities may be eligible to be expensed immediately to reduce overall tax liability. Qualified R&D costs can potentially include these four categories.

1. Wages

For employee wages to qualify, they must perform research activities, like the following:

  • Conducting or executing the qualified research
  • Supervising the qualified research
  • Supporting qualified research
2. Supplies

Supplies used to conduct research may qualify if they are tangible properties directly used in research activities that were not capitalized or depreciated. A common example is raw materials used to fabricate and test prototypes.

3. Contract Research

Valid contract research expenses must include time spent conducting or executing qualified research performed by a contracted third party and not the business entity itself.

To qualify contract research, a business must:

  • Maintain substantial rights to the research performed; and
  • Bear the economic risk of the contractor’s development.
4. Computer Rental/Lease Costs

This can include the purchases and maintenance of technology used in pursuit of research. Payments made to cloud service providers may also qualify if those payments are related to hosting new or improved software.

Our promise to you

Cost-free assessments

Your day-to-day tasks may qualify for significant R&D tax credits. Our team is happy to review your organization to assess eligibility.

Access what you deserve

If you haven’t been taking R&D tax credits, it’s not too late. We’ll review past returns and identify any missed opportunities.

Your benefit is our only goal

Our flat-fee, no contingency approach is focused on getting you defensible credits with limited risk.

Tax Leaders Ready To Serve You

As you grow, you face complex risks and opportunities. Benefit from hands-on guidance focused on delivering top-to-bottom value for you and your organization.

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Tax Credits and Incentives

Put your profits back where they belong: driving expansion and innovation for your organization. With experienced guidance credits and incentives can be a powerful tool for fueling your growth.

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Enterprise Business Tax

Your goal is to drive growth on a large scale. Our goal is to identify strategic opportunities, streamline complexities, and deliver tax solutions that align with your enterprise’s needs.

Managed Services

Turn Challenges into Growth Opportunities

SERVICES BUILT TO SUPPORT YOU


Audit and Assurance
  • Financial statement audit
  • Global statutory audit
  • Audits of internal controls
  • International Financial Reporting Standards
  • Internal audit services
  • Technical accounting assistance
Tax Planning and Compliance
  • U.S. federal tax
  • Sales and local tax
  • Tax compliance
  • Transfer pricing
  • Organizational restructuring
  • International tax consulting
  • R&D tax credits
Business Management
  • Bookkeeping and accounting
  • Accounts payable and bill pay management
  • Accounts receivable
  • Bank reconciliation
  • Cash flow analysis
  • Budgeting
  • Tax planning and preparation
Technology and Cybersecurity
  • Cyber and Information Security Assessment (CISA)
  • Regulatory compliance
  • Cyber and information governance
  • Security architecture and implementation
  • IT managed services
  • ERP planning
  • Virtual CIO/CISO
  • Cybersecurity maturity model certification
Finance and Internal Operations
  • Financial reporting
  • Budgeting and forecasting
  • Technical accounting
  • Research and documentation
  • Accounting standard implementation
  • Human resources
  • Outsourced controller/CFO
Risk Consulting
  • Internal audit
  • Enterprise risk management
  • Anti-Money Laundering assessment
  • Sarbanes-Oxley (SOX) and System Organization Controls (SOC)
  • Regulatory risk
  • Operational risk, compliance, and controls
  • Fraud risk assessment
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5th Annual
Global Operations Center

Meet MGO India

MGO India is the cornerstone of MGO’s expanding global operations. Our Global Operations Center (GOC) enables us to provide you with continuity, scalability, and integration. The GOC leverages MGO’s pool of highly talented professionals, leading-edge technology, and processes within a secure digital work environment.

Integration with the GOC provides you with the opportunity to focus on your core business, solve capacity issues, enhance productivity and overall service quality, reduce costs, and achieve long-term sustainable goals.

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International Tax

Conduct business across borders with confidence you’re limiting risk and maximizing returns.

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Tax Credits and Incentives

Put your profits back where they belong: driving expansion and innovation for your organization. With experienced guidance credits and incentives can be a powerful tool for fueling your growth.

Leaders ready to serve you

As you grow, you face complex risks and opportunities. Benefit from hands-on guidance focused on delivering top-to-bottom value for you and your organization.

International Tax

Balancing international value and risk

Transfer Pricing

We can help you build and document transfer pricing policies that are detailed, practical, fully integrated with overall financial operations and tax plans – and adaptable to allow for growth.

Our transfer pricing services include:

  • Transfer pricing planning and structuring
  • Transfer pricing tools, analytics and operations
  • Transfer pricing benchmarking
  • Intangible Property (IP) and business valuation
  • Transfer pricing compliance documentation
  • Controversy support: Audit, Fastrak, APA, Competent Authority, MAP
  • Uncertain tax provisions: FIN48, ASC 740

Bring value home with global tax support

Inbound Corporate Tax

For foreign entities entering the U.S. market we help coordinate business activities by establishing and optimizing import/export deals, avoiding a U.S. taxable presence, or creating an entity. We also support inter-company transactions through collaboration with our Transfer Pricing practice.

Outbound Corporate Tax

We help public and private U.S. entities entering foreign markets. Services we provide include:

  • Coordination with foreign offices/affiliates
  • Foreign tax credit (FTC) planning
  • Anti-deferral regime avoidance
  • Controlled Foreign Corporation (CFC)
  • Subpart F Income Minimization
  • Global Intangible Low-Taxed Income (GILTI)
  • Passive Foreign Investment Company (PFIC)
  • Earnings and profits (E&P) and dual consolidated loss (DCL) accounting
Flow Thru/Private Equity Tax Services

Whether an inbound or outbound entity, we assist private equity, venture capitalists, asset managers, and other investment groups explore and enter global markets. In addition, we help foreign flow through entities invest in U.S. businesses and capital markets.

U.S. Global Employer Services

We assist employers in sending employees abroad (expats) or having foreign employees enter the U.S. (impats). Our services include developing global compensation plans, including pensions, deferred compensation, and stock options; and hypothetical tax computation (hypo-tax) to confirm employers and employees are taking full advantage of totalization agreements.

Supply Chain Management

Our phased approach helps public and private multinationals achieve a tax-efficient supply chain. Services are customizable to each level of a company’s life cycle and are performed in conjunction with our Transfer Pricing practice to confirm functions and profit allocations are appropriate.

International Tax Controversy

We assist taxpayers with international tax audits as well as submission to IRS programs, such as the streamlined filing compliance procedures, Delinquent International Information Return Submission Procedures (DIIRSP), handling specified procedures for waiver requests and delinquent IRS Form 1120-F, and other IRS matters.

Indirect Taxes

Consulting services involve assisting clients with value added taxes (VAT), Goods & Services Taxes (GST/HST/PST), and U.S. customs and duties. We also coordinate with a foreign office – whether an MGO affiliate, foreign law firm, or foreign accounting firm. Our compliance support focuses on assisting clients with foreign compliance calendars.

Foreign Tax Compliance

Consulting support includes OECD Pillar Two modeling for clients and assistance with planning for minimization of worldwide taxation. These services strictly involve income or direct taxes. Our compliance services focus on assisting clients with foreign compliance calendars.

Private Client International Tax

Through our Private Client Services offering, you can close the gap between yourself and cross-border activities. Whether you’re a U.S. citizen with foreign assets or a foreign individual with U.S. assets, our approach includes income tax minimization and transfer tax minimization techniques.

Other International Tax Matters

We provide a wide range of industries with guidance for specific nuances in international tax, including tax-exempt entities, entities operating in the cannabis space, as well as reviewing OECD matters and their implications.

Our promise to you

Limit your global tax rate

Every transaction, whether in-bound or out-bound, creates tax exposure. We’ll help you manage that risk and bring home more profits.

We speak business

With shifting tax laws in every jurisdiction, we have the resources to dive into the details and help you enhance the value of global investments.

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Avoid double taxation

We’ll help you design and implement an effective and defensible transfer pricing policy that saves you time and money.

Take a proactive approach against IRS issues

Transfer Pricing Mock Audit

Take a proactive stance against potential IRS issues with our transfer pricing mock audit service, IRS Pre CheckUP. Our team conducts a thorough review of your current methodologies, assesses compliance with relevant regulations, and provides a detailed heat map of potential risks. We offer specific recommendations to address problem areas and assist with implementation to help your company be fully prepared in the event of an IRS audit. If you are concerned about exposure, get your IRS Pre CheckUP today.

Learn More

Tax leaders ready to serve you

As you grow, you face complex risks and opportunities. Benefit from hands-on guidance focused on delivering top-to-bottom value for you and your organization.

Related Solutions

See all solutions
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Enterprise Business Tax

Your goal is to drive growth on a large scale. Our goal is to identify strategic opportunities, streamline complexities, and deliver tax solutions that align with your enterprise’s needs.

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State and Local Tax

With varying regulations in every market, reduce exposure and maximize your opportunities to save.

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Tax Credits and Incentives

Put your profits back where they belong: driving expansion and innovation for your organization. With experienced guidance credits and incentives can be a powerful tool for fueling your growth.

Employee Retention Credit

Accelerate your recovery

Created as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), additional legislation has extended and expanded the Employee Retention Tax Credit (ERTC). Eligibility, amount, and availability of the credit depends on many factors, and there is significant confusion in the marketplace about who qualifies.

We are here to look at your finances holistically to determine eligibility, claim credits (proactively or retroactively), and assist with regulatory compliance related to the combination of all aid programs.

Our ERTC services include:

  • Assessment
  • Filing support
  • Compliance support
  • Assess and review for potential issues
  • Guidance for audits due to improper filing
    • Assess if existing claims have been properly submitted
    • Review for any potential tax controversy issues
    • Manage audits and other issues

Frequently asked questions

Do you qualify for the ERTC?

It’s not too late.

Recent legislative updates have extended eligibility deadlines. We’ll put you on the fast-track to benefit from ERTCs before time expires.

Can you claim the ERTC if you’ve received Paycheck Protection Program (PPP) loans?

Yes, but only under certain conditions. With our experienced guidance we can ensure your PPP loan forgiveness does not contradict your ERTC claims.

Will the IRS be examining ERTC claims?

The IRS has extended the statute of limitations on assessing credit claims to five years. That suggests auditors will be taking a close look at companies claiming the credit.

Our promise to you

Sound accessments

As deadlines and eligibility requirements shift, it is essential that your ERTC claims are well-founded. We’ll do the hard work to document and defending your legitimate claims.

It’s not too late

Recent legislative updates have extended eligibility deadlines. We’ll put you on the fast-track to benefit from ERTCs before time expires.

No games, only results

The IRS has made it clear they’ll be reviewing ERTC claims closely. That’s why our approach leaves no room for error to limit your risk.

Tax leaders ready to serve you

As you grow, you face complex risks and opportunities. Benefit from hands-on guidance focused on delivering top-to-bottom value for you and your organization.

Related Solutions

See all solutions
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Tax Credits and Incentives

Put your profits back where they belong: driving expansion and innovation for your organization. With experienced guidance credits and incentives can be a powerful tool for fueling your growth.

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R&D Tax Credits

Power innovation by reducing tax liability through state and federal R&D credits.

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Enterprise Business Tax

Your goal is to drive growth on a large scale. Our goal is to identify strategic opportunities, streamline complexities, and deliver tax solutions that align with your enterprise’s needs.

Enterprise Business Tax

Optimize Your Enterprise Tax Strategy

In today’s evolving global marketplace, international enterprises face a complex and ever-changing tax landscape. At MGO, we understand the challenges your organization faces — from navigating shifting tax regulations to managing multistate compliance, corporate structuring, and large-scale transactions.

Our comprehensive suite of enterprise tax services is designed to help you optimize your tax position, manage risks, and streamline operations. Whether you are expanding into new markets, restructuring your organization or looking to maximize tax efficiencies, we provide the strategic guidance you need to achieve your business goals and maintain a competitive edge.

  • Corporate Tax Compliance and Planning: Stay ahead of evolving corporate tax regulations with forward-thinking strategies that maximize efficiency and keep you compliant across global jurisdictions. 
  • International Tax Services: Navigate the complexities of international tax laws with strategies that address cross-border transactions, global operations, and multi-jurisdictional compliance. 
  • Transfer Pricing: Manage intercompany pricing arrangements to align with global standards, reducing the risk of penalties and increasing tax efficiency across your global supply chain. 
  • Tax Provision (ASC 740): Keep your financial statements accurate and reliable with precise management of income tax reporting. 
  • IPO Structuring and Inversion Analysis: Minimize tax liabilities and maximize shareholder value with strategic advice on initial public offerings (IPOs) and inversions. 
  • Credits and Incentives: Identify and leverage tax credits and incentives globally to reduce your overall tax burden and enhance cash flow. 
  • Inbound Tax Needs: Address the unique tax challenges faced by foreign companies operating in the U.S. — from entity structuring to compliance with federal and state regulations. 
  • 280E Analysis and Optimization: Navigate Section 280E while improving your tax position with tailored strategies for industries like cannabis. 
  • Entity Choice and Structuring: Optimize your global operations with the right entity structure, aligned with your long-term business goals. 
  • Operating Agreement Review: Review your operating agreements to confirm they are tax-efficient and compliant with international laws. 
  • Debt/Equity Analysis: Optimize your financing structure with detailed analysis to maximize tax efficiency and maintain compliance. 

Tax leaders ready to serve you

As you grow, you face complex risks and opportunities. Benefit from hands-on guidance focused on delivering top-to-bottom value for you and your organization.

Solutions Built for You

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International Tax

Conduct business across borders with confidence you’re limiting risk and maximizing returns.

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Tax Credits and Incentives

Put your profits back where they belong: driving expansion and innovation for your organization. With experienced guidance credits and incentives can be a powerful tool for fueling your growth.