Accounting rules, specifically Financial Accounting Standard No. 109, require a very specific treatment of your tax calculation … whether you show a profit or a loss. It is a complex and involved process that is required by auditors when they show up to review your books.
Most auditors, especially bigger firms, will most likely not provide this service to your company due to independence considerations. A better idea is to outsource this work to a reliable firm.
Consider Davidoff & Associates. We have prepared Tax Provision Calculations for many companies and can do the same for you. When you select us, we’ll meet with you, gather all necessary data … and quickly produce the calculations that will enable you to have Financial Statements ready for review by auditors and your investors. And we’ll do it all for you at very modest cost. We are only a phone call or e-mail away.