As a leader in tax services relating to domestic, mortgage and foreign banks, private equity funds and broker-dealers, our team has the unique financial services background required to meet your specific needs.

When it comes to the taxation of international bank agencies, branches, and Edge Act banks, our team is widely regarded as the leading tax advisor in the South Florida market. In fact, MBAF is currently the preferred tax services provider for more financial institutions in the region than any other firm.

At MBAF, not only do we invest in important industry-training tactics, we are also proud members of several leading professional organizations. Both of these facts enable us to stay on top of the latest tax issues facing financial institutions and make it possible for us to remain fully aware of the IRS position on each relevant issue affecting your industry. 

Key Tax Services for the Financial Industry

  • Accounting for income taxes
  • Advice on economic and tax issues regarding investor allocations and distributions
  • Assisting in determining the best structure to maximize tax advantage opportunities
  • Coordination and preparation of U.S. federal, state and local income tax returns for U.S. business entities with foreign owners, as well as foreign-business entities operating in the United States, which includes information returns with regards to cross-border withholding, transactions with foreign-related parties, foreign-bank accounts, and U.S. ownership of foreign corporations and partnerships
  • Due diligence and planning for mergers and acquisitions
  • Ensuring compliance with federal, multi-state and local tax regulations
  • Executive-compensation planning
  • Federal, state and local-tax planning
  • Improving accounting systems and internal controls, as well as performing internal audits, for efficiency and security
  • Information reporting
  • Litigation support
  • Preparing monthly, quarterly or annual financial statements for management's use or for third parties
  • Preparing or reviewing business tax returns, as well as the principals' individual tax returns
  • Property tax valuations
  • Providing business valuation services or financial due dili­gence to help clarify your options in a potential merger, ac­quisition or sale
  • Providing proactive tax planning that alerts you to available tax minimization opportunities as changes in regulations or new rulings affect your practice
  • Representation in front of federal and state-tax authorities
  • Reviewing disability, professional liability and business inter­ruption insurance coverage
  • Sales and use tax planning
  • Subchapter S conversions
  • Tax compliance
  • Valuation and cost-segregation services