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Federal, State & Local, and International Tax Compliance sreemannaarayana mallela understands the landscape of corporate tax and the related pressures that the compliance lifecycle can have on a tax department. Whether you need one individual, a small team, or looking to fully outsource the corporate tax compliance function, sreemannaarayana mallela helps you address today’s most complex Federal, state and local, and international income tax compliance issues and meet deadlines. We provide value-added services to your organization by building efficiencies and streamlining your existing tax process along the way.   We have the knowledge and experience to integrate the tax compliance function with other areas such as tax provision and planning functions. sreemannaarayana mallela provides the proper mix of technical resources and technology acumen so your internal resources can focus on other areas of tax that provide greater value to the overall business. Tax Compliance Functions sreemannaarayana mallela range of business tax services cover the complete spectrum of potential compliance needs, from corporate tax return preparation and review, to tax controversy and audit support. Some of the many services we provide include the following: Federal Income tax filings related to C-Corporations, Partnerships and S-Corporations State income/franchise tax filings on a unitary, consolidated, and combined, and separate-company basis Estimated tax calculations and cash management analysis U.S. international tax reporting and compliance Global Intangible Low-Taxed Income (GILTI,) Foreign-Derived Intangible Income (FDII,) and Base Erosion and Anti-Abuse Tax (BEAT) calculations and studies E&P, FTC, Subpart F, and foreign branch calculations Tax accounting method changes Tax credit opportunties FATCA and FBAR reporting U.S. withholding tax compliance Management of tax audits, including RAR reporting State appointment and nexus studies Tax process & workpaper automation Income Tax Compliance Automation sreemannaarayana mallela s tax professionals , many of whom are certified, are skilled in all major tax compliance software and filing systems including ONESOURCE Income Tax (OIT), OIT International, Corptax®, GoSystem, Vertex Income Tax, and others to make compliance functions run efficiently. We also have an in-house Tax Automation Services (TAS) team that allows us to support compliance process optimization and training, ensuring the maximum benefit from your investment in such technologies. Co-sourcing Tax Department Functions Co-sourcing with Sreemannaarayana mallela gives you more than “just-in-time” support. We share the workload and build sustainable resource solutions. Typical co-sourcing services: Annual and interim tax provision Federal/state/international tax compliance Direct/indirect tax audit management International quantitative tax calculations Tax technology administration Operational transfer pricing Staff augmentation

Corporate Tax Provision Experti sreemannaarayana mallela is a premier firm providing Accounting for Income Taxes under US GAAP(ASC 740), IFRS (IAS 12), and other standards for domestic and multinational companies, including those within certain regulated industries (e.g., utilities, insurance, etc.). This tax function remains high on the risk profile for material misstatements and errors in financial reporting. In an environment of accelerated reporting timelines, companies are often challenged with procuring knowledgeable resources that understand the complexities of the tax provision process in an ever-changing tax landscape. sreemannaarayana mallela addresses this challenge head-on, with technically knowledgeable tax professionals that meet the high demands of financial reporting, along with automation and optimization services to support the process. Our reputation for quality results is well-known.

Tax management and accounting services Managing tax risks and addressing tax reporting, compliance and accounting needs efficiently In today's increasingly competitive environment, companies are under constant pressure to improve their performance and explore new revenue generating opportunities. Outsourcing models with third party providers are commonly used to allow staff to focus on their core business.  Our multi-disciplinary teams of professionals, industry knowledge and modern technologies can assist you in complying with tax and accounting related legislation and regulations. You define how you want to collaborate and we adjust our processes and technology and take responsibility for your compliance obligations.  "The increased attention given by regulators and other stakeholders to the tax affairs of companies escalates the importance given to compliance and how tax risks are managed. There is also a constant drive to use technologies, processes and people in the most efficient manner possible to ensure compliance obligations are met."

One stop solution for GST, Income Tax, FEMA, SEZ, Import-Export and Corporate Laws in India, a useful portal for Professionals, trade and Industry

Thanks&Regards, Advocate Sreemannrayana.mallela Advocate & Tax Consultant, A.P. High Court. cell no :+919677205265 Mail ID:PEOPLESADVOCATE.MSN@GMAIL.COM Advocate sreemannaarayana mallela To handle all tax litigation matters  in multiple tax forums like Commissioner , Tribunal , High Court , Supreme Court . This would include both direct and indirect tax matters. To handle litigation arising out of GST, service tax and excise cases at the level of adjudicating authority and appellate authority (Commissioner (Appeal)).To do legal analysis of the statutory provisions, notifications and circulars pertaining to GST, Income tax,FTPand customs To do extensive legal research with the help of electronic/online research tools for developing the contentions to be incorporated in the reply to the SCNs/appeal. Represent before adjudicating authority and Appellate Authorities (Commissioner (Appeal) & CESTAT)To argue the case before adjudicating authority and appellate authority (Commissioner (Appeal), if require a) Take initiative in briefing the counsels. b) Support the counsel with notes on issues referred to him containing the factual and legal aspects of the matter.sreemannarayana mallela well versed with statutes pertaining to GST, Central Excise and service tax and the rules issued thereunder regarding cenvat credit, valuation, filings of appeals, tariff etc. Knowledge of allied laws like CPC, IPC, Cr PC, Indian Evidence Act, Indian Contract Act establishes requirements

Can I just represent myself in my family court proceedings? Ask yourself this? Would you initiate a medical surgery on yourself and mid-way through decide to call the surgeon to finish the job? I highly doubt it. In a lot of instances, there are situations whereby individuals decide to represent themselves when there are issues of domestic abuse or children involved but then realise afterwards that being a litigant in person has had disastrous consequences. This can include fundamental errors made along the way in their written evidence, problems with their production of exhibits or simply saying something that implicates themselves and causes a detrimental impact on their case. This results in further hardship being caused than if they had instructed a solicitor from the first instance. So, returning to the analogy of a medical surgery. As family solicitors, we act as the Anaesthetic. We prevent pain and discomfort that could directly affect you if you were representing yourself. We act as the impartial third party, providing objective professional advice, whilst navigating you through a difficult situation. More importantly, when there are children involved or issues of domestic abuse, people seek a more humanistic client-focused approach from their solicitor. The approach of being robotic and overly complex was long shunned by me so my clients can be satisfied that a supportive service has been provided in the most difficult times that they may be facing in their lives. So, whatever stage you may be: Whether it is a matter concerning your children, domestic abuse or in many cases amalgamated proceedings; Whether you need to issue an application for child contact or an injunctive order; Whether an application has been made against you; or you need assistance in navigating through the complicated process of implementing directions (such as drafting statements or instructing experts), at every step, we are here to help you achieve the best possible outcome! “To me, a lawyer is basically the person that knows the rules of the country. We’re all throwing the dice, playing the game, moving our pieces around the board, but if there is a problem the lawyer is the only person who has read the inside of the top of the box.”

I am now advertising my services under my umbrella company, Flexible Law Go to www.flexible-law.co.uk to find out more

Getting a default judgment when you never contested the debt can be very disconcerting, especially if you need your credit history to be good You can apply to have the default judgment set aside in those circumstances. It must be done promptly and you must demonstrate to the court that you are not ‘credit washing’. I have assisted many individuals in these matters and I can act for you or offer detailed advice for affordable low costs.

Hearing tomorrow at 11am by video. It is expected to be very hot. I have a little usb fan to keep my cool. Tomorrow’s hearing shouldn’t be happening. Dash cam footage shows my client was in the correct lane to leave the roundabout (where as the Defendant was in the incorrect lane to continue around). Many of these hearings now fall into the small claims track where legal costs aren’t recoverable and your insurers have to pay out money they cannot recover

Sponsor licences for restaurants A Sponsor licence enables your restaurant to sponsor the following employees from anywhere in the world: Head chef Chef Chef manager Pastry chef Vat registration certificate and alcohol licence evidence not strictly necessary.

I have several in person hearing next week, including Truro and Exeter. Fortunately I am just a train journey away from most courts in the south west. If you need representing at a county court in the south west (client, business or law firm) get in touch

Going to Court for a small claims matter can be daunting for someone who doesn’t have any experience with the legal system and won’t know how to express their argument. The court will help you to an extent but the best thing it to have legal representation. You generally cannot recover legal costs even if you win. I offer low cost advice or possible representation depending on the case and facts. Get in touch to find out more

Many are talking about the Vardy v Rooney libel case taking up court time. I don’t practice in the High Court but many devastating personal injury claims, family issues, etc are heard in the High Court and I can appreciate the frustration for those parties who desperately need a court to hear their case The county court, where many if not most claims are heard, are overwhelmed and many cases get allocated to the small claims track where your ability to recover legal costs is practically non existent. I am always happy to see how I can help clients in an affordable manner

Criminal legal aid sector ‘will disappear’, MPs hear The criminal legal aid sector will disappear if the government does not invest the bare minimum recommended by Sir Christopher Bellamy following his independent review, the Law Society told MPs today. Giving evidence to the House of Commons justice select committee today, Society president I. Stephanie Boyce said it had been 25 years since criminal legal aid rates had been significantly increased. ‘Failing to meet the minimum means firms will continue to disappear until eventually the entire sector disappears,’ she said. Opening the session, committee chair Bob Neill MP pointed out that ‘that there was a bit of a change in tack’ in Chancery Lane’s initial response to the government’s proposed £135m reform package, which went from welcoming to critical. Boyce said the Society welcomed the Ministry of Justice’s embargoed news release. But when it received the government’s response and impact assessment, ‘it was very clear within the detail of that it was not a 15% overall package for solicitors. It amounts to 9%.’ She added: ‘If there’s one flaw in the package, then the whole package is flawed.’ The committee heard that £11m had been earmarked for experts, £3.2m for the Public Defender Service and £2.5m for training grants, which the Society wants ‘repurposed’ to get solicitors to the minimum they need to survive. Boyce: ‘If there’s one flaw in the package, then the whole package is flawed’ Boyce said the PDS was an expensive scheme and expensive to run. ‘We have already got an established skill set, an established structure and framework with the criminal defence solicitor profession.’ If rates are not uplifted by 15%, Boyce said the Crown Prosecution Service would continue to be more attractive than defence work and the inequality of arms will get worse. Following Boyce’s evidence session, the committee heard from justice minister James Cartlidge MP, who was asked if the government’s proposals matched the central recommendation of the independent criminal legal aid review. Cartlidge said: ‘Sir Christopher recommended £135m. We delivered £135m. We said we would increase by 15% most of the fees - we did not say all of them.’ On concerns that the extra cash will not land in practitioners’ pockets until 2023 at the earliest, Cartlidge said the government was moving as fast as it could. ‘In government terms, this is moving quickly.’ ref:https://www.lawgazette.co.uk/news/criminal-legal-aid-sector-will-disappear-mps-hear/5112311.article

NEWS Magistrates' new jailing powers come in to force The government has come under fire again for letting magistrates sentence people for up to a year in prison after the controversial power came into force yesterday. The Ministry of Justice said the latest measure, announced in January, will free up to an extra 1,700 days of Crown court time annually. Previously, magistrates could only issue a maximum six-month prison sentence, with cases warranting a longer custodial sentence being sent to the Crown court. They will now be able to sentence cases such as fraud, theft and assault. The ministry said the Judicial College has provided all magistrates and legal advisers with ‘robust training’. Magistrates' courts will now be able to sentence cases such as fraud, theft and assault The department’s press release did not contain details of the training. Last month magistrates were informed they must complete half a day’s training prior to their new powers commencing, to be followed by webinars arranged locally in April and May. Justice secretary Dominic Raab said today: ‘We are doing everything in our power to bring down the court backlog, and doubling the sentencing powers of magistrates will create more capacity in the Crown court to hear the most serious cases. Together with an extra 30 Nightingale courtrooms currently open, digital hearings and allowing the Crown court to hear as many cases as possible for another financial year, we will deliver swifter and more effective justice for victims.’ The new power was once again criticised. Jon Black, a former president of the London Criminal Courts Solicitors Association, said: ‘Removing from society for six months (of a 12-month sentence) is too serious, has an incredibly wide knock-on effect and should be the preserve of professional judges with years of legal experience and training, not volunteers with spare time to give.’ High-profile blogger Secret Barrister said the new power would increase appeals from the magistrates’ court to the Crown court.

'Several hundred billion’ at stake in bitcoin case' n intellectual property claim brought against two digital currency exchanges by the man claiming to be the inventor of the bitcoin cryptocurrency could be the largest ever seen in the English courts, it emerged today. The claims brought by Dr Craig Wright against Kraken and Coinbase 'are likely to be worth several hundred billions of pounds', a spokesperson for Wright’s solicitors said today. The claim is the latest in a wave of litigation brought in the London courts by Wright, an Australian computer scientist resident in Britain. It arises from a bitter civil war which arose from a so-called 'hard fork' split in the bitcoin blockchain - the chain of encryption which validates the currency - in 2018. Wright, and two companies associated with him, accuse Kraken and Coinbase of passing off a product known as ‘Bitcoin Core’ (BTC) as bitcoin. Wright maintains that the only product which remains true to the original 2008 bitcoin protocol is ’Bitcoin Satoshi Vision’ (BSV). The claimants contend that this misrepresentation by Coinbase and Kraken has led to confusion among digital currency asset holders as to the authenticity of the assets many have purchased and traded in. They seek an injunction restraining the defendants from promoting BTC as bitcoin. Proceedings were filed last week in the Intellectual Property List of the Business and Property Courts of England and Wales, though neither defendant is in the jurisdiction. Wright's solicitor, Simon Cohen of London firm Ontier, said: 'These actions are undoubtedly game changing for the digital asset market. Simply put, the claimants’ assertion is if your digital asset doesn’t strictly adhere to the bitcoin protocol and is linked to the bitcoin blockchain it is not bitcoin, and should not be marketed or referenced as such. 'While this is quite likely the highest value claim to have ever come before the English courts, in fact the arguments in support of our clients’ position are straightforward and verifiable.' Another legal action brought by Wright, a defamation claim against bitcoin commentator Peter McCormack, is due to be heard in London later this month. Wright is meanwhile appealing a jurisdiction ruling in a claim against several bitcoin developers to restore access to several billion pounds in cryptoassets. reference:https://www.lawgazette.co.uk/practice/several-hundred-billion-at-stake-in-bitcoin-case/5112378.article)

Slips or trips in public places such as supermarkets are common place but it’s not ‘open and shut’ just because there was a spillage. The Defendant can evade responsibility by demonstrating a reasonable cleaning and inspection system. I have years of experience in finding the holes that undermine the credibility/reliability of those record I act on a no win, no fee basis - contact me to find out more

Another case dropped ….

Another great result …