VITAE International provides tax, accounting and finance related services to English speaking nations across the world which currently includes the United States of America, United Kingdom, Australia and New Zealand.
VITAE started its climb up the industry ladder with pension funds and tax preparation. Over the years VITAE has taken up other related services such as audit, superannuation, accounting and technical content writing. VITAE hires and trains talent that has served the purposes of client firms across the globe to overcome shortages in qualified staff in their home countries and enabling their staff to focus on complex jobs such as client interface.
VITAE customizes the experience for each of its clients, providing only specific finance-related services that they require. VITAE puts together a team especially for the client based on their individual needs. The VITAE team is not isolated from the client office and VITAE staff and management communicate regularly via video conferencing facilities and occasional face-to-face meetings with the aim to work towards common organization goals.
The Services provided by Vitae are:-
Accounting for businesses which handle accounting for individuals, partnerships, trusts and other companies which includes bookkeeping, adjusting of journals, preparation of financial statements, iXBRL tagging, Business Activity Statement (BAS) and Instalment Activity Statement (IAS) preparation. Internal accounting is also provided for some of VITAE’s client firms which additionally involves payroll, monthly accounts, budgeting and other similar services.
Audit for firms to ensure compliance with the audit standards of their specific country and International Financial Reporting standards (IFRS) as well .To ensure not only legislative compliance but operational efficiency as well, the audit services provided include checking compliance with IFRS, ratio analysis, test control selections, conversion projects, reconciliation projects, and SSAE checklist.
Superannuation Funds which include accounting, preparation of tax returns, Business Activity statement preparation, audit and Self-Managed Superannuation Fund preparations.
Tax Preparation for accounting firms who specialize in small to medium size firms, large corporations, partnerships, trusts, non-profit organizations and even individuals. The services include but is not limited to Fringe Benefit Tax (FBT), Individual Income Tax returns , Advance Tax, Employee benefit and expenses return. Since VITAE tailors each team according to client needs, any tax related service can be provided based on client requirements. VITAE currently provides both country specific and expatriate tax return preparation and other services required to ensure tax compliance. VITAE also prepare tax estimates and projections.
Technical content writing which includes conducting technical research on IFRS and the associated developments that requires drafting a well-structured memorandum for the client, content creation/update to their IFRS publications, penning of technical articles on ad hoc basis, and conducting of technical reviews on financial statements for identified purposes.
Cost Segregation– Immense experience in performing cost segregation studies and allocation of purchase price studies for new construction, renovation projects, leasehold improvements, and acquired tangible assets across various industry verticals in the US market.
Green Building Tax Incentives (45L Tax Credit)– Support to pursue and maximize Green Building Tax Incentives for businesses in the US market by performing energy simulation modeling using various software packages that have been approved by the IRS and the United States Department of Energy.