Goal: Survive the Current Climate
persevere
Assess financial and operating risks Identify and maximize cash generation and savings opportunities Understand the tax implications of a remote workforce Meet short-term filing deadlines Ensure your tax department can operate remotely Take advantage of government stimulus programs
Top Considerations:
Learn more: Finding Relief: Tax Strategies to Generate Immediate Cash Flow
Goal: Be opportunistic
MAINTAIN
Look beyond the immediate challenges Uncover missed opportunities for savings Provide insights on the tax implications of business decisions Evaluate accounting methods Ensure compliance with legislation, regulation and relief measures
Learn more: Optimizing Operations: Uncover Tax Relief Opportunities
Refresh your tax strategy Focus on reducing total tax liability Consider reorganization Drive profitable growth Invest to build up your future tax function
Learn more: What Is Total Tax Liability and What Does It Mean for Your Business?
Goal: Emerge Better than Before
RECOVER
return to top
Goal: Execute Long-Term Strategy
thrive
Complete tax transformation plans Maintain a broad view of your total tax liability Continue to plan and iterate
Learn more: Tax Transformation Guide
Business is under control. Employees are safe and capital structure is solid. Operations are maintained to meet the level of demand.
Beginning of the downturn. Immediate actions are needed to respond to business disruption, ensure employee health and safety and adequate capital for the company.
