Iowa State University is looking to contract with a company (Contractor) to provide tax consulting and other assistance related to the accounting, payroll, tax reporting, and compensation/benefits as requested by ISU. This may include, but may not be limited to, the following: 1. Assisting ISU on computation and timely payment of tax liability, as needed. This will include include Forms 990-T and IA 1120. All other tax forms are created and filed internally, but this engagement may include periodic reviews of other tax forms, as identified, such was Fed Form 720; IA sales tax; eFiling services, etc. Provide guidance and review support for internal staff who prepare other tax forms. 2. Preparation of applications for exemption certificates under various sections of income tax ordinance or laws and representing the case before tax authorities to obtain such exemption certificates and its periodical renewal. This could include the initial assessment of current sales tax exemptions in place and structuring an ongoing review of the process. 3. Representing ISU before tax authorities in respect of any proceeding; 4. Review of Monthly and Annual withholding Tax Statements and Sales Tax Returns or such other periodical returns as applicable; 5. Registration, maintenance, and filing of relevant tax records and filing including review of tax computations and ensuring their accuracy. In addition to assistance with preparing certain returns, we are interested in eFiling services. 6. Provide oral/written advice, updates, and education to ISU on various provisions of and amendments in taxation laws as requested by ISU or when there is any material change in applicable taxation laws; 7. Compliance with notices received from tax authorities, including preparation and presentation of replies to these notices, and to pursue existing matters pending with Tax authorities; 8. Assisting in obtaining any clarification, if required, from the tax authorities on various direct and indirect tax issues; 9. Preparation of educational materials to assist with training and presentations to ISU employees; 10. Work may include the preparation of Annual Income Tax Returns
