Common Pitfalls and Solutions

Pitfall 1: Underestimating Documentation

Problem: Scrambling during audits Solution: Monthly documentation reviews, standardized templates

Pitfall 2: Missing Deadlines

Problem: Lost benefits due to late filing Solution: Annual tax calendar, automated reminders

Pitfall 3: Aggressive Claims

Problem: Audit risks and penalties Solution: Conservative approach, professional validation

Pitfall 4: Poor Integration

Problem: Finance and R&D silos Solution: Cross-functional tax optimization team

Pitfall 5: International Blindness

Problem: Suboptimal global structure Solution: Early international tax planning