Tax Case Studies

A sampling of what we’ve done for our clients:

• Provided multi-state audit defense resulting in tax liability reductions of $4,000,000 in 2010 and $11,000,000 in 2011
• Completed a physical inventory and valuation of a US heavy equipment manufacturer’s Texas branch, appealed the personal property tax assessment, and received a refund of $65,000 in tax
• Developed a state of the art web-based exemption certificate management system (TIMS™) applicable to all types of business to optically scan, store, renew, validate, and generate exception reporting
• Performed exemption certificate management services for a large US rental equipment corporation in all states resulting in $150,000 tax liabilities avoided
• Reviewed credit memo requests, determined taxability, issue credits, and filed refund claims with taxing jurisdictions resulting in $8,000,000 tax received during 2011
• Recovered refunds of $100,000 based on use tax overpayment reviews (reverse audits)
• Relocated and reorganized a leading corporation’s sales and use tax compliance operation uncovering more than $2,000,000 in tax overpayments in the process
• Reviewed a major truck manufacturer’s Indiana adjusted gross income tax and obtained an $800,000 tax refund
• Identified a client’s accounting error resulting in a sales and use tax audit liability savings of $300,000 and additional I&F savings after return amendments
• Facilitated $100,000 tax recovery related to bad debts
• Obtained 30% personal property tax reduction for a significant clothing retailer for all Florida locations
• Averaged 35% tax reductions for audit liabilities compared to prior audit liabilities