Success Stories

 Company saves $1.2 Million With Specialty Tax Exclusion

$1,200,000 tax refund for a public company. This company had overpaid sales tax on a variety of consumables in the course of a nationwide marketing campaign. Using a sales tax exclusion on “ad prep”, which was originally designed to benefit the motion picture industry, the client was able to recover overpaid sales tax before the statute of limitations eroded too much of the refund opportunity

$85,000/yr waste disposal savings for a hospital

For many years the hospital had been getting billed spurious fees for non-existent hauling services that were added into the standard bill along with legitimate service fees.

$1/4 Million for automotive company in Southern California

An automotive after-market company in Los Angeles engaged us to audit unclaimed R&D tax credits. The company had under 40 employees and was owned by a parent company in Asia that had been in matured market for years. Margins were being hammered and the client was looking for any opportunity to save money when they engaged us. In addition to analyzing freight, insurance, enterprise zone tax refunds and other savings, we performed an R&D study.

The result was a $250,000.00 of eliminated tax at both the Federal and State level.  The cash infusion put the company in a much stronger position and allowed them to continue when their competitors were folding.

$200,000 energy tax refund for a food processor

In certain states there is a sales tax exemption on electricity consumed by manufacturers provided certain criteria are met. A food manufacturer with locations in multiple states allowed us to conduct an engineering analysis and find the exact amount of tax to be eliminated permanently from their energy bills.

23% reduction in energy cost for Resort Hotel

The largest resort in Arizona has multiple meters receiving power and not all of them were on a utility rate schedule that was best suited to the energy usage profile of the resort. We identified the opportunity and identified which meters were better served by the alternative rates in the utilities tariff library. The resort saved large amounts of money with no capital expense or retrofits necessary.

26% reduction in health care premiums for a CPA firm

The Client’s most significant overhead cost was the price of benefits and formerly used HSAs and their association’s special rate, CalCPA to cut its insurance rate prior to seeing our analysis that did not require participation in the association. In addition to a 26% reduction in premium the quality of benefits increased as well with one accountant stating, “This is so much better than what we had before.”

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