ertain types of taxes are often considered fixed business expenses, and we have found that assumption
to be a costly one. Tax administration is a diverse and complex field; an expert on income tax is not
necessarily an expert on other kinds of taxes. We assist financial officers in saving their companies hundreds
of thousands of dollars each year in non-income taxes.

Taxes—normally viewed as a liability—can be moved to the assets side of the ledger when they have been overpaid. And that happens much more frequently than most companies realize.

Our approach is to first look at a sample of a company’s tax records to get a sense of where its tax
obligations are. Next, we schedule an on-site review, during which we thoroughly go over the company’s non-income tax documents and copy any that suggest an overpayment. Our comprehensive library of information combined with our extensive body of experience—both of which are continually growing—
allow us to quickly identify anything that may be amiss.

When a tax has been overpaid, it rightfully belongs to the person who made the overpayment; however, different taxes have different time limitations for recovery. We are also attuned to those limitations so
that refunds are not irretrievably lost.

Our services include the legwork of collecting the actual refunds, which can be time consuming, tedious,
and sometimes less than pleasant. Each taxing jurisdiction has its own practices and procedures, so
obtaining refunds means learning and following a wide variety of rules.

In the end, a company who takes advantage of what we have to offer finds long-spent-and-forgotten money back in the bank.

In effect, this process does create assets from liabilities.