Sales Tax Savings

ChurchillTerryUncategorized

A national appliance manufacturer shipping into most states outsourced their financial management to ChurchillTerry.  More than a year into the relationship, the firm received notice of a sales tax audit for periods prior to our engagement with an assessment of more than $600,000.  While outside our current scope of work, the firm engaged ChurchillTerry to work on the sales tax audit.  Reconstructing records and securing missing reseller exemptions resulted in a reduction of the assessment by more than 90% for the client.

Executive Incentive Turnaround

A flagship restaurant for a national brand located in a popular tourist destination was producing only enough free cash flow to cover the investors’ annual tax liabilities.  Top line sales were declining over a period of years, threatening long-te...

Expansion Capital Secured

A national baked goods producer saw the opportunity to expand sales and smooth out seasonality with the development of a new facility with improved shipping capabilities.  Sporadic growth, ownership changes and multiple entities made it difficult to...