clients say about us.
Our contingency-fee plan offers a self funding mechanism, combined with significant cost recovery savings, we can generate a ROI that will make any CFO pleased.
With the volume and high velocity at which business is conducted nowadays, a statement audit from RCI can yield big returns.
Similar to a periodic health checkup, it will give you peace of mind, or point to areas that need attention to ensure future good health.
If you’re a multimillion dollar shipper, RCI can help you save money by claiming all available refunds, and correcting billing errors through continuous invoice auditing.
Through the years some clients have come to us with unique ideas about additional ways to help them, and we can help you too.
Sales & Use Tax Reviews
One of the most complicated and overlooked aspects of corporate finance are detailed and accurate sales/use tax accounting procedures. Many companies don’t have a solid process either defined or followed to ensure proper taxability assessment of purchases. RCI clients have learned that improving knowledge and competency in the area of sales/use taxes can produce tremendous recoveries and ongoing savings. In the vast majority of cases, RCI clients receive significant refunds and credits from undergoing a Sales & Use Tax review- sometimes called a “reverse sales tax audit.” It’s not about beating the system or avoiding taxes, it’s about getting it right. Our clients have the philosophy that companies have a responsibility to pay owed taxes, but not more than they are obligated to pay.
Typical results for these engagements well exceed $250,000, and can reach upwards of $1M dollars-plus in overpaid taxes. RCI offers a contingency- fee based Sales & Use Tax Review stand-alone, or in combination with an A/P Review. Zero dollar investment, minimal client resources and self funded contingency- fees work together for an ROI that’s hard to beat. Upon completion of the review the opportunity to continue tax savings from our findings and recommendations goes into future years, and is retained 100% by the client.
Why is RCI the premier sales & use tax audit firm? The reason is that we’ve combined our A/P audit capabilities of detailed transaction and vendor analysis with some of the most experienced tax experts in the field- real world accounting and real world tax experience make all the difference. No sampling or shortcuts. By applying the knowledge and experience of our specialized sales tax review with the same rigorous process used for A/P auditing, our client’s receive returns exceeding the industry average from CPA’s or tax only firms.
To learn more or to receive a free Sale & Use Tax savings assessment email: info@recaptureconsulting.com