True Partners Consulting LLC

True Partners Consulting LLC is an independent tax and business advisory firm that provides "Big Four" technical expertise without potential Sarbanes-Oxley conflicts. We help companies navigate the federal and state tax laws and provide custom solutions to our clients. Our managing directors and associates have substantial experience in many industries, including consumer products, distribution, finance, healthcare, manufacturing, retail, telecommunications and utilities.

Vertex Implementation Consulting
Implementing a Vertex sales tax solution will greatly improve the accuracy and efficiency of your sales and use tax calculations and compliance. True Partners has Vertex-certified tax professionals that can assist your company with its Vertex sales tax implementation solution ( Sales Tax O Series, Sales Tax Q Series, Sales Tax L Series, Sales Tax Returns Q Series and Exemption Certificate Manager). Our professionals have relevant experience providing Vertex systems implementation consulting to clients within various industries. Our Vertex implementation services include:

Assessing reporting requirements based on your company's organization structure, customers, products, and services;
Implementing a Tax Decision Maker population strategy; and
Providing process improvements, installation, transaction testing, and training to effectively integrate the Vertex sales tax solution with your company's technology and operating environment.

Sales & Use Tax Solutions
True Partners Consulting, Sales and Use Tax Services can help you regain control of compliance and related functions, create more time for strategic value-added activities, and help contribute more to shareholder value and other strategic corporate measures.

For the tax departments in multi-state companies, changes are coming from all directions. Many companies are undergoing reorganizations that dramatically reduce manpower and resources. Implementing enterprise-wide distributed technologies that move sales and use tax decisions out to the desktops of more people. Introducing electronic commerce capabilities like EDI, Intranets and corporate procurement cards, and only afterward considering the tax implications. Even when moving to shared services environments that further reduce resources and further dilute compliance controls and procedures.

At the same time, concerned executives are looking to all departments, including tax, for strategic improvements that will boost the company's shareholder value. Yet because of resource shortages, tax departments expend most of their time and resources on compliance issues. They have little time or budget for strategic issues that enhance shareholder value.

It may be time to simplify
All of these changes and challenges come at a time when states are aggressively seeking new sources of tax revenue. State taxing authorities are more sophisticated and better equipped than in the past. And new technologies and communications channels are creating significant "gray areas" of taxation. Yet sales and use tax decisions are still often made in purchasing and accounts payable тА" people who may be well intentioned, but who aren't necessarily up to date or held accountable for the tax decisions they make. In order to create an effective and efficient tax environment it is time to put these decisions into the hands of qualified tax professionals.

A solution that makes sense
Our Sales and Use Tax Services Group provides a host of value-added services. We focus strongly on fundamental and important areas of your sales and use tax environment, including:

Transactional Analysis - creative tax-saving ideas and exemption strategies for a variety of transactions; due diligence for acquisition and merger activities; and after-merges compliance products.
Reverse Audits - helps to put any tax dollars remitted in error back into the client's control.
Audit defense and appeals - end-to-end services to reduce audit assessments, eliminate potential adjustments and identify refund opportunities.
Nexus studies - dealing with multi-state taxation issues for fast-growth companies, negotiating with states to minimize prior liabilities if they exist, and registering to establish proper filings with the various states.
Sales and use tax process improvement/automation - creates tax processes that are owned and controlled by tax professionals.
Advanced sales and use tax planning - create the structure for sales and use transactions that will benefit from increased control.
Compliance outsourcing - functioning as an extension of your tax department to perform part or all of your sales and use tax compliance functions

The True Partners difference
When you choose True Partners Sales and Use Tax Services, the advantages to you extend far beneath the surface. For example, you tap into our firm-wide network of state tax coordinators. These professionals disseminate developments and provide technical assistance in all 50 states.

True Partners can help you stay in compliance with sales and use tax laws, yet spend less time and resources as you do so. We can help you avoid costly surprises that can crop up if processes and procedures aren't under control. And best of all, we can help you free up more time for strategic tax planning. Planning that will help you discover new ways to improve shareholder value, economic value-added and other business measures.

Value proposition
Our Sales and Use Tax Services can lighten your compliance burden, free up tax professionals and accounts payable resources for other value-added activities, and dramatically lower your operating costs. In addition, we can help you decrease your audit exposure and lower your tax risks, produce accurate and relevant data, as well as position your department in a more proactive tax planning position.

Contact:
Owen Evans, Senior Manager
Phone: 312.235.3321
owen.evans@TPCtax.com