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LECG-SMART
State And Local Tax Services
A global expert services company providing expert testimony, authoritative studies, and strategic advisory services to clients including Fortune Global 500 corporations, major law firms, and governments worldwide. www.lecg.com
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State and Local Tax ServicesPersonal Property Tax Compliance
Personal Property Tax ConsultingPersonal Property Tax Consulting
Real Estate Tax Consulting
Sales and Use Tax Compliance ServicesSales and Use Tax Compliance Services
Sales and Use Tax Consulting
State Income/Franchise Tax ComplianceState Income/Franchise Tax Compliance
State Income/Franchise Tax Consulting
Tax Technology ConsultingTax Technology Consulting
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SALT Services
Tax Planning, Compliance and Consulting
Tax Accounting and Provision Analysisg y
Tax Incentives and Credits
Transaction Analysis
Tax Technology ConsultingTax Technology Consulting
Audit and Controversy Representation
Diagnostic Services
Outsourcing, Co-Sourcing
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Selected SALT Client ExperiencepAce HardwareAIGAmerica Online
Lehigh Heidelberg Cement GroupLimited BrandsLVMHAmerica Online
AramarkBallBest BuyCo-Activ Capital Partners
LVMHMARSNational EnvelopeNew York & CompanyOlympusCo-Activ Capital Partners
Comcast Corp.ConocoPhillipsDEB ShopsDollar Tree Stores Inc
OlympusSIEMENSTransWorld EntertainmentTween BrandsULTADollar Tree Stores, Inc.
Empire TodayExelonFirst American Equipment Finance
ULTAUnisysUnited Retail Group, Inc.WelchAllyn
Helzberg Diamonds WMS Gaming
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SALT Client RecognitiongHelzberg Diamonds has enjoyed a businessrelationship with SMART for the past 25 years.SMART provides Helzberg Diamonds with a fullservice property tax compliance program and alsoassists us with tax planning for our new stores We
SMART has been preparing our sales and use tax returnsfor over four years now, and I want to take a moment tothank the entire SMART Compliance Team for all you dobehind the scenes to take the detailed tasks requiredeach and every month and produce such high qualityassists us with tax planning for our new stores. We
have been extremely satisfied with the quality of theservice that we have received from SMART and theprofessionalism of the individuals that we have dealtwith. We have also been very pleased with the factthat our account has been serviced by a very stablestaff over the past few years. The individuals on the
y p g q ywork. For the many returns that get prepared and sent bySMART, we get very, very few notices from any state. Weare grateful for the service you perform on our behalf andlook forward to next year.
Jeff Mastin, Tax and Risk Manager
AIG has used SMART to prepare amended state incometax returns related to federal tax audits for five closed taxyears In the process of selecting a vendor to perform this
SMART team who service our account, have manyyears of experience in the business and are veryknowledgeable concerning the various states in whichwe operate. SMART has also been very proactive inmaintaining the latest computer technology availableand does an excellent job of keeping us advised of taxlaw changes and the most advantageous position for
Welch Allyn, Inc.
years. In the process of selecting a vendor to perform thisservice, we met with three of the Big Four firms, SMART,and Jefferson Wells. In addition to the obvious reductionin fees between the Big Four and SMART due to thedifference in business models, we were also impressedby the professionalism and approach that SMART broughtto the table
law changes and the most advantageous position forour company to take in regards to those changes.
I would highly recommend Smart and Associates toany company who has a need for a veryknowledgeable, professional and service-orientedproperty tax compliance provider. to the table.
James R. GruberAmerican International Group, Inc.
p p y p p
Lonnie J. LawtonCFOHelzberg Diamonds
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Client ExperiencepTypes of Clients Industry Specialization
Large domestic and Leasinggmulti-national companies
Middle-market companies
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Insurance and Financial Services
Closely-held and family-owned businesses
Start-ups of all sizes
Retail
Healthcarep
Wealthy IndividualsLife Sciences – Biotech/ Pharmaceutical
Manufacturing
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Personal Property Tax Servicesp yOur property tax professionals take a full assessment of your business assets, classifying which assets need to be reported and taxed as personal property in the appropriate tax assessing jurisdictions using the following procedures:
Analyze your current taxable and non-taxable assets
P d fil l t tPrepare and file personal property returns
Process and reaffirm property tax assessment notices
Appeal property tax assessment as needed
Provide full documentation and support if your return is audited
Process and approve tax bills in a timely matter
Direct tax payments to taxing jurisdictions through individual client escrow accounts, including monthly bank reconciliations
O l t t i bi th hi h t l l f t h i l ith i t idOur personal property tax service combine the highest level of technical resources with proven experience to provide clients excellent value while offering the following differentiators from our competitors:
SAS 70 Type II Certification
Significant Managing Director/Senior Manager Touch
Attractive fee StructureAttractive fee Structure
Depth and breadth of Service Knowledge
Results that Minimize Taxes and Maximize Cash Flow
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Real Estate Tax Consulting ServicesgOur comprehensive real estate tax consulting approach:
Initial data collection and review
Analysis of relevant property issues; review appropriate valuation methodologies; and research applicableAnalysis of relevant property issues; review appropriate valuation methodologies; and research applicable credits, exemptions and/or abatements
Determination of assessment appeal status: review findings with client
Timely preparation of appeal and filing: conduct formal review with assessor
Documented filing of appeal (e g Certified mail overnight carrier receipt et )Documented filing of appeal (e.g. Certified mail, overnight carrier receipt, et.)
Thorough preparation of assessment appeal presentation
Meet with assessment official at the administrative level(s)
Review of jurisdiction findings with client
Determination of further appeal, if necessary (tax court)
LECG-SMART will work to;Determine the accuracy of all datay
Examine state-specific treatment of real property
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Sales and Use Tax Consulting ServicesgAudit representation and managementNexus reviewsVoluntary disclosure agreementsVoluntary disclosure agreementsDue diligence reviewsReverse sales tax audits – opportunity for refundCompliance reviews of exemptions, sales, and proceduresTaxability matrices and determinationsTraining seminarsTax Department intranet packages (on-line subscriptions)Tax system development and implementationTax system development and implementation
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Sales and Use Tax Compliance ServicespThe use of our fully supported and updated databases and software tools ensures compliance with the ever-changing demands of the compliance function. Our SAS Type II-Certified services include:
Tax Return OutsourcingChoose from two levels of service
Tax return preparation onlyFull service, including filings and payments
Access to SmartTaxOnline for data exchange/24/7 web access to your tax returns
Secure data uploads without emails
Controlled processes to ensure qualityLECG-SMART reconciles your data to your returnAcceptance of multiple disparate data sourcesAcceptance of multiple disparate data sources
Taxes SupportedU.S. Sales and Use TaxesCanada GST/HST, PST, and QSTPuerto Rico Sales and Use TaxesPuerto Rico Sales and Use TaxesU.S. Telecommunication TaxesBPOL and Excise Taxes: Delaware, Washington State and select others supported
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Tax Technology Consulting Servicesgy gWhen it comes to accessing and processing tax-critical information, an automated solution is vital to avoid high internal compliance costs, lost tax benefits, increased tax assessments, and interest and penalties that may accrue from information gaps, errors, and inaccuracies. SMART consultants provide their clients with the knowledge and expertise for state of the art tax processing and compliance solutions.expertise for state of the art tax processing and compliance solutions.
Tax Integration Services
System Diagnostic and Optimization Requirements Definition Technical Interface Design & Development
ERP, Billing, and Procurement SystemsSAPOracleJD EdwardsTechnical Interface Design & Development
Functional DesignTesting, Training, and Support
Sales and Use Tax System Partners
LawsonAribaPerfect Commerce
Telecommunications Tax Systems
ADP TaxwareBillsoftSabrixVertex
BillSoftVertex
Federal State and International Income Tax System ImplementationFederal, State, and International Income Tax System ImplementationExemption Certificate Management System ImplementationProperty Tax System Implementation
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State Income/Franchise Tax ServicesTax Compliance
Preparation of state and local income and franchise tax returnsAmended return preparation due to federal reporting changesOutsourcing and co sourcing of state and local tax complianceOutsourcing and co-sourcing of state and local tax compliance
Planning/Liability AnalysisFinancial Statement presentation including FAS 109/ FIN 48 assistance and remediationAnalysis of nexus and jurisdictional filing requirementsVoluntary disclosures & amnesty applications to minimize liabilityVoluntary disclosures & amnesty applications to minimize liabilityUse of alternative structures to manage state income tax expenseApportionment analyses and planning to manage the overall effective state and local tax rateLocation studies to assist in the assessment of tax implications of site selectionCredit and incentive analysis to maximize benefits and compliance with program requirementsPayroll / withholding tax consultingPayroll / withholding tax consultingTransactional due diligence
Audit Defense Planning, Support and RepresentationPre-audit review to assess potential exposure from upcoming auditsOff site audit representation to minimize auditor disruption in the workplaceOff-site audit representation to minimize auditor disruption in the workplaceNegotiation of audit settlementsAdministrative protests and petitions
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Strategic Alliancesg
ADP TaxwareMarketSphere
Tax Compliance, Inc.Thomson ReutersMarketSphere
SabrixThomson ReutersVertex
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About UsIn March 2010, LECG, LLC (XPRT:NASDAQ) and SMART Business Consulting and Advisory, LLC merged. The combined LECG-SMART is a global expert services and business advisory firm with more than 1,100 professionals in 39 offices worldwide.business advisory firm with more than 1,100 professionals in 39 offices worldwide.
Our clients include Fortune Global 500 corporations, major law firms and local, state and federal governments and agencies worldwide. LECG-SMART has experience in consumer products energy entertainment media and sports environment and naturalconsumer products, energy, entertainment, media and sports, environment and natural resources, financial services, healthcare and life sciences, insurance, petroleum and chemicals, professional services, real estate, telecommunications, and transportation.We provide our experts with autonomy, flexibility and a capable professional staff-support f ti O t d i di tfunction. Our experts and managing directors are:
Renowned AcademicsFormer Senior Government OfficialsExperienced Industry LeadersExperienced Industry LeadersSeasoned Consultants
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Who We AreLitigation, Forensics & Finance
Advisory ServicesBankruptcy & RestructuringForensic AccountingFinance Valuation & DamagesFinance, Valuation & DamagesInsurance ClaimsIntellectual PropertyLegal Technology & Analytical Consulting
Economics & Dispute ResolutionAntitrust & Competition PolicyEconomic & Financial RegulationInternational ArbitrationLabor & EmploymentSecurities Litigation
Consulting & Business AdvisoryActuarial ServicesExecutive SolutionsFinancial SolutionsOutsourcing SolutionsCompensation & Benefits ConsultingTechnology Solutions
Governance Assurance & TaxGovernance Assurance & TaxAudit & Attest Services (through SMART and Associates, LLP)Internal Audit & Risk ManagementInternational TaxFederal TaxState & Local tax
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Our Global Footprintp
Global resources to serve large multinational clientsInternational infrastructure optimizes experts’ skills and income potential
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Contact InformationJohn LangmanSenior Manager847.558.5681
Personal Property TaxP.J. Olzen, CMI
Managing Director847.558.5679
James Petersen, CIAO Director
Ted Kolman, MBASenior Manager972.668.3704
P J Ol CMI W lt G i CMI Willi S lt
Real Estate TaxP.J. Olzen, CMI
Managing Director847.558.5679
Walter Grimms, CMISenior Manager847.558.5682
William SoltSenior Manager678.921.8022
Sales and Use Tax ConsultingRandy Holloway, CMI
Managing Director 678 921 8016
Reba Pennington, CMIDirector
678 921 8007
Gerard Glynn, CPA, MTDirector
610 964 [email protected]
Sales and Use Tax ComplianceRichard Hofrichter, CPA, CMI
Managing Director678.921.8008
Gerard Glynn, CPA, MTDirector
Willis Abernathy, CPAManager
Tax Technology ConsultingRichard Hofrichter, CPA, CMI
Managing Director678.921.8008
Debbie Di Meo, CPADirector
Mark Rems, MBASenior Manager610.964.4054
State Income andMatthew Melinson, CPA, MT
Managing Director610 964 4096
Vito Cosmo, MSTDirector
610 964 4103
Roger Mierzwa, CPADirector
212 971 5246Franchise Tax
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