PROFESSIONAL PARTNERING
Miles Consulting Group works with clients in many different industries and with various tax issues. We also often work with fellow service providers like CPAs, bookkeepers, temporary and fractional CFOs, and attorneys to assist their clients with multi-state tax issues. Other professionals are often uniquely positioned to identify scenarios where our services can assist their clients. Trusted advisors such as attorneys and accountants might come across state tax issues with their clients as they are performing other projects.
CPAs
We often partner with local and regional accounting firms by working with their middle market clients. Many firms don’t have a dedicated resource internally for multi-state tax issues, yet companies are often tripping into them. That’s where Miles Consulting Group can help. A firm might discover their client is beginning to hire a salesforce across the country or that a client is rapidly increasing sales of its product in multiple states. We can assist with a nexus review, taxability study, revenue sourcing, Wayfair analysis and in many other areas.
Real-life example
A fairly large multi-state company sells and installs office furniture and does interior design, delivery and set up. This client was referred to us by a local CPA firm who handles the tax and audit, but not the sales tax component. We worked with the company on a multi-state taxability matrix to determine in which states their products and services were taxable; we continue to be a resource for them as they expand into other states.
Temporary / Fractional CFOs
Companies who hire a temporary CFO often don’t have a large staff to deal with state tax issues, including sales tax. And yet, that’s often where a problem is discovered. Over the years, we’ve worked with many outsourced CFOs (whether independents or those at larger firms) to assist their clients in identifying and remedying sales tax issues.
Real-life example
A medium sized IT consulting firm had questions about its sales of products and services into multiple states. An independent CFO referred us to the incoming VP Finance; we worked with the company to determine exposure and then deal with remediation.
Attorneys
Attorneys are often on the front end of acquisition in due diligence situations. We can assist with either side of an acquisition transaction that unveils situations where the client has exposure relative to state tax issues.
Real-life Example
A small food establishment had been incorrectly charging sales tax to customers and was involved in litigation as a result. An attorney for the company sought our advice on the proper taxability of the various transactions.
We Can Often Be the Missing Piece of the Solution Puzzle for a Client
How do we do that? If a professional partner refers Miles Consulting to a client, we can either work with them directly or through the partner as an independent contractor. In either case, we work transparently, and always keep all parties informed as to the progress on a project.
Our referral partners are experts in their fields and we are experts in ours. We can effectively be your in-house multi-state tax consultant!
DON’T HESITATE TO CONTACT US if we can be a resource for you and your clients!
