Managing Director’s deep state income tax expertise increases firm’s strength

CHICAGO – May 16, 2008 – True Partners Consulting LLC today announced that Mariano Sori, 44, has joined its Chicago office as managing director.

With 19 years of experience in state tax consulting, Sori will concentrate on state income and franchise tax issues such as jurisdiction to tax, apportionment of income, unitary taxation, business/non-business income, allocation of partnership items, and state filing options. 

“We’re pleased to be welcoming Mariano, who will help enhance the Chicago office and make significant contributions to clients across our network,” said Cary McMillan, chief executive officer of True Partners. “We are committed to bringing in top talent to ensure we offer our clients the very best tax and business consulting services.”

Sori will deliver state tax diagnostic reviews designed to provide businesses with an assessment of their state tax position, including the identification of refund and prospective filing opportunities and the reduction of exposure in multiple jurisdictions. As part of his practice, he will perform corporate restructuring projects that assist companies in designing and implementing structural enhancements to minimize their state tax liabilities and generate long-term state tax reductions.       

Additionally, Sori will consult on all aspects of state income tax, including participating in mergers and acquisition transactions that evaluate the state tax impact of expanding or diversifying business operations, drafting opinion letters that analyze the state tax consequences of business transactions, and assisting companies with compliance requirements, state tax accrual reviews, and state tax controversy. He has worked with Fortune 500 and mid-sized companies in various industries including manufacturing, retail, financial services, real estate, and transportation. 

Before joining True Partners, Sori worked for 10 years at Deloitte & Touche LLP as part of the firm’s national state and local tax practice, where he was Director of several state income tax offerings. Prior to Deloitte & Touche LLP, he was with KPMG Peat Marwick’s State and Local tax practice. 

“I’m looking forward to contributing to the firm by leveraging my state income tax consulting expertise,” said Sori. “It’s exciting to become part of the fastest-growing tax practice in the country.”

Sori has a bachelor of science degree in accounting from Indiana University and a juris doctorate degree from IIT-Chicago Kent College of Law. He is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants, the Illinois Certified Public Accountants Society, and the American Bar Association.

About True Partners Consulting LLC

True Partners Consulting is a world-class tax and business advisory firm that helps large public and private enterprises navigate complex financial regulations without the Sarbanes-Oxley-created conflicts inherent in offering both tax consulting and audit services. The firm provides a broad range of services, including analysis and counsel concerning the tax impact of business issues such as organic or acquisition-driven growth, filing practices, business restructuring or bankruptcy. The firm also conducts refund reviews, analyzes clients’ tax exposure and prepares responses to audit inquiries, in addition to helping clients address compliance issues.

The firm has offices in Chicago; New York; Los Angeles; San Jose, Calif.; Tampa Bay, Fla.; Boston; and London. There is also a Paris office, ArtemTax International, which is the first member firm in the True Partners Consulting International network. Find additional information at www.TPCtax.com.