CHALLENGE

As a private equity fund that regularly makes acquisitions, manages and reorganizes acquired businesses, or disposes of invested companies the issues you face are complex.  Tax planning, at the earliest stage of these activities, is critical to minimizing federal and state income and transaction taxes while maintaining flexibility to benefit from future tax planning. 

SOLUTION

True Partners has extensive experience in providing tax advice to equity funds in all aspects of their operations. Our experts can assist you in selecting the most effective tax strategies to achieve your overall business objective. 

OUR SERVICES

True to our name, we are passionate about client advocacy. Our experience combined with the benefit of technical problem-solving skills help us to provide intelligent tax advice.

Businesses from multinational corporations to owner-operated companies have come to count on us for customized, intelligent guidance that demonstrates our understanding of the challenges and opportunities they face.

• Transaction Services
• Tax Planning for the Fund
• Portfolio Company Services

CASE STUDY

Our team has a proven track record assisting our clients in increasing EBITDA and/or cash flow.

During a recent engagement assisting a client with evaluating a portfolio company we identified planning opportunities creating over $2,000,000 per year of tax benefit and generating over $500,000 of tax refunds.  Planning opportunities included restructuring business operations to more appropriately manage income and expense items, resulting in reduced state income and sales/use taxes.  From a refund perspective we identified federal and state income tax credits that our client was entitled to but that were never taken by it on tax returns.

On another engagement we worked with a client to reduce its income tax compliance costs by over 25%, freeing up additional capital for strategic growth initiatives.

One of our clients, headquartered in Ohio, was considering a headquarters relocation and ultimately relocated to Illinois.  This relocation required an investment of $70 million and involved the retention of 800 employess and the creation of 700 new jobs.  Through negotiation with the relevant governmental authorities and review of available credits, we were able to secure incentives totaling $25.8 million for our client.

OUR TEAM

Chicago

Robert J. McDonald, CPA Managing Director
312 924 3219 | This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Stanley W. Jozefiak, ESQ Managing Director
312 235 3306 | This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

John M. Easterday, CPA Managing Director
312 235 3304 | This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Andrea L. Gronenthal, CPA, Managing Director
312 235 3328 | This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

New York

John V. Aksak, CPA, Northeast Managing Director
631 777 6310 | This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

San Jose

Louis Gomes, CPA, Managing Director
408 625 5099 | This e-mail address is being protected from spam bots, you need JavaScript enabled to view it