Alliantgroup
| Tax consulting service | |
| Industry | Professional services |
| Founded | 2002 |
| Headquarters | Houston, TX, U.S. |
Key people |
Dhaval Jadav, Chief Executive Officer Shane T. Frank, Chief Operating Officer Sonny Grover, Executive Vice President Jeremy Fingeret, Managing Director – Operations Lynn Hedlund, National Managing Director – Business Development Mark W. Everson, former IRS Commissioner Kit Bond, former Missouri Governor and Senator Jim Ramstad, former Minnesota Congressman Dean Zerbe, former Senior Counsel and Tax Counsel to the Senate Finance Committee under Senator Charles Grassley |
| Services |
Research & Development Tax Credit Interest Charge Domestic International Sales Corporation Domestic Production Deduction State and Local Tax Services Hiring Credits and Incentives Energy Efficient Commercial Building Deduction Tax Controversy Services |
Number of employees | 250 (as of November 2011) |
| Website | alliantgroup |
alliantgroup is a national tax consulting services firm that works with CPA firms and their business clients to identify and claim available federal and state government-sponsored tax credits and incentives. alliantgroup assists companies with obtaining tax incentives for activities such as research and development, manufacturing, exporting, energy-efficient design, and hiring in certain established enterprise zones.
History
alliantgroup was founded in 2002 by Jim M. Jacobsen & Dhaval Jadav, as Co-CEO, formerly with Big 4 accountancy firm Deloitte, and Shane Frank, COO.
Services
alliantgroup’s services include identifying tax credits and business deductions and developing detailed case studies to substantiate claims in connection with the following federal and state tax credit and incentive programs:
- Research & Development Tax Credit: To receive the R&D credit, businesses must identify and substantiate credits based on a company’s qualified research activities and expenditures.[1]
- Export Incentives: Interest Charge Domestic International Sales Corporation (IC-DISC): To encourage a better balance of trade and help keep U.S. products competitive in the world market, the government offers certain tax incentives for U.S. companies that sell goods and services abroad.[2]
- Domestic Production Deduction (DPD): The Internal Revenue Code Section 199 provides tax incentives for businesses that perform domestic manufacturing and certain other production activities.[3]
- Energy-Efficient Commercial Building Incentives: Based on Section 179D of the Internal Revenue Code, tax benefits are available for the design and installation of energy-efficient systems including interior lighting, HVAC, hot water, or building envelopes in commercial and government buildings.[4]
- State and Local Tax (SALT) Credits: Tax breaks including state add backs and modifications, alternative filing positions for apportion able and allocable income, and nexus issues related to state income and franchise taxes may be available to certain businesses in many states and cities.
- Hiring Credits and Incentives: Various states offer hiring tax credits and deductions to employers to encourage and stimulate growth, development, and investment in economically depressed areas.[5]
- Tax Controversy Services: Audit defense services associated with IRS and state revenue examinations that includes pre-audit risk analysis and planning, representation through IRS and State administrative proceedings and further, assistance with lawsuits (or other legal matters) and litigation support.[6]
Notable current employees and board members
- Kit Bond, former Missouri Governor and U.S. Senator, current alliantgroup Senior Advisor
- Philippe Camus, Chairman of the Board of Directors of Alcatel-Lucent, current alliantgroup board member
- John T. Dillon, retired Chairman and Chief Executive Officer of International Paper, current alliantgroup board member
- Mark W. Everson, former IRS Commissioner, current alliantgroup Vice Chairman
- Rick Lazio, former U.S. Congressman (New York), current alliantgroup Director
- Jim Ramstad, former U.S. Congressman (Minnesota), current alliantgroup Senior Advisor
- Bob Riley, former Governor and U.S. Congressman (Alabama), current alliantgroup Director
- Blanche Lincoln, former U.S. Senator from Arkansas who served on the U.S. Senate Finance committee, current alliantgroup Senior Advisor
- Steven T. Miller, former acting Commissioner of Internal Revenue, fired in the wake of the 2013 IRS scandal.
Strategic Advisory Board
A strategic advisory board composed of industry experts including those formerly from Big 4 accounting firms, law firms, and the IRS, provides guidance to alliantgroup's directors and clients.[7] Members of the advisory board include former IRS Commissioner, Mark W. Everson,[8] former Missouri Governor and U.S. Senator Kit Bond,[9] former Minnesota Congressman Jim Ramstad,[10] former New York Congressman Rick Lazio, Bob Riley,[11] former Alabama Governor and U.S. Congressman, as well as Dean Zerbe, former Senior Counsel and Tax Counsel to the U.S. Senate Finance Committee.[12] In January 2010, Zerbe was profiled on Keith Olberman’s MSNBC show as part of the "Worse, Worser, Worst” segment for his comments on Wyclef Jean’s Haitian relief fund[13] Other publications, though, including the New York Post and The New York Times, published articles that shared Zerbe’s scrutiny regarding the charity.[14][15]
Media coverage
alliantgroup has been referenced in various articles in national publications and websites including Forbes,[16] Accounting Today,[17] CNBC.com,[18] Bloomberg,[19] and Roll Call.[20] On June 19, 2012, Bloomberg published an article alleging that alliantgroup had been investigated by the IRS.[21]
References
- ↑ Johnson, Hilary (September 15, 2010). "How to Take Advantage of the R&D Tax Credit". Inc.
- ↑ Zerbe, Dean (July 27, 2010). "Save the 'IC-DISC' Export Tax Break". Bloomberg Businessweek.
- ↑ Karnis, Daniel (September 2010). "Maximizing the Section 199 Deduction". Journal Of Accountancy.
- ↑ "IRS official website. "Deduction for Energy Efficient Commercial Buildings," Section 1: Purpose.". Retrieved 2011-09-15.
- ↑ "State of California Franchise Tax Board. "Frequently Asked Questions About Enterprise Zone Tax"" (PDF). Retrieved 2011-09-15.
- ↑ "alliantgroup's Tax Controversy Services Seeing Growth With Heightened Audits on Federal, State and Local Level". Reuters. August 9, 2011.
- ↑ "alliantgroup company profile on bioportfolio.com". Retrieved 2011-09-15.
- ↑ Perrt, Gail (August 8, 2009). "Former IRS commissioner joins alliantghttp://en.wikipedia.org/w/index.php?title=Alliantgroup&action=editgroup". AccountingWeb.
- ↑ "Kit Bond joins alliantgroup as adviser". St. Louis Business Journal. August 25, 2011.
- ↑ "alliantgroup Bolsters Top Tax Talent with Congressman Jim Ramstad". Minnesota Business.
- ↑ "Riley Gets a New Gig". al.com.
- ↑ "Dean Zerbe Forbes contributor biography". Retrieved 2011-09-15.
- ↑ "[Countdown w/ Keith Olberman; “Worse, Worser, Worst” segment]". (in English). January 15, 2011. MSNBC. Missing or empty
|title=(help) - ↑ Vincent, Isabel. "Questions dog Wyclef's Haiti fund". New York Post.
- ↑ Strom, Stephanie (2010-02-05). "Haitian Quake Brings More Money and Scrutiny to a Charity". New York Times.
- ↑ Zerbe, Dean. "Forbes - tax-reform-six-ideas-to-help-small-and-medium-businesses/". Retrieved 2012-06-25.
- ↑ "Accounting Today - Small Business Looks to Congress/". Retrieved 2012-07-01.
- ↑ "CNBC - R&D Tax Credits Are Worth the Work/". Retrieved 2012.
- ↑ "Bloomberg - IRS Resists Whistle-Blowers Despite Wide U.S. Tax Gap". Retrieved 2012-06-19.
- ↑ "Roll Call - Zerbe: Principles to Reform Taxes, Help People". Retrieved 2011-11-01.
- ↑ "Bloomberg - IRS Resists Whistle-Blowers Despite Wide U.S. Tax Gap". Retrieved 2012-06-19.