Project Description

Problem Statement:

A national sand mine company completed significant improvements to a facility. During construction, extensive competition and decreasing commodity prices created cash flow issues for the company. All opportunities to reduce expenses were considered.

AT Tax was Engaged to:

Implement a program for savings beginning with a transition from a previous tax advisor and to have the assessments reflect current soft market conditions experienced by the company.

AT Tax Advisory’s Results:

AT Tax Advisors quickly advocated a new market-based position with the tax assessor thoroughly reviewing all assets from the company’s books and records. Within 60-days of engagement, AT Tax Advisory reduced approximately $45 million in valuation from the tax rolls, resulting in over $1 million in tax savings.