Ryan Helps Overturn Auditor’s Decision and Secures Tax Credit for Client in the Technology Industry

Ryan Helps Overturn Auditor’s Decision and Secures Tax Credit for Client in the Technology Industry

This client is in the technology industry. The company offers storage systems, cloud-managed solutions, networking, and IT consulting services to customers worldwide.

Business Challenges

The company engaged Ryan on a performance-based fee to review the Texas Margins Tax Returns.

Our Solutions

Under a previous audit, the company’s entitlement to the temporary tax credit was improperly disallowed due to changes in the a liated group. The Ryan team was able to effectively overturn the auditor’s previous decision, and the company is now entitled to take this credit through 2026.

Result

The Ryan team has successfully secured $1.8 million in tax savings.