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Case Studies

In September 2003, a large auto dealership faced its tax extension-filing deadline and was in the process of cleaning up its financials as directed by its bank. The dealer's CPAs turned to Green. In five business days, Green's professionals converted the dealership to the Net Inventory Method to yield huge tax benefits. Green identified trade discount and advertising programs, built an invoice database of over 13,000 vehicles, captured the data electronically and downloaded thousands of pages of supporting documents. Green confirmed the current accounting methods and performed all the calculations. The dealer's CPA then plugged the results into the company's tax return and was able to meet the September 15th deadline.

The best part? Because of Green's cost effective, platform independent process, the dealer received a gross tax benefit of $2.2 million dollars or approximately $845,000 in working capital back into its hands.

The CPAs? Let's just say they're the heroes.

That's the power of Green!

 
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