Company Research Report: Texas Tax Group

1. Company Overview

• Name: Texas Tax Group (TTG)

• Mission of the Company: "No Taxation Without Representation." Texas Tax Group’s mission is to provide comprehensive state tax consultancy services, helping businesses manage their state tax audits and recover overpaid taxes efficiently.

• Founded By: Dino Marcaccio

• Date Founded: 2007

• Key People:

• Dino Marcaccio, President and Founder

• Rifat Islam, Director of State & Local Tax

• Brad Ayres, Director of Refunds and Credits

• Daniel Holcomb, Director of State & Local Tax

• Other senior staff includes Khayam Sharwani, Nick Remedios, Bryan Scogin, Carol Jurica Jordan, Joseph Garcia, Sandra Salinas, Blake Nedbalek, Peter Laws, Hassan Ali, Ted Hughes (COO), Monica Morcillo (CFO), Margie Merwin (Settlement Coordinator & Project Manager), David Gonzalez (Director of Marketing)

• Headquarters: Houston, Texas, USA

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: Texas Tax Group is known for its expertise in state tax audit defense and recovery services. The company is recognized for having the largest and most experienced team of former Texas Comptroller state tax auditors.

2. Products and Services

2.1. Audit Defense Services

• Description: Full-service audit representation from state tax professionals aimed at ensuring businesses do not face the Texas Comptroller’s Office alone.

• Key Features:

• Preparation of tax research

• Business record preparation

• Audit management and hosting

• Settlement negotiations

• Administrative hearing representation

2.2. Tax Recovery Services

• Description: Helps businesses recover overpaid sales and use taxes.

• Key Features:

• Sales tax exemptions identification

• Mistake correction

• Vendor assignment procurement

• Refund claims management

2.3. State Tax Exposure Review

• Description: Identifies and minimizes exposure to state tax liabilities and penalties.

• Key Features:

• Mock audits

• Voluntary Disclosure Program guidance

• Specialist support for compliance issues

3. Recent Developments

3.1. New Policies and Services

• New Partnerships: No information is available regarding new partnerships.

3.2. Recent Launches

• Policy Reversals: Recently clarified policies, such as the taxability of flowback services in the oil and gas sector.

• Service Enhancements: Continuously updates policies and strategies to reflect the latest changes in Texas state tax laws and regulations.

3.3. Industry Engagement

• Blog and Resources: Engages clients and stakeholders through blog posts that cover various topics, including the management of sales taxes and strategies for reducing tax liabilities.

Conclusion

The Texas Tax Group is a leading consultancy specializing in Texas state tax matters, with a strong focus on audit defense and tax recovery. They continue to expand their reach in the industry by updating and adapting strategies to meet the dynamic nature of Texas tax laws. Their extensive expertise is reinforced by a team of experienced former tax auditors, making them a significant player in the state tax consultancy arena.