There are many reasons why a prior tax filing can and should be revisited: a ruling, a case, a change in attitude as to the level of conservatism, even just to re-check the math. Sometimes a second (or third) set of eyes sees something that no one else saw. We once recovered over $1 million for a company that completed a form properly, but the tax compliance system did not carry the amount to the proper line item, resulting in the loss of an $80 million deduction. We also recovered almost $3 million for a client after three other firms reviewed the exact same returns for potential recoveries. It happens.
Our Tax Recovery team reviews all types of returns that are open for refund claims under applicable statutes of limitation. Our report summarizes the opportunities and risk associated with each potential recovery.
You make the decision as to how we should (or should not) proceed. We then handle all aspects of the claims, from the preparation of amended returns and supporting documentation, to the shepherding of the claims through the review process. We do not stop until the money is in your hands.