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Testimonials
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Damon B.
- December 11, 2017
- Posted by: Smith & Smith
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Phero V.
- December 11, 2017
- Posted by: Smith & Smith
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Matias Jordic
- December 11, 2017
- Posted by: Smith & Smith
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Cintia Witte
- December 11, 2017
- Posted by: Smith & Smith
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Vince Romeo
- December 11, 2017
- Posted by: Smith & Smith
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Weighed all factors involved with contract offers
- December 8, 2017
- Posted by: Smith & Smith
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Our client, a Major League Baseball player, had several multi-million dollar contracts on the table. We helped him compare offers, not just on face value but also based on the tax implications of each state where he wanted to play. We helped him make a smart decision. With our help, he ended up going where he wanted to play all along.
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Managed Sale of MLB Team and its Assets
- December 8, 2017
- Posted by: Smith & Smith
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Managed the sale of a Major League Baseball team and its assets from its current stadium, which was being torn down to make room for a new stadium. Using these assets from the old stadium, we managed the creation of over 30 different licensed products, a national auction, and a massive live event that generated $6 ½ million in revenue for the team.
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Found Tax Benefits of Memorabilia Donation for MLB Player
- December 8, 2017
- Posted by: Smith & Smith
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Prepared a Valuation Letter for a current MLB Player who was donating a piece of equipment he used in a record breaking game to the Hall of Fame. The player and his agent retained our services to allow the player to take advantage of the tax benefits of this donation.
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Structured equipment purchase for tax credits
- December 8, 2017
- Posted by: Smith & Smith
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Our work with a local manufacturer told us they were in a distressed area. When they wanted to make a $1 million equipment purchase, we helped them maximize their state tax credit, worth about $75,000. Three years later, they turned to us for assistance with a similar purchase.
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Strengthened internal controls to reduce warehouse space
- December 8, 2017
- Posted by: Smith & Smith
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We were engaged to help a distributor study the way it tracks, values and records inventory. We uncovered numerous ways to improve internal controls, building internal confidence in the company’s inventory cost and cycle count processes. Through a review of the purchasing process, we helped the company identify excess and obsolete inventory, in turn reducing its need for warehouse space and leading to significant savings.