Tax Savings & Minimization
At Plante & Moran, our team of tax savings and minimization experts can help you look at state and local tax issues including multistate income and franchise tax, sales and use tax, and property tax. They will also investigate the possible opportunities for credits and incentives like historic preservation, energy saving improvements, and cost segregation to ensure that you are taking full advantage of all the available tax saving strategies.
Financial Statement Audit
Our experience with more than 400 retailers means we won’t have to waste your time asking a lot of general questions. But at the same time, we know which questions to ask so you can take advantage of opportunities to improve cash flow — from tax credits to real estate decisions.
Employee Benefits Consulting
Our employee benefit consultants will review your current healthcare benefits plans. We will create models to analyze the effects of changing various factors such as plan design, funding arrangement, vendor selection, and wellness strategies. We will help you develop employee benefits management techniques that will improve your cost management of the plans.
According to the latest statistics from the Association of Certified Fraud Examiners (ACFE), retail is in the top five industries for incidents of fraud. According to their statistics, retailers reported 63 cases of frauds with a median loss of $153,000.
PCI DSS Compliance
To stay competitive in the retail industry, customer convenience is critical, and the ability to swipe a credit card can make or break any deal. To ensure that you can continue providing that convenience, however, you must be able to prove that you are complying with the Payment Card Industry’s (PCI) requirement to document your data security standards (DSS).
Real Estate Site Selection
Real estate decisions have a lasting influence on a retailer’s ability to succeed. From site selection to negotiating the best lease or purchase price, Plante Moran CRESA (commercial real estate services advisors) understands that you are not just looking to “do a deal,” but to make the decisions that are right for your business. We will help you define a business plan, and then through our fully integrated, unbiased real estate advisory platform, execute the plan.