With ownership in multiple companies and an expanding investment portfolio, Chris Rebholz was in need of a tax professional that could minimize his liability through a carefully thought-out tax plan and ongoing monitoring.
Chris found the right fit with SVA from the start. “During our initial two hour meeting with SVA, they discovered errors in our prior year’s tax return which saved us more than $100,000 in tax liabilities. Without that initial meeting, we would not have recovered the overpaid tax dollars,” explained Chris.
After reviewing Chris’s business structure, SVA suggested a corporate restructuring for Christopher Morgan, LLC in 2007. Christopher Morgan Fulfillment and BindMax Proteins, LLC are two of the companies owned by Chris and Kelly Rebholz. This restructuring resulted in further tax savings of more than $30,000 per year for a cumulative return of $120,000. “We are not an easy client to work with because we have several companies in diverse industries across multiple states,” Chris said. “But SVA is an excellent partner in specifically addressing the different enterprises’ tax requirements to maximize returns, as well as provide valuable business insights.”
Chris was able to capitalize on additional services from SVA including business consulting services for an even greater impact on his business. Utilizing the business consulting services, he is able to apply money-saving ideas to his company year after year. “It is great having an accounting team that thinks like a business owner,” stated Chris. “Without the level of questioning and engagement SVA provides, we wouldn’t realize such significant savings.”
“I can’t imagine not having SVA as a business partner,” Chris concluded. “We don’t contemplate a new business venture anymore without their input first.”