Protecting Profitability in the Retail Industry
Prudent consumer consumption, shifting purchasing patterns, and slowed fiscal recovery are just a few of the challenges retailers face. Retailers struggle to keep pace with continuous tax law changes, voluminous filings, appeals, and payment deadlines. Constant monitoring of 52 state tax laws in over 9,600 local jurisdictions requires focus and specialized expertise.
SC&H Group provides both brick and mortar and online retailers with highly specialized accounting, tax, and consulting expertise. We provide clients with a variety of tax management, payment recovery, and cash flow preservation strategies that deliver ongoing, meaningful benefits.
SC&H Group’s team of experts have served all of the 2013 National Retail Federation’s Top 10 Retailers, and 40% of the top 100.
Recovered non-compliant vendor charges totaling nearly $1.8 million, roughly 5% of total spend with the supplier, during the audit period for a Fortune 100 Retailer.
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