True Partners Consulting is a global tax consulting firm founded in 2005 that has grown to over 200 employees. They provide tax and business advisory services to Fortune 1000 companies and help clients navigate complex tax issues, improve processes, and find customized solutions. Their services include tax planning, mergers and acquisitions support, compliance, and risk management.

1. True Partners Consulting - Business Overview
Meeting with Old World Industries, Inc.
February 23, 2010

2. About True Partners
 Founded in November 2005 by former partners of the Big 5 in
response to market demand for a global, independent, multi-
disciplinary tax service firm.
 True Partners is one of the fastest growing professional full
service tax consulting firms in the U.S. growing to 30 Managing
Directors and over 200 employees in just over four years.
 The firm has six locations in the United States and a rapidly
growing international network.
 Focused on assisting clients with complex business problems for
Fortune 1000 and emerging, high-growth companies.
 Named as one of Consulting Magazine’s 2008 Seven Small
Jewels.
©2010 True Partners Consulting LLC. All rights reserved. Printed in the U.S.A. 2

3. True Partners Advantage
 Solution Partner – Our firm partners with clients to
navigate the complexities of taxation, assign operational
significance to the activities of tax and finance teams, engineer
efficient processes based on best practices, and provide custom
solutions while maintaining core values encompassing quality,
value and integrity.
 Advocacy – True Partners is an independent tax and
business advisory firm that provides world-class technical
expertise without the potential Sarbanes-Oxley conflicts.
 World-Class Expertise – Our firm is comprised of
seasoned tax and multi-disciplinary business professionals with
Big Four, professional consulting, and senior corporate tax and
finance experience.
©2010 True Partners Consulting LLC. All rights reserved. Printed in the U.S.A. 3

4. True Partners Advantage
 Client Service Excellence – We partner with our
clients to provide the highest caliber of service focusing on
innovative solutions customized to address the specific needs of
your business issue.
 Value Creation – We field a team of seasoned
professionals who possess technical expertise and practical
experience to handle all of your tax and business advisory needs.
 Comprehensive Offering – Our firm has a broad
range of professional experience and expertise in providing tax
services in all areas of federal, state and international taxation as
well as experience and expertise in providing business advisory
services.
©2010 True Partners Consulting LLC. All rights reserved. Printed in the U.S.A. 4

5. Service Offering:
Advisory Services
 Tax Risk Management  Subchapter C Tax Planning
 Process Re-engineering & Technology  International Tax Planning – Inbound &
Integration Outbound
 Mergers & Acquisitions and Corporate  Transfer Pricing
Reorganizations  Partnerships & Partner Taxation
 Tax Due Diligence  Inventory & Accounting Methods
 Business Restructuring  Income Tax Credits & Tax Attributes Planning
 Operational Consulting  Sales & Use Tax Advisory
 Bankruptcy & Distressed Companies  Site Selection & Negotiated Incentives
 Expert Witness Testimony & Litigation  Property Tax Appeals
Support Services
 Unclaimed Property
Tax Opinions
Flex Staffing
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 Tax Dispute Resolution & Audit Defense
©2010 True Partners Consulting LLC. All rights reserved. Printed in the U.S.A. 5

6. Service Offering:
Service Offering:
Compliance Services
Advisory Services
 FAS 109 - Accounting for Income Taxes  International Tax Compliance
 Preparation & Review Services  Sales & Use Tax Compliance
Financial Reporting Assistance
Personal Property Tax Compliance
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 Deferred Tax Analysis
 Training  Incentives Compliance
 FAS 141R  Unclaimed Property Annual Reports
 FIN 48  Tax Technology Selection & Implementation
Tax Provision Applications
 FAS 123R: APIC Pool 
 Tax Compliance Applications
 FAS 5  Global Tax Calendars
 SOX 404 Documentation, Design & Testing  Data Collection & Data Management Applications
 IFRS  Tax Portals & Work Flow Applications
 Federal Income Tax Compliance
 State Income & Franchise Tax Compliance
©2010 True Partners Consulting LLC. All rights reserved. Printed in the U.S.A. 6

7. ©2010 True Partners Consulting LLC. All rights reserved. Printed in the U.S.A. 7

8. Office
Contact Information: Locations
Andrea Gronenthal, CPA
Managing Director & Service Line Leader –
Tax Risk & Process Re-engineering
 Domestic:
 Boston, MA Chicago Office
Office: (312)235-3328
 Chicago, IL (headquarters) Cell: (312)835-1184
 Los Angeles, CA Andrea.Gronenthal@TPCtax.com
 Melville, NY
 San Jose, CA
 Tampa, FL
©2010 True Partners Consulting LLC. All rights reserved. Printed in the U.S.A. 8

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