2. Table of Contents The Silver Oak Vision Management Team Network of Professionals Silver Oak Alliances Scope of Services Industries of Expertise Selected Results Fee Structure Contact Information
3. Our Vision Silver Oak Advisors is comprised of former Big 4 property tax professionals with over 40 years of property tax experience. Our practice is solely dedicated and focused on providing the best in class personal property and real estate tax services for our clients. The Silver Oak team has experienced and seasoned professional who are client service focused and who do ALL the work themselves. We don’t push it down to inexperienced staff who lack the years of experience necessary to fully understand the complexities of multi-state compliance and consulting. Our Directors are directly involved in property tax return preparation and negotiate with the taxing jurisdictions on behalf of our clients. This approach ensures that our clients receive the absolute highest quality service from some of the most experienced professionals in the business and distinguishes Silver Oak Advisors from the competition. Financial solutions that impact your bottom line.
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5. Twenty years experience in State and Local Taxation, including fifteen years with the Big Four professional services firms.
7. Experienced in full service property tax outsourcing, including personal property tax compliance, real estate & personal property consulting, tax appeals, audit defense, mergers and acquisition due diligence.
8. Developed specific initiatives and marketing studies within the transportation, chemical fertilizer, paper and pulp, sugar and high-tech industries to assist clients in reducing ad valorem property taxes, based upon functional and economic obsolescence trends. Georgia and South Carolina State Certified Real Estate Appraiser. Texas Senior Property Tax Consultant; Tennessee Licensed Property Tax Agent.
11. Former Industry Personal Property Department Manager, experienced with Corporate Aviation, Distribution, Retail, Transportation, Industrial Revenue Bonds/Abatements.
12. National experience in all state and local tangible personal property tax filings, appeals, assessment negotiations, audits, multi-state property tax compliance, in-house property tax function analysis and re-engineering and tax projections, property tax software integration.
17. Ten years experience in State and Local Taxation with the Big Four professional services firms, specializing in ad valorem property tax issues.
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19. Silver Oak AdvisorsAlliance Organizations & Memberships Member, Independent SALT Alliance (ISA) Member, Mississippi Manufacturing Association (MMA) Member, Georgia Association of Assessing Officials (GAAO) Member, Institute For Professionals In Taxation (IPT) Member, BDO - BRN Alliance Member, Florida United Tax Managers Association (FUTMA)
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21. Scope of Services Complex Industrial and Manufacturing Property Tax Services Pre and Post-Acquisition Due Diligence Tax Minimization Analysis Tax Incentives and Abatement Analysis and Implementation Construction in Progress Taxability Studies Inventory Valuation and Exemption Services Intangible Carve-Out Studies Fair Market Valuation and Ghost Asset Appraisals
32. Selected Results Alabama Paper and pulp manufacturer – abatement review, assessment reductions and refunds – annual tax benefit of $520,000. Alabama Automotive manufacturer – pollution control, tooling and personal property valuation review – value reduction of $24 million. Georgia Automotive manufacturer - assessment reductions and refunds – tax benefit of $571,000. Mississippi fertilizer manufacturer – tax abatements and assessment reductions – annual tax benefit of $290,000. National door manufacturer – assessment reductions – tax benefit of $1.2 million over a 3-year period. South Carolina high tech manufacturer -assessment reductions and refunds – one year tax benefit of $210,000.
33. Selected Results (continued) Mississippi industrial manufacturer – tax abatement project – annual benefit of $450,000. North Carolina truck manufacturer – real estate and personal property value reductions of $31.7 million. Georgia paper and pulp manufacturer – pollution control engagement – one year tax benefit of $590,000. Regional telecom service provider – functional and economic obsolescence – $100,000 annual benefit. Large Cable MSO – reclassification of taxable and non-taxable assets – $230,000 annually. National telecom service provider – functional and economic obsolescence – multiple year tax benefit of $140,000 annually.
34. Selected Results (continued) Florida For-Profit Healthcare Provider – a $205,000 real estate reduction. Georgia Hospitality Provider – a $127,000 real estate reduction. North Carolina Manufacturer– a $343,000 real estate reduction. Georgia State Services Provider – a $494,000 real estate reduction. Georgia Manufacturer - a $92,000 real estate reduction. Alabama Telecom Provider - a $51,000 real estate reduction. Tennessee Manufacturer - a $133,000 real estate reduction. Maintain and control $10,000,000 property tax liability for national telecom service provider through pro-active compliance. Kansas Manufacturer– Obtained a $68,000 personal property reduction.
35. Selected Results (continued) West Virginia Manufacturer – pollution control engagement – one year tax benefit of $113,000. Indiana Manufacturer - pollution control engagement – one year tax benefit of $340,000. Indiana Manufacturer - tax abatement project – annual benefit of $186,000. Kansas Manufacturer – intangible carve out– one year tax benefit of $184,000. Texas Manufacturer – assessment reductions – one year tax benefit of $143,000. Tennessee chemical manufacturer – assessment reduction and litigation support – 8-year tax benefit of $2.8 million.
36. Silver Oak Fee Structure Silver Oak Advisors strives to create a direct relationship between fees and savings results achieved. Silver Oak’s Perspective - Our fees are proposed based on a balance between the cost of service, the anticipated resulted and the level of risk associated with achieving those results. Client’s Perspective - The fee should reflect the relationship of risk level assumed and the potential benefit. Compensation structures will vary dramatically depending on the size scope and time needed to complete the project. Fees can be in the form of time and materials, contingent (performance based), flat fee or a blend of each. It comes down to what the client is most comfortable with.
37. Contact Information Glenn Williams ,CMI Brian Scully, CMI Managing Director Director, Telecom Practice Direct Dial 678.403.2977 Direct Dial 678.848.2893 glenn.williams@silveroakadvisors.combrian.scully@silveroakadvisors.com Jeff Talton Director, Industrial Properties Direct Dial 678.848.2571 jeff.talton@silveroakadvisors.com SILVER OAK ADVISORS, LLC 400 Galleria Parkway SE SUITE 1500 info@silveroakadvisors.com ATLANTA, GEORGIA 30339
