MFR, P.C. Launches New Corporate Tax Staffing and Co-Sourcing Practice

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MFR, P.C. (MFR) has seen an increased need among corporate tax clients to fill gaps in their existing tax departments or complete large special projects. Although reports indicate that economic conditions are improving, corporate clients are still cautious in hiring. Responding to clients’ needs, MFR has launched its Corporate Tax Solutions practice to provide supplemental tax staff manpower managed by seasoned tax executives to support day-to-day activities or special projects related to domestic, U.S. international, and state and local tax issues.

Companies can access top talent possessing specialized skills without the cost of hiring, training, benefits and more associated with hiring a permanent employee

MFR, P.C. (MFR), a Houston-based CPA and advisory firm with a specialty in corporate tax services, announced today the launch of its Corporate Tax Solutions practice. This new practice, led by Matt Martina, CPA, head of MFR’s tax practice, and Michael Owens, MFR corporate recruiter, offers corporate tax co-sourcing solutions to help businesses meet their ever-increasing compliance burden without permanently increasing their staff. In a typical co-sourcing engagement, MFR provides clients with tax staff manpower managed by qualified executive-level tax personnel with Big Four experience while the client retains operational oversight.

According to Matt Martina, while the economy is improving, many companies are still hesitant to hire full-time permanent employees. “MFR’s co-sourcing solutions are beneficial because companies can access top talent with specialized skills without the cost of hiring, training, benefits and more associated with hiring a permanent employee,” Martina stated, “Co-sourcing can result in a 10-30% cost savings over traditional hiring.”

Beyond cost savings, Michael Owens highlights other benefits of the services. “Co-sourcing enables the retention of institutional knowledge because the company has ultimate oversight and, thus, more control than in a traditional outsourcing arrangement. The client retains their internal resources and has insight into the day-to-day activities of the co-sourced staff,” Owens says, “Augmenting existing staff with temporary tax professionals can allow tax department leadership to increase capacity and effectively meet business goals.”

MFR’s Corporate Tax Solutions practice can assist on domestic, U.S. international, and state and local tax matters. For additional information on the Corporate Tax Solutions, contact MFR by calling (713) 622-1120 or visit our website http://www.mfrpc.com/Services/Tax/CTS

About MFR
MFR, P.C. is a certified public accounting and advisory firm offering comprehensive audit, tax, advisory and project services to businesses and governmental entities (http://www.mfrpc.com). Since its founding in 1988, the firm has provided clients with Big Four expertise and the small firm agility that they have come to expect. MFR serves clients across multiple industries with a special focus on international business, U.S. international tax and special projects. With offices in Houston, The Woodlands, New Orleans and Washington DC, and an affiliation with JHI, a global network of services firms, MFR is well-equipped to help you tackle your challenges – wherever you do business.

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Megan O'Kain

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