"Like many other companies today, we have limited resources in our Tax Department. Although there were some indications that there may be some savings opportunities in the sales and use tax area, we never had the luxury of committing staff to a project where the potential savings were not clearly quantifiable. Without knowing the amount of potential tax savings before initiating such a project, your company's contingent fee arrangement provided a risk-free savings opportunity and a perfect complement to our Tax Department's efforts.

"Further, the ability of the Pegasus professionals to quickly understand Conrail's complex accounting systems, work independently to obtain necessary documentation (your auditing backgrounds became evident) and completely handle all communications with the various taxing jurisdictions, allowed the Tax Department staff to continue their efforts without disruption."

John A. McKelvey 

Senior Vice President, Finance 

Conrail, Philadelphia, PA

(In reference to recouping overpaid sales tax from Ohio....)

"The efficient and professional manner in which Pegasus represented GELCO, who in the eyes of Ohio was the responsible taxpayer, is very much appreciated. Your firm's ability to prepare the refund claim based solely upon the documentation available at our client's offices resulted in recovering over $700,000 without expending any of GELCO's staff resources. It would have been extremely difficult for my staff to dedicate the time needed to prepare a claim of that size and to work with the taxing authorities to resolve any disagreements."

Donald R. Benke 

Manager, Sales & Use Tax 

GE Capital Corp.

Florida Office
8916 Tropical Court
Fort Myers, FL 33908
Telephone: 239-415-1985
Fax: 239-415-1906