Smiling GenFi

General Financial and Tax Consulting is a mid-sized specialty state and local tax consulting firm made up of former members of state tax departments, corporate tax departments and CPA and consulting firms. We bring a unique perspective to the burden that state and local taxes can bring to your company.

General Financial and Tax Consulting (GFTC) offers a very deep bench in the complexity of state and local taxes. Keeping up with the ever changing world of state and local taxes takes expertise and a lot of time many companies just don’t have. Our experts have over 100+ years of combined state and local tax experience.

Our Sales & Use Tax Division offers a comprehensive service to assist banks in lowering their sales and use tax liability. Through skillful planning, our goal is to recover any past overpayments and reduce your tax liabilities up front. This approach will reduce your costs and maximize cash flow. We also offer a comprehensive review of gross receipts to help you lower these tax liabilities. This process includes a complete analysis of reporting elections and training your employees to continue the identified savings initiatives.

Our Compliance Division provides a state-of-the-art compliance process with respect to Personal Property Tax Compliance and Audit Management and Business License and Permit Compliance and Management Services. Our products and services can and will be customized to the specific needs and requirements of each client. We design and implement the most accurate, cost-effective process for our clients. The number of locations for our current client base ranges from 20 to 5,000. This is made possible by the enhanced utilization of the software provided by Tax Compliance, Inc. (TCI) for these services.

The professionals at GFTC specialize in:

Sales & Use Tax Services -

  • Sales/Use Tax Returns
  • Gross Receipts Tax
  • Reverse Audits
  • Nexus Research and Review

Compliance Services -

  • Personal Property Tax Compliance
  • Business License and Permit Management
  • Unclaimed Property/Escheatable Property