Over the course of two years, multi-unit convenience store operator saves more than $1 million on taxes

Our client’s need

Our client is the owner of a growing, multi-unit convenience store operating company looking for ways to reduce their annual taxes.

Baker Tilly solution

The Baker Tilly team was selected because of our deep retail industry experience related specifically to our specialization in convenience store tax strategy, advisory, and consulting services. To assist our client in reaching their tax goals, we utilized a number of practices, including:

  • Reviewing current practices and discovering errors in depreciation records
  • Implementing a change of accounting method
  • Reviewing and analyzing entity structure to maximize tax savings
  • Developing a new entity and ownership model for the company

Results achieved

As a result of our recommendations, the client recognized more than $1,000,000 of tax savings over a two year period.

For more information on this topic, or to learn how Baker Tilly specialists can help, contact our team.


The information provided here is of a general nature and is not intended to address the specific circumstances of any individual or entity. In specific circumstances, the services of a professional should be sought. Tax information, if any, contained in this communication was not intended or written to be used by any person for the purpose of avoiding penalties, nor should such information be construed as an opinion upon which any person may rely.  The intended recipients of this communication and any attachments are not subject to any limitation on the disclosure of the tax treatment or tax structure of any transaction or matter that is the subject of this communication and any attachments.