Hedge Fund Manager #1

CWS identified errors in a client’s 2014 and 2015 returns that had resulted in client’s approximately $1 million overpayment in federal and state taxes. For 2016, client requested CWS complete a “parallel” return to compare it to that prepared by a top-4 accounting firm. CWS corrected an error in the return that resulted in savings of $1.1 million. In addition, CWS discovered an omitted election resulting in a $1.2M claim. Combined, CWS saved the client an estimated $3.3 million over a span of six months.