Fuels and Excise Tax Practice
Ryan's fuels and excise tax experts work with our clients to solve
a variety of issues, such as performing reviews that
result in refunds of state and federal fuels tax on
transportation and non-transportation equipment. Our professionals
also have the industry expertise to conduct audit
support for state or federal fuels tax audits. Federal excise tax is
one of the many specialties within Ryan that enables us to
provide additional value to our clients in the transportation industry.
Services Provided:
We are committed to working with our clients to determine the proper taxation of fuels
and excise taxes within a review or audit and offer a
comprehensive service portfolio that includes:
- Audit defense for both fuels and excise taxes
- Refund reviews and planning for reductions of federal excise taxes
- Refund reviews for overpayment of federal, state, and local fuels tax for aviation equipment
- Refund reviews for overpayment of federal, state, and local fuels tax for off-road usage
- Refund reviews for overpayment of federal, state, and local fuels tax for on-highway transportation equipment
- Refund reviews for overpayment of federal, state, and local fuels tax for specially designed mobile machinery
Industry Expertise:
Our tax team partners with various clients
that rely heavily on fuel, including airlines, railroad companies, private and commercial
trucking companies, manufacturers, utility companies, and ocean vessels.
We have identified more than $25 million in refunds for our clients and continue to
aggressively pursue refunds.
We also provide
audit defense services to our clients.
Some examples of our experience include:
- $2.2 million in tax refunds for a major airline company
- $.9 million in tax refunds for a major concrete company
- $.8 million in tax refunds for a major helicopter company
- $.6 million in tax refunds for a major electric utility
In addition to these accomplishments, Ryan is active in the National
Accounting Finance Council within the American Trucking Association, is a
current member of the Industry Advisory Board for the International Fuels Tax
Association, and participates frequently in speaking engagements within the
United States and Canada.
For more information regarding Ryan's fuels and excise tax services,
please contact us at 913.338.2005.
In the News
Ryan & Company Launches Fuel and Excise Tax Consulting Practice.