Gadsden, Alabama— TaxBreak, an INC. 500 company is known as the market leader in business consulting services, specifically focused on identifying and processing tax credits and government incentives for U. S. businesses. NTC, National Tax Credit Group, LLC, a company specializing in sales distribution through an exclusive owner/operator franchise channel, works with national business accounts focusing on reducing tax liabilities. Today, the two companies announced a definitive merger agreement to enhance their business by combining the power of TaxBreak’s back-end tax credit processing center and the front end sales and distribution model of the NTC, National Tax Credit Owner/Operator franchise channel.
The merger with NTC, National Tax Credit Group, LLC, will further increase TaxBreak’s penetration in the business services market. “The combination of NTC’s sales and distribution model along with our proprietary technology and back-end processing expertise will solidify us as industry leaders,” said Shannon Scott, CEO and President of TaxBreak. “This partnership will result in greater efficiencies and significantly increase our market share.”
The integration of both companies will take place over the next few weeks as the NTC and TaxBreak brands are combined into one co-branded unit. “Our clients will continue to receive the same high quality business services and support of which they have come to expect,” stated Scott.
The merger of TaxBreak, LLC and NTC, National Tax Credit Group, LLC is effective February 01, 2010 and will operate under the name NTC, National Tax Credit, “a TaxBreak company.” Business operations will remain in Gadsden, Alabama and each company’s employees will be retained.
About TaxBreak, LLC
Founded in 1997, TaxBreak is a full service tax credit and revenue recovery solution and was established to assist companies and their CPA’s in identifying and filing tax credits and government incentives that over 90% of businesses overlook. The company aids by identifying the options to improve their client’s financial performance while lowering their effective tax rate. TaxBreak has developed and operates a patent-protected technology that efficiently discovers and processes tax credits.
About NTC, National Tax Credit Group, LLC
NTC is a national business consulting company which offers businesses and individuals the opportunity to own and operate an exclusive agent territory. NTC has distribution and sales offices throughout the U. S. market. The business’s core focus is to help businesses reduce income tax liability by identifying and processing the tax credit opportunities for which they are eligible. The company also offers a number of additional products and services to help businesses operate in a more effective and efficient process.
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