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CLIENT ALERT:
Keane, Gelber Organizations Align to Create One-Stop Shopping for Multi-State Unclaimed Property and Tax Consultation Services
EDISON, NJ AND WAYNE, PA, August 14,
2007 - The Gelber Organization,
a multi-state and local tax-consulting
firm based in Edison, NJ, and the Unclaimed
Property Services Division of The Keane
Organization, a Wayne, PA-based compliance and
risk management firm announced today that they
have formed a strategic alliance.
The alliance will provide each firm’s
respective clients with additional expertise
in areas such as unclaimed property compliance
and regulatory issues as well as state and local
tax consulting and profit enhancement services.
Each organization brings to the alliance its
own, unique brand of expertise. With The Keane
Organization, in business for 57 years, that
means offering a full spectrum of unclaimed property
services from unclaimed property consulting and
compliance diagnostics to audit support services
and uncashed check & treasury management
programs. In addition, Keane is a true Holder
Advocate, which means it offers a comprehensive
suite of compliance solutions without any conflicting
obligations with states or audit work.
The Gelber Organization boasts a team of seasoned
tax and accounting professionals whose experience
spans government and the Big Four accounting
firms. Gelber offers expert tax consulting through
its Tax Advisory Group and revenue optimization
by way of its Profit Enhancement Group focusing
on cost reductions and examination of expenses.
"By aligning with Keane, The Gelber Organization
can provide information to our clients to protect
them from potentially damaging unclaimed property
audits and financial losses," said Arthur
Gelber, President of The Gelber Organization.
"There’s a natural synergy to this
alliance," said Gail Warner, President
of Unclaimed Property Services Division for Keane. "Simply
put, since it’s the law for companies to
file taxes and unclaimed property liabilities,
the synergy helps our clients identify their
liabilities as well as their legal exemptions
while meeting the requirements of the law."
Both organizations maintain that adding value
to their bottom-line-oriented clients was paramount
to their decision to partner. "States are
constantly looking at ways to increase revenue – and
the two primary vehicles to accomplish this are
taxes and unclaimed property. By providing
additional information to our customers about
ways to minimize risk in areas such as tax, our
clients are more likely to be able to turn compliance
threats into business opportunities," Warner
said.
About The Keane Organization:
Based in suburban Philadelphia, The Keane Organization,
Inc. is a leading provider of compliance and
risk management solutions to Fortune 1000 corporations,
financial institutions, and mutual funds. The
Keane Organization helps clients manage state
and federal compliance challenges in a way that
builds economic value with customers and preserves
key relationships with investors, employees,
and vendors. This ‘Beyond Compliance’ approach
allows executives to proactively address regulatory
issues and fiduciary responsibilities with programs
that measurably increase revenues. For
more information, visit www.keaneco.com.
About The Gelber Organization:
The Gelber Organization, founded in 1990,
is a consulting firm of Certified Public Accountants,
former senior state tax officials and other
tax professionals with particular expertise
in the highly specialized field of state and
local taxation. The
Gelber Organization practices in all fifty
states, providing services that compliment
the existing State and Local Tax (SALT) resources
of their clients’ personnel and outside
accountants. The company offers services through
its two divisions: The Profit Enhancement
Division, generally offered on a performance
basis, focuses on optimizing profits by examining
specific expense areas for possible refunds
and cost reductions; and, the Tax Advisory Division,
which provides expert representation on current
multi-state and local tax issues. For more
information, visit www.gelberorg.com.
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