Tax Law Solutions
Tax Law Solutions is a privately held US tax consulting firm serving business owners and high-income individuals with 50+ IRS-coded tax planning strategies and Puerto Rico tax incentive expertise (Acts 20, 60, 73, 273), delivered via a fixed-fee, 6-step engagement model.
- Company typePrivate
- Founded1998
- HeadquartersSchaumburg, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Tax Law Solutions does
Tax Law Solutions (TLS) is a privately held US tax consulting firm, legally organized as Tax Law Solutions, Management and Marketing Services, LLC, headquartered at 268 Muñoz Rivera Avenue, Suite 1006, San Juan, Puerto Rico. Founded in 1998 and operating with 101-250 employees, the firm specializes in proactive tax planning for two core customer segments: business owners seeking to optimize their business structure for tax efficiency, and high-income/high-net-worth individuals pursuing significant tax reductions through Puerto Rico's tax incentive framework under Acts 20, 60, 73, and 273.
The firm's core offering is a curated library of 50+ advanced tax planning strategies, all written within the IRS tax code, delivered through a proprietary 6-step client engagement process that begins with a complimentary comprehensive tax analysis. Headline services include the Puerto Rico Tax Saving Strategy (with claimed reductions to a 4% effective corporate tax rate on PR-sourced income), Business Structure engineering, Tax Strategy development, and Retirement Savings planning — branded as the '3S's'. The firm emphasizes a proactive, planning-led posture in contrast to the reactive, compliance-focused approach it attributes to typical CPAs and tax attorneys.
TLS is not a law firm or CPA firm but a tax consulting firm that charges fixed one-time tax-deductible fees based on project scope, without contingency or percentage-of-savings arrangements. Distribution is sales-led via direct phone inquiry (1-678-TAX-HELP) and a content-marketing website, supplemented by referrals from satisfied clients and professional networks. The firm is founder-led by Managing Partner Richard M. Colombik, JD, CPA, whose prior roles include Big Four tax management and IRS liaison work, supported by Jeremy Colombik, CPA as President of Management Services International. The firm has no external funding, no M&A history, and no public financial disclosures.
Tax Law Solutions firmographics
Firmographics- Name
- Tax Law Solutions
- Legal name
- Tax Law Solutions, Management and Marketing Services, LLC
- Website
- https://taxlawsolutions.net
- Company type
- Private
- Founded year
- 1998
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Tax Law Solutions is a privately held US tax consulting firm serving business owners and high-income individuals with 50+ IRS-coded tax planning strategies and Puerto Rico tax incentive expertise (Acts 20, 60, 73, 273), delivered via a fixed-fee, 6-step engagement model.
- Ownership category
- akta.pro rank
Tax Law Solutions industry classification
Industry- Product category
- Tax Consulting Services
- NAICS
- Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412), Other Accounting Services (541219)
- akta.pro primary industry
- Tax Advisory & Compliance (BPAHABAB)
- akta.pro secondary industry
- Transfer Pricing & International Tax Services (BPAHABAI)
Keywords
Where Tax Law Solutions is headquartered
LocationHeadquarters
- HQ city
- Schaumburg
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Tax Law Solutions business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Tax Consulting Services: TLS charges a fixed one-time tax deductible fee based on the scope of the project. They are not a law firm or CPA firm - they are a tax consulting firm. They do not work on contingency or percentage of savings.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Complimentary initial tax analysis |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Tax Law Solutions product offering
Product offeringCore offering
Tax Law Solutions is a tax consulting firm that helps business owners and high-income individuals reduce their tax burden through over 50 advanced IRS-compliant tax planning strategies. The firm's primary differentiation is specialized expertise in Puerto Rico tax incentive acts (Act 20, Act 60, Act 73, Act 273) and a 6-step client engagement process that begins with a complimentary comprehensive tax analysis, charging fixed one-time tax-deductible project fees rather than ongoing retainers.
Product overview
Tax Law Solutions is a tax consulting firm offering a comprehensive suite of tax savings services centered around three core pillars: Business Structure, Tax Strategy, and Retirement Savings. The company's primary offerings include Puerto Rico tax incentive strategies (Act 20, Act 60, Act 73, Act 273), which allow businesses to reduce federal taxes to as low as 4% on Puerto Rican-sourced income. The company claims to have over 50 different advanced tax planning strategies, all IRS-compliant. Services are delivered through a 6-step client engagement process with an initial complimentary comprehensive tax analysis. TLS is not a law firm or CPA firm but rather a consulting firm that charges fixed one-time tax-deductible fees based on project scope.
Differentiator
Problem solved
Functional benefit
Products and services
- Puerto Rico Tax Saving Strategy Tax incentive programs under Puerto Rican Acts (Act 20, Act 60, Act 73, Act 273) enabling businesses and individuals to reduce or eliminate U.S. federal taxes on income earned in Puerto Rico, with corporate tax rates as low as 4%.
- Business Structure Services Engineering of tax plans to ensure proper business structuring that utilizes sophisticated tax strategies available exclusively to business owners, addressing structure-specific tax implications.
- Tax Strategy Development Implementation of over 50 different advanced tax planning strategies for clients, each written within the IRS tax code and tailored to client business and personal situations.
- Retirement Savings Planning Advanced business and tax strategies enabling business owners to protect their business, safeguard income, and save for retirement using tax-efficient structures.
- Consulting Services Outsourcing solutions and professional tax consulting engagements for business owners and high-income individuals, delivered via the firm's 6-step client engagement process.
- Complimentary Tax Analysis Complimentary comprehensive tax analysis offered to qualified business owners and high-income individuals as the first step in the 6-step client engagement process to assess tax reduction opportunities.
Quantifiable outcome
- 30-40% reduction in quarterly tax payments
- +1 more outcomes
Companies that use Tax Law Solutions
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
Tax Law Solutions technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Tax Law Solutions partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Puerto Rico Economic Development BoardcoreTLS leverages Puerto Rico's tax incentive programs (Act 20, Act 60, Act 73, Act 273) to help clients reduce tax burdens. The firm is deeply integrated with Puerto Rico's economic development ecosystem targeting high net worth individuals and businesses seeking to relocate or establish operations in Puerto Rico.
Scale indicators3 records
Recent moves5 records
Expansion highlights5 records
Tax Law Solutions competitors and assessment
Company assessmentEmerging players
- Alvarez & Marsal Tax Advisory: A&M's Tax Advisory practice focuses on complex tax controversy, restructuring, and credits — overlapping with TLS on sophisticated planning for business-owner clients facing complex tax situations.
Direct peers
- RSM US: RSM is a mid-tier accounting and tax advisory firm with active Puerto Rico and international tax practices serving middle-market business owners. Closely comparable to TLS in target market and engagement style.
- Baker Tilly US: Baker Tilly provides tax advisory for middle-market and high-net-worth clients including international/territorial tax strategies. Similar positioning to TLS as a mid-sized specialized tax consultancy.
- Andersen Tax (Andersen): Andersen is a major tax advisory firm with a substantial Puerto Rico practice covering Acts 20/60 advisory and cross-border structuring. Directly competes with TLS for business owner and high-net-worth clients seeking sophisticated US-PR tax planning.
- BDO USA: BDO maintains one of the largest Puerto Rico tax practices among mid-tier firms, advising on Act 60/20 incentives and serving business owner clients relocating to PR. Competes with TLS on PR-specific tax strategy and broader corporate tax planning.
- Ryan LLC: Ryan is a specialty tax services firm focused on property, sales/use, and corporate tax credits — a similarly mid-sized specialist that competes for sophisticated tax advisory engagements with business-owner clients.
- Grant Thornton US Tax: Grant Thornton serves mid-market businesses with tax advisory including international and territorial structuring. Competes with TLS for business owner clients seeking sophisticated but accessible tax planning.
Broad incumbents
- EY US Tax Practice: EY's US tax practice includes a dedicated Private Client Services and international tax team that advises HNW individuals on domicile optimization including PR Acts. A broad incumbent competitor to TLS for sophisticated client engagements.
- PwC US Tax Practice: PwC's US tax practice offers full-service tax planning including international/territorial structuring and PR incentive advisory. Competes with TLS at the high end of the market with much broader service capabilities.
- KPMG US Tax Practice: KPMG's US tax practice serves enterprise and high-net-worth clients with comprehensive tax advisory including Puerto Rico incentives. A broader incumbent whose PR practice overlaps with TLS for larger engagements.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key highlights7 records
Customer concentration
Tax Law Solutions social profiles
Digital presenceTax Law Solutions financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tax Law Solutions leadership team
Management profileNumber of profiles
Profiles2 records
Tax Law Solutions funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tax Law Solutions M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tax Law Solutions
What does Tax Law Solutions do?
Tax Law Solutions is a tax consulting firm that helps business owners and high-income individuals reduce their tax burden through over 50 advanced IRS-compliant tax planning strategies. The firm's primary differentiation is specialized expertise in Puerto Rico tax incentive acts (Act 20, Act 60, Act 73, Act 273) and a 6-step client engagement process that begins with a complimentary comprehensive tax analysis, charging fixed one-time tax-deductible project fees rather than ongoing retainers.
Is Tax Law Solutions a public or private company?
Tax Law Solutions is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Tax Law Solutions founded?
Tax Law Solutions was founded in 1998. It employs 101 to 250 people.
Where is Tax Law Solutions based?
Tax Law Solutions is headquartered in Schaumburg, United States, in the North America region.
How does Tax Law Solutions make money?
One revenue line is on record: tax Consulting Services.
Who are Tax Law Solutions's main competitors?
Alvarez & Marsal Tax Advisory is listed as an emerging player. Direct peers are RSM US, Baker Tilly US, Andersen Tax (Andersen), BDO USA, Ryan LLC and Grant Thornton US Tax. Broad incumbents are EY US Tax Practice, PwC US Tax Practice and KPMG US Tax Practice.
Does Tax Law Solutions have an API?
No public API is recorded for Tax Law Solutions.
What industry is Tax Law Solutions in?
Tax Law Solutions's product category is Tax Consulting Services. Its primary akta.pro industry code is BPAHABAB, Tax Advisory & Compliance, with a secondary code of BPAHABAI, Transfer Pricing & International Tax Services. Its NAICS code is 5412.