Alternate Tax Solutions

What Alternate Tax Solutions does

Alternate Tax Solutions (ATS) is a U.S. tax strategy and consulting firm founded in 2009 and headquartered in North Smithfield, Rhode Island, operating as a privately held LLC domiciled in Illinois. The firm specializes in four interlocking service lines: federal and multi-state R&D tax credit studies (IRS Section 41 compliant); engineered cost segregation studies that accelerate depreciation on commercial real estate; certified corporate and strategic business valuations (IRS Revenue Ruling 59-60 and NACVA standards); and Section 179D energy-efficient building deductions. It has expanded into recurring Virtual CFO and bookkeeping engagements, supported by industry-specific R&D credit calculators and a cost segregation benefit estimator used as lead-generation tools. ATS's client base spans R&D-intensive industries (manufacturing, software development, biotech, construction, architecture) and commercial real estate owners, with delivery conducted either directly to business clients or indirectly through CPA firm referral partnerships. Revenue is generated under a professional services model — fees structured as a percentage of tax savings generated or fixed-fee project engagements, with free no-cost preliminary analyses used as the primary conversion mechanism. The firm is family-led (Parrish family principals including Managing Partner Andrew Parrish Jr., President Emeritus Andrew Parrish, and Partner Sean Parrish), has no outside institutional investment, and operates with a 11–50 employee team distributed across credentialed tax, valuation, and accounting professionals.

Name

Alternate Tax Solutions

Legal name

Alternate Tax Solutions, LLC

Website

https://alternatetaxsolutions.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Alternate Tax Solutions is a U.S. tax advisory firm that provides R&D tax credit studies, cost segregation analyses, business valuations, and Virtual CFO services to mid-market businesses, delivered directly and through CPA firm referral partnerships.

Ownership category

akta.pro rank

Product category

Tax Advisory Services

NAICS

Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412), Tax Preparation Services (541213), Offices of Certified Public Accountants (541211)

akta.pro primary industry

Tax Advisory & Compliance (BPAHABAB)

akta.pro secondary industries

Transaction Tax Structuring & Deal Advisory (BPAHAOAJ), Tax Valuation & Transfer Pricing Support (409A, estate/gift, intercompany) (FSAEAHAC)

Keywords

• R&D tax credits
• Cost segregation studies
• Business valuation services
• 179D energy deductions
• Virtual CFO services

Headquarters

HQ city

North Smithfield

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Tax Strategy Consulting Services: Professional services revenue generated from conducting R&D tax credit studies, cost segregation analyses, business valuations, and related tax consulting engagements. Fees are likely structured as a percentage of tax savings generated or fixed-fee engagements based on scope of work.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Alternate Tax Solutions is a U.S. tax strategy consulting firm that delivers professional R&D Tax Credit Studies, Cost Segregation Studies, Corporate and Strategic Business Valuation, Section 179D Energy-Efficient Building Deductions, and Virtual CFO & Bookkeeping Services. The firm supports these offerings with IRS-compliant documentation processes, free no-cost preliminary analyses, and industry-specific benefit calculators, engaging CPAs as channel partners and businesses directly as clients.

Product overview

Alternate Tax Solutions (ATS) is a tax strategy and consulting firm — not a software product company. Its offering is a suite of professional advisory services organized around a core set of tax credit and deduction strategies. The main service lines are: R&D Tax Credit Services (federal and multi-state), Cost Segregation Studies, Corporate Business Valuation, Strategic Business Valuation, Section 179D Energy Efficient Building Deductions, and Virtual CFO & Bookkeeping Services. These are supported by industry-specific R&D Credit Calculators/Estimators (covering Aerospace, Architecture & Engineering, Biotech/Life Sciences, Construction, Job Shop, Manufacturing, Manufacturing Integration & Automation, Mining, and Software Development) and a Cost Segregation Benefit Estimator. ATS also provides white papers and educational resources for CPA partners. The company primarily serves CPAs, advisors, and their clients, positioning its services as a value-add through CPA partnerships.

Differentiator

Problem solved

Functional benefit

Products and services

• R&D Tax Credit Services R&D Tax Credit Services help companies identify and claim federal research and development tax credits by performing qualified research studies that meet IRS Section 41 standards, including wage, contractor, supplies, and cloud expense analysis. Services are delivered to U.S. businesses with qualifying research activities.
• State R&D Tax Credit Services State-specific R&D tax credit advisory covering qualifying activities and calculation methods across multiple U.S. states including Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, and many others, for businesses pursuing state-level research credits.
• Cost Segregation Studies Engineered cost segregation studies that reclassify building components into shorter depreciation schedules to accelerate tax deductions for commercial real estate owners, often generating 20–30% of purchase price deductions in year one.
• Corporate Business Valuation Certified business valuation reports compliant with IRS Revenue Ruling 59-60 and National Association of Certified Valuation Analysts standards, providing fair market value assessments for business transactions, estate planning, buy-sell agreements, divorce/forced exit, litigation, and exit planning.
• Strategic Business Valuation Strategic valuation reports providing current business value and a roadmap to increase value, including 50–80+ page intrinsic value reports, industry analysis, and numeric predictions for future value improvement.
• Section 179D Tax Deductions Section 179D tax deductions for energy-efficient building systems including HVAC, lighting, building envelope, and hot water, allowing building owners and designers to deduct up to $5.81 per square foot for buildings meeting ASHRAE 90.1-2007 energy reduction standards.
• Virtual CFO & Bookkeeping Services Outsourced financial management including virtual CFO services, bookkeeping, payroll setup, account reconciliation, financial statement preparation, forecasting, budgeting, and KPI tracking for business clients.

Quantifiable outcome

• For every dollar of qualified research expenditure, companies receive between 8 and 10 cents of tax credits.
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves1 record

Expansion highlights5 records

Direct peers

• Tax Credit Co. R&D tax credit specialty firm serving startups, tech, life sciences, and manufacturing clients — comparable to ATS in R&D tax credit focus and CPA-referral distribution model.
• KBKG: Specialty tax firm focused on R&D tax credits, cost segregation, and fixed-asset services for CPAs and their business clients across the U.S. — comparable to ATS in target customer (CPA firms + R&D-intensive businesses) and service-line composition.
• Engineered Tax Services: Specialty firm delivering engineered cost segregation studies, R&D credits, and 179D deductions to commercial property owners and CPA partners — directly overlaps ATS's core offerings of cost segregation and R&D tax credit services.
• Alliant Group: One of the largest U.S. specialty tax credit consultancies offering R&D tax credits, cost segregation, and energy-efficiency deductions to mid-market and enterprise businesses via CPA referral channels — directly comparable in service mix and GTM motion to Alternate Tax Solutions.
• Cost Segregation Services, Inc. Dedicated cost segregation study provider serving commercial real estate owners and CPA firms nationwide — comparable to ATS's cost segregation practice line and CPA channel GTM.

Broad incumbents

• Andersen Tax: National tax and advisory firm with dedicated specialty tax credit and incentives practices serving larger corporate clients — a broader incumbent competing with ATS for high-end R&D credit and valuation engagements.
• Eide Bailly: Large regional accounting and advisory firm with specialty tax services including R&D credits and cost segregation for mid-market companies — broad incumbent offering overlapping capabilities as part of a wider professional services portfolio.
• Wipfli: Top-20 U.S. accounting and advisory firm with established R&D tax credit, cost segregation, and specialty tax practices serving mid-market clients — broader incumbent that competes with ATS for the same CPA-mediated client relationships.
• Withum: Mid-Atlantic accounting and advisory firm with R&D tax credit and specialty tax practices serving tech, life sciences, and manufacturing — comparable to ATS in service-line and target verticals, but operates as part of a broader full-service firm.
• Moss Adams: Top-15 U.S. accounting and business advisory firm with tax credit and incentives services for mid-market and enterprise clients — broad incumbent with overlapping specialty tax capabilities relative to ATS.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/alternatetax
• Facebookfacebook.com/AlternateTaxSolutions
• LinkedInlinkedin.com/company/alternate-tax-solutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Alternate Tax Solutions