Case Study: Personal Property Tax

KeyW Corporation

About Keyw

KeyW is a national security solutions provider with nearly 2000 employees. Their advanced engineering and technology solutions support the collection, processing, analysis and dissemination of information across the full spectrum of the Intelligence, Cyber and Counterterrorism communities. They operate in five main areas – cyber, geospatial, cloud and data analytics, engineering, and analysis and operations – solving complex problems including preventing cyber threats, transforming data into intelligence and combating global terrorism.

The Project

KeyW was already a Clearview client. We recommended reviewing their previously filed Maryland Personal Property Tax Returns for refund opportunities. Since we do this on a contingent fee basis there was no risk for KeyW.

How Clearview Gave keyw a Win

KeyW provided their returns and the supporting fixed asset details. We reviewed this information and identified opportunities to recategorize assets and take full advantage of available eligible exemptions.

We filed amended returns on KeyW’s behalf and worked with the State to secure refunds of approximately $140,000 in tax. During our engagement we also saved the Company another $40,000 in personal property tax in connection with the sale of an entity. KeyW was so pleased with our work that we’re now engaged to prepare the Company’s multi-state personal property tax returns.

 

Client

KeyW Corporation

Company Type

Engineering & Technology Development

Annual Revenue

Approximately $500M

Corporate Headquarters

Hanover, MD

Expertise

State & Local Tax Services

Clearview Team Lead

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