Ryan LLC

Ryan LLC
Private
Industry Consulting, tax services
Founded 1991
Founder G. Brint Ryan
Headquarters Dallas, Texas
Revenue $406 million[1] (2013)
Number of employees
 2,000[2]
Website www.ryan.com

Ryan LLC, based in Dallas, Texas, is a tax services and consulting firm.[3][2] Ryan LLC has more than 9,000 clients in over 40 countries.[4] The company has over 67 locations, including locations in Canada, the Netherlands, the United Kingdom,[5][6] India, Hungary,[7][8] Mexico, Singapore, and Australia.[5] Ryan LLC works with companies including 7-Eleven, the Kroger Company, Walmart Stores, and Johnson & Johnson.[9]

History

Ryan LLC was founded by chairman and CEO G. Brint Ryan[10] in 1991.[11] In 2007, the company launched myRyan, a results-focused work environment, as a pilot program in its Houston office. The company implemented the program through the entire company in 2008.[12][13]

In 2012, Ryan LLC acquired the TAARP Group, a tax and penalty review firm.[14] Since 2012, Ryan LLC has been included on the Inc 5000 list of fastest growing companies.[15] Ryan LLC acquired the property tax services business from Thomas Reuters in January 2013.[16] The company reported a revenue of $390 million in 2013.[15] That same year, Ryan LLC established Culture Council, a team of employees from around the globe that review all internal and external employee feedback data in order to recommend change and improvement for the betterment of the business.[17] Ryan LLC was featured on the Working Mother list of 100 best companies in 2013 and 2014.[18][19]

Ryan LLC opened an office in Paris with Jean-Paul Ousksel, president of the VAT commission of Mouvement des Entreprises de France, as principle of the office in 2014.[20] In November 2014, Ryan LLC announced its purchase of WTP Advisors, an independent tax services firm.[21][22]

Ryan purchased Taxaccord, a tax automation services firm, in January 2015.[23][24] In March 2015, Ryan LLC acquired Second Decimal, a tax technology firm.[25][26] Also in 2015, Ryan LLC made the Fortune list of 100 Best Companies to Work For.[27]

Employees of Ryan LLC contribute to political campaigns through Ryan PAC, a political action group formed by the firm.[28]

Litigation

In August 2014, the Governor's Office of Business and Economic Development prohibited site-selection consultants from taking a percentage of the California Competes tax credit, a tax break given to businesses planning on locating or expanding in the state. Ryan sued GO-Biz shortly after the agency implemented the tax credit ban, alleging the prohibition violates the state of California constitution.[29]

In 2014, Ryan LLC won a lawsuit against the IRS regarding Circular 230 rules on contingent fee arrangements that invalidates and permanently enjoins the IRS from prohibiting such arrangements for refund claims and amended returns. The district court ruled that the IRS did not have the statutory authority to place these restrictions.[30]

Philanthropy

Ryan LLC volunteers work with Habitat for Humanity and have built a neighborhood resource center as well as a family residence. The company received the 2012 Spirit of Habitat award for advocating and raising awareness of the program.[14] In 2013, Ryan offices sponsored outreach initiatives for 77 community organizations, including the American Red Cross, The Salvation Army Angel Tree, Ronald McDonald House Charities, and food and clothing banks and shelters.[1]

References

  1. 1 2 "Ryan LLC". Great Place to Work. Retrieved July 3, 2015.
  2. 1 2 "50 Best Places To Work For New Dads". Fatherly. April 28, 2015. Retrieved July 3, 2015.
  3. ↑ Aman Batheja (November 18, 2014). "Consultants Get a Cut of State Incentive Deals". Texas Tribune. Retrieved July 3, 2015.
  4. ↑ "Hungarian Trusts increasingly popular for foreign investors". Wealth Adviser. September 4, 2015. Retrieved July 3, 2015.
  5. 1 2 Candace Carlisle (June 29, 2012). "Tax services firm Ryan prepares for growth". Dallas Business Journal. Retrieved July 3, 2015.
  6. ↑ "The Single, Most Successful Business Strategy" (PDF). Great Place to Work. Retrieved July 3, 2015.
  7. ↑ "Hungary". World Tax. Retrieved July 3, 2015.
  8. ↑ Chris Bale (February 5, 2014). "Ryan launches office in Hungary led by Dr. Balazs Bekes". Tax Grotto. Retrieved July 3, 2015.
  9. ↑ "Company Overview of Ryan, LLC". Bloomberg. Retrieved July 3, 2015.
  10. ↑ Cheryl Hall. "Six for six". The Dallas Morning News. Retrieved July 3, 2015.
  11. ↑ "Ryan". Fortune. Retrieved July 3, 2015.
  12. ↑ Rita Pyrillis (December 1, 2011). "2011 Winner: General Excellence-Ryan LLC". Workforce. Retrieved July 3, 2015.
  13. ↑ Scott Behson (December 4, 2014). "Flex Time Doesn't Need to Be an HR Policy". Harvard Business Review. Retrieved July 3, 2015.
  14. 1 2 "Ryan LLC". The International Business Awards. Retrieved July 3, 2015.
  15. 1 2 "Ryan". Inc. Retrieved July 3, 2015.
  16. ↑ Tamika Cody (January 2, 2013). "Ryan Buys Thomson Reuters Property Tax Services Business". Accounting Today. Retrieved July 3, 2015.
  17. ↑ "Best Places to Work South Florida Small Companies: Ryan LLC". South Florida Business Journal. March 2, 2015. Retrieved July 3, 2015.
  18. ↑ "2014 Working Mother 100 Best Companies". Working Mother. Retrieved July 3, 2015.
  19. ↑ "2013 Working Mother 100 Best Companies". Working Mother. Retrieved July 3, 2015.
  20. ↑ "Ryan hires Jean-Paul Ouaksel to lead its new Paris office". International Tax Review. November 2014.
  21. ↑ John Golden (November 13, 2014). "Dallas firm will buy WTP Advisors". Westfair communications. Retrieved July 3, 2015.
  22. ↑ "Dallas Firm will buy WTP Advisors". Westchester County Business Journal. November 17, 2014.
  23. ↑ "Ryan buys Taxaccord". International Tax Review. January 6, 2015. Retrieved July 3, 2015.
  24. ↑ Michael Cohn (January 5, 2015). "Ryan Acquires Taxaccord". Accounting Today. Retrieved July 3, 2015.
  25. ↑ Danielle Lee (March 3, 2015). "Ruan Acquires Tax tech Firm Second Decimal". Accounting Today. Retrieved July 3, 2015.
  26. ↑ Ralph Cunningham (March 4, 2015). "Ryan adds Second Decimal's tax technology". International Tax Review. Retrieved July 3, 2015.
  27. ↑ "100 Best Companies to Work For". Fortune. Retrieved July 3, 2015.
  28. ↑ Marissa Barnett (October 29, 2014). "Dallas tax firm a big contributor to front-runner for comptroller". Dallas Morning News. Retrieved July 3, 2015.
  29. ↑ Allen Young (October 21, 2014). "Why you should care about California's ban on commissions for site-selection consultants". Sacramento Business Journal. Retrieved July 3, 2015.
  30. ↑ Ken Berry (September 24, 2014). "IRS Concedes Degeat on Circular 230 Contingent Fees". CPA Practice Advisor. Retrieved July 3, 2015.
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