State Premium Tax Recoveries, LLC

SPTR possesses a great knowledge and understanding of the factors which may lead to return errors and excess tax expenses from overpayment of state premium taxes.  We understand the tax laws and statutes in all states.

Our strategy is to obtain copies of prior year(s) state premium tax returns (through various state public information statutes) for analysis to determine when refunds are available.   It is this strategy which enables SPTR to find savings opportunities for a company before they are ever contacted.  Additionally, many clients maximize their savings by having SPTR perform an on-site review to determine if any other tax savings are available.

STRATEGY

State insurance premium taxation may seem quite simple on the surface but in reality it is fairly complicated.  A company may do business in all 50 states and many have multiple product lines.  Every state has unique laws, statutes, and regulations.  All of these factors add to the complexity of state insurance premium taxes and possible overpayment of the tax in any state.