Friday, July 16, 2010

Operating Tax Specialists Mark 20-Year Anniversary, Systems Celebrate 10-Years

STOW, OHIO, JULY 7, 2010 – A decade ago when business outsourcing in the trucking industry was emerging, an established, reputable tax recovery and tax refund consulting company, Operating Tax Specialists, Inc. (OTS), recognized that some trucking customers might prefer to outsource certain business processes rather than do them themselves.

Rising and unpredictable fuel costs were top of mind, not to mention operational efficiencies. On the fuel tax side, many trucking firms paid too much, filed late and exposed themselves to audits. For hours of service (HOS), compliance, costly violations and target problem drivers were the headache. And in the area of licensing and permits mistakes due to unfamiliar states/provinces and unique cargo situations were common. OTS launched Operating Tax Systems, LLC, a technology-based company dedicated solely to the trucking industry providing fuel tax reporting, HOS driver log auditing, licensing and permitting.

“For ten years and through two recessions, Operating Tax Systems’ outsourcing services are thriving,” said Al Uritis, OTS’ chief executive officer. “Today both entities serve 70 percent of the nation’s largest trucking companies. Since we launched our tax recovery and tax refund consulting service in 1990, OTS has been laser-focused on the trucking industry, which I credit to our success.”

Quality Distribution’s bulk transportation company, Quality Carriers (QC), was one of OTS’ initial fuel tax reporting customers. In the late 1990’s after OTS had successfully completed tax recovery work for the companies, the merger of Chemical Leaman Tank Lines and Montgomery Tank Lines occurred. OTS learned the newly formed QC was using paper records. OTS explained the cost-saving benefits of electronic data and within three months, OTS migrated QC’s fuel tax reporting process to an electronic format.

Fuel tax outsourcing with OTS has saved us many dollars over the years,” said Sue Bottorff, Quality Distribution’s manager of fuel administration. “OTS’ expertise in trucking, technology and taxes has not only reduced several taxes and fees, it has improved timeliness and accuracy of fuel tax reporting, and generally improved operations. I look forward to another decade with OTS.”

About OTS
OTS has both developed and harnessed tax and transportation management technology throughout the digital revolution, to become the preeminent provider of web-based recovery, audit, reporting and compliance information for fleet operators and motor carriers throughout the U.S. and Canada. Nearly three out of four top North American trucking companies trust OTS to lead their paperless fuel-tax compliance, HOS driver log auditing, tax recovery and tax refund efforts. Operating Tax Specialists, Inc. was founded in 1990; Operating Tax Systems, LLC was founded in 2000. For more information, visit www.ots.net.

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