WHITE PLAINS, N.Y., June 7, 2011 /PRNewswire/ -- WTP Advisors, an award-winning, global tax and advisory firm, announced today that it has opened a new office location in Long Beach, CA. The new site will be headed by tax expert, Jon Worden, who most recently managed PwC's West Region International Tax Services Quantitative Solutions Team.
"Jon is a terrific choice to lead WTP Advisors' West Coast tax practice. Like all WTP directors, he has Big Four experience, combined with a drive to forge deep and lasting client relationships. His personality, talent, and ambition will represent us well with large multinational companies in this region," says Mike Minihan, Partner and co-founder of WTP Advisors.
In his new role, Worden will be responsible for serving the L.A., Orange County and Northern California markets, as well as cultivating relationships with organizations up and down the West Coast.
Worden's philosophy on tax consulting is that it's best done with both a qualitative and quantitative approach.
"Qualitatively, you start by looking at a company's organizational structure and moving it around based on tax treaties, in order to get the most favorable structure in place. But to be able to understand the ultimate effective tax rate perspective, you have to know a company's earnings and profits, stock basis, etc. – all of which is quantitative," says Worden.
Mirroring WTP Advisors' corporate precept, "Quantitative Excellence", Worden brings a deep skill-set and value to companies with his proficiency in performing complex quantitative calculations.
"My ability to compute all of the qualitative attributes of an organization's tax profile, and then determine what the effect is from a cash tax savings, and effective tax rate perspective, can greatly impact the bottom line," he says.
About Jon Worden
For the past twelve years, Jon has provided tax services to some of the world's largest companies. While with PwC, Jon was a Tax Director responsible for its West Region International Tax Services on the Quantitative Solutions Team. There, Jon managed various projects ranging from restructuring services, general tax services, FIN 48 documentation, large overall foreign loss and foreign tax credit calculations, earnings & profits, Stock Basis, Extraterritorial Income Exclusion calculations, Section 199 calculations, and Foreign Sales Corporation calculations. He also has experience preparing individual, corporate, and partnership tax returns as well as an understanding of FAS 109.
WTP Advisors is a leader in tax and business advisory services for a global marketplace. Our highly skilled professionals equipped with years of industry experience, coupled with our cutting-edge technologies, make substantive and long-term differences to an organization's profitability. WTP Advisors is headquartered in White Plains, New York, with offices across North America, Asia and Europe.
SOURCE WTP Advisors