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Sauvigne & Company LLP Expands its Offerings and Talent

Sauvigne, Horvath and Lyons join forces

 

JERICHO, NY – June 27, 2016 // Sauvigne & Company LLP (“SC”), today launched a unique division focused squarely on creating additional value for their clients by strategically increasing revenue, optimizing organizational structure and preparing businesses for potential investment or sale. This new division will enhance SC’s current expertise in advising marketing related companies on both buy side and sell side M&A transactions (over 100 closed deals). The announcement includes the expansion of its Executive Team to include marketing industry leaders, Bob Horvath (linkedin.com/in/horvathbob) and Jim Lyons (linkedin.com/in/jim-lyons-757124a).  Bob and Jim have joined the firm as Managing Directors and will lead this newly created business consulting services division. While SC has a proven track record, Bob’s and Jim’s past experiences as Chief Executive Officer, Chief Marketing Officer, Chief Operating Officer and Chief Financial Officer of companies will enable SC to provide the unique combination of unparalleled financial, strategic and operational consulting services to marketing related companies.

"Bringing together this talent allows us to address a need in the marketplace for a thought-leading provider focused primarily on helping marketing related firms maximize their value”, said Chris Sauvigne (linkedin.com/in/chris-sauvigne-78a1bb122), Managing Partner of the firm. 

"We want to be clear that we aren't just another “consultancy” or “accounting firm”.  We are a unique team providing a unique service,” said Lyons. “Many marketing businesses aren’t sure what the best model is for servicing their clients as each client has different needs,” said Lyons. “We can now help agencies and marketing services businesses figure out which model is best for them. This usually results in a better-aligned organization, higher profitability and therefore, a more valuable business. These are important steps to be taken as owners consider their next steps in the future of their businesses.” Horvath added, “In our careers we have done a large number of acquisitions and have found many owners have a similar need – how do I position my business to be most valuable? We can tell them.”

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Tax Alerts
Tax Briefing(s)

The IRS has provided guidance on two exceptions to the 10 percent additional tax under Code Sec. 72(t)(1) for emergency personal expense distributions and domestic abuse victim distributions. These exceptions were added by the SECURE 2.0 Act of 2022, P.L. 117-328, and became effective January 1, 2024. The Treasury Department and the IRS anticipate issuing regulations under Code Sec. 72(t) and request comments to be submitted on or before October 7, 2024.


On June 17, 2024, the U.S. Department of the Treasury and the Internal Revenue Service announced a new regulatory initiative focused on closing tax loopholes and stopping abusive partnership transactions used by wealthy taxpayers to avoid paying taxes.


savings account with the tax benefits of a health savings account or an educations savings account but without the singular restricted focus could be something that gains traction as Congress addresses the tax provision of the Tax Cuts and Jobs Act that expire in 2025.


The Internal Revenue Service’s use of artificial intelligence in selecting tax returns for National Research Program audits that areused to estimate the tax gap needs more documentation and transparency, the U.S. Government Accountability Office stated.