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Taxing Authority Consulting Services, P.C. to establish an operations center in Martinsville


Dec 18, 2012

FOR IMMEDIATE RELEASE

Mark Heath
President/CEO
Martinsville Henry County Economic Development Corporation
276-403-5940
mheath@yesmartinsville.com

Leon Towarnicki
Interim City Manager
City of Martinsville
276-403-5155
ltowarnicki@ci.martinsville.va.us

~Taxing Authority Consulting Services, P.C. to establish an operations center in Martinsville~

Martinsville, VA (December 18, 2012) - The Martinsville City Council and the Martinsville-Henry County Economic Development Corporation are pleased to announce that Taxing Authority Consulting Services, P.C. (TACS), a Virginia law firm concentrating on tax collection and consulting services, will open an operations center in the City of Martinsville, creating 17 new jobs over the next three years.

The company will be located on the 3rd floor of the BB&T Bank Building in Uptown Martinsville. They plan to begin operations by the end of this year. This location will serve their southwest and southside clients.

TACS is a Virginia law firm concentrating its practice on providing tax collection and bankruptcy services and consulting to state and local governments. Their singular focus is to serve only government entities in managing accounts receivables by providing governmental tax collections for real estate, personal property, state income and sales taxes. In addition, TACS provides legal services including litigation, administrative collection programs, and bankruptcy representation for government agencies.

Mark K. Ames, Esq., President of TACS said, "Our firm's priority is assisting our government clients meet their revenue expectations by opening dormant sources of revenue. Adding this office and these future positions will serve the twin purpose of increasing revenue for our clients while employing Virginians in the process".

"We are pleased that TACS has decided to expand their business and locate here in Martinsville, particularly in our Uptown area," said City Mayor Kim Adkins. "Adding new jobs and creating employment opportunities for our citizens is something we all work hard to accomplish and it's exciting to see business activity continue to grow in our Uptown area."

The Martinsville-Henry County Economic Development Corp., worked in partnership with City of Martinsville to secure the project. The project qualifies for both local and state Enterprise Zone Grants offered by the City of Martinsville and the Department of Housing and Community Development. In addition Mid Atlantic Broadband Communities Corporation (MBC) supported this project with a $5,000 grant to offset internet equipment and telecommunications infrastructure costs. "We are pleased to assist TACS in their expansion to Martinsville," said Tad Deriso, President and CEO of MBC. "High-capacity, low-latency network connection, and a choice of telecom providers are key economic development benefits that MBC brings to the area".

"The opening of the TACS operation in Uptown Martinsville adds important business activity and employment to Uptown," said Mark Heath, President/CEO of the Martinsville-Henry County Economic Development Corporation. "A key ingredient in the economic success of a community is an active, vibrant central business district. This announcement is evidence that Uptown is an attractive and competitive retail and office environment that serves Martinsville and Henry County well."

The mission of the Martinsville-Henry County Economic Development Corporation is to create new job opportunities and expand the tax base for the area. The organization strives to support and develop local industry, as well as market Martinsville-Henry County globally as an exceptional place to live, work and play.

The EDC is a public-private partnership between the City of Martinsville, Henry County, the Martinsville-Henry County Chamber of Commerce, the Martinsville-Henry County Chamber's Partnership for Economic Growth (C-PEG) and the Harvest Foundation of the Piedmont.
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Martinsville Virginia