Keane, Gelber Organizations Align to Create One-Stop Shopping for Multi-State Unclaimed Property and Tax Consultation Services

EDISON, N.J. and WAYNE, Pa., Aug. 14 /PRNewswire/ -- The Gelber Organization, a multi-state and local tax-consulting firm based in Edison, N.J., and the Unclaimed Property Services Division of The Keane Organization, a Wayne, Pa.-based compliance and risk management firm announced today that they have formed a strategic alliance.

The alliance will provide each firm's respective clients with additional expertise in areas such as unclaimed property compliance and regulatory issues as well as state and local tax consulting and profit enhancement services.

Each organization brings to the alliance its own, unique brand of expertise. With The Keane Organization, in business for 57 years, that means offering a full spectrum of unclaimed property services from unclaimed property consulting and compliance diagnostics to audit support services and uncashed check & treasury management programs. In addition, Keane is a true Holder Advocate, which means it offers a comprehensive suite of compliance solutions without any conflicting obligations with states or audit work.

The Gelber Organization boasts a team of seasoned tax and accounting professionals whose experience spans government and the Big Four accounting firms. Gelber offers expert tax consulting through its Tax Advisory Group and revenue optimization by way of its Profit Enhancement Group focusing on cost reductions and examination of expenses.

"By aligning with Keane, The Gelber Organization can provide information to our clients to protect them from potentially damaging unclaimed property audits and financial losses," said Arthur Gelber, President of The Gelber Organization.

"There's a natural synergy to this alliance," said Gail Warner, President of Unclaimed Property Services Division for Keane. "Simply put, since it's the law for companies to file taxes and unclaimed property liabilities, the synergy helps our clients identify their liabilities as well as their legal exemptions while meeting the requirements of the law."

Both organizations maintain that adding value to their bottom-line- oriented clients was paramount to their decision to partner. "States are constantly looking at ways to increase revenue - and the two primary vehicles to accomplish this are taxes and unclaimed property. By providing additional information to our customers about ways to minimize risk in areas such as tax, our clients are more likely to be able to turn compliance threats into business opportunities," Warner said.

About The Keane Organization:

Based in suburban Philadelphia, The Keane Organization, Inc. is a leading provider of compliance and risk management solutions to Fortune 1000 corporations, financial institutions, and mutual funds. The Keane Organization helps clients manage state and federal compliance challenges in a way that builds economic value with customers and preserves key relationships with investors, employees, and vendors. This 'Beyond Compliance' approach allows executives to proactively address regulatory issues and fiduciary responsibilities with programs that measurably increase revenues. For more information, visit http://www.keaneco.com/.

About The Gelber Organization:

The Gelber Organization, founded in 1990, is a consulting firm of Certified Public Accountants, former senior state tax officials and other tax professionals with particular expertise in the highly specialized field of state and local taxation. The Gelber Organization practices in all fifty states, providing services that compliment the existing State and Local Tax (SALT) resources of their clients' personnel and outside accountants. The company offers services through its two divisions: The Profit Enhancement Division, generally offered on a performance basis, focuses on optimizing profits by examining specific expense areas for possible refunds and cost reductions; and, the Tax Advisory Division, which provides expert representation on current multi-state and local tax issues. For more information, visit http://www.gelberorg.com/.

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