1. FM Cost Containment, LLC
Sales/Use Tax Consulting Summary

2. Our Mission:
To save and recover specific costs
and expenses for our clients in an
efficient and timely manner while
minimizing the clients’ risk
Facts:
 Staff has over 40 years experience working
for national cost containment and
consulting firms.
 Over $700 million in refunds recovered
 Full Service Sales/Use Tax Firm
 Refund reviews and claims
 Audit defense
 Consulting
 National in Scope
 Over 3,000 clients
 Industry wide experience
 Healthcare
 Retail
 Financial Services
 Hospitality
 Manufacturing
 Higher Ed

3. Our General Value Proposition
• Experienced consultants (over 40+ years experience) - Our professional staff, comprised of
former state auditors, “Big 4” tax specialists, and corporate tax professionals, has a long
history of sales and use tax experience on a multi-state basis. In addition, since our staff’s
sole concern is sales tax, we are prepared to handle virtually any issue arising under this
form of taxation.
• We focus on areas where our clients have limited resources and take on all the risk - We
perform our work without any interruption to you and your staff and we assume all up front
costs (including legal and expert witness) if we are unsuccessful in obtaining a refund.
• We do both the “grunt” work and we develop issues - While we roll up our sleeves and
search through comprehensive invoice detail for all refund opportunities available to our
clients, we also have an unprecedented track record of issues we’ve developed and
successfully won at State Supreme Court and District Court levels across the US.
• Commitment to client success and satisfaction - We are confident in our ability to add value
to your organization and we back this up by guaranteeing all of our work

4. Sales Tax Services We Provide
• Recovery of Overpaid Sales & Use Tax
• Audit Representation
• Resale/Audit Exemption Software
• Sales Tax Software Implementations
• Nexus Studies & Compliance Reviews
• Taxability Determination
• Sales Tax Return Preparation
• Outsourcing
• Managed Compliance Audits
• Process Improvement
• Merger and Acquisition Due Diligence
• Consulting Services
• Education and Training

5. Successful Tax Challenges (Issues) Developed and Won by our
staff
 $250 million NV Supreme Court decision regarding exemption of complimentary and
employee meals
 $1 million PA Commonwealth Court settlement regarding taxability of MRI machines -
Over $12 million still under appeal
 Expanded the PA exemption for medical equipment to include robotic surgery
equipment, linear accelerators, and nurse call stations, to name just a few
 $7 million PA Supreme Court decision regarding exemption of airport runways
 $2 million Alabama Administrative Law judge decision exempting CO2 used in poultry
processing
 First to “settle” software/hardware issue for PA Fiserv institutions with PA
Commonwealth Court
 Over $300 million PA Commonwealth Court settlements involving tangible personal
property for PA Not-for-Profits
 Obtained a manufacturing exemption for printing for the NJ casino industry
 Obtained an exemption as wrapping supplies for coin cups for the NJ casino industry

6. Relevant Experience
A sampling of over 400 US companies including Healthcare,
Entertainment, Banking, Hospitality, Retail, Manufacturing, etc.

7. Biographies
William O. Flick, Jr.
CEO
Bill has over 22 years of management consulting experience spending the majority of that time focusing on cost containment, cost recovery, financial
and supply chain processes improvement, and performance analytics. Bill spent over seventeen years with Chartwell Advisory Group, Ltd., a national
cost containment company specializing in sales tax, real estate and personal property tax and supply chain cost recovery. Bill began his career with
Chartwell as an account manager and has also served as Sales and Marketing Director, Vice President, and Interim President. Bill has also served as a
Director in Arthur Andersen’s Philadelphia office and a Manager for Hyperion Solutions in Philadelphia.
Bill has been a public speaker for many organizations including the AHIA (Association of Healthcare Internal Auditors), PASBO (Pennsylvania
Association of School Business Officials), and several city and county boards on topics such as Sales/Use Tax, cost containment, and supply chain cost
recovery. Bill has an Economics degree from Columbia University and a Master’s in Education from Temple University. Bill is a member IPT (Institute
for Professionals in Taxation) and the Healthcare Financial Management Association.
Bill resides in Rosemont, PA with his wife, Leslie, and their four children.
Jim Malone
Vice President
Jim was formerly Director of Sales Tax for Chartwell Advisory Group for nearly 17 years. Jim has personally identified and recovered over $300
million in refund claims throughout his career and has also led teams on more than 150 audit defense engagements including such diverse and
notable clients as Harrah’s Entertainment, Oerlikon Leybold, Orleans Builders, Advanta Corporation, Comcast Spectacor, Kroger, GMAC Commercial
Mortgage (Capmark), Community Health Systems, Keystone Foods, The Philadelphia Phillies, The Rose Corporation, and Charming Shoppes.
Jim helped the City of Philadelphia recover millions of dollars in connection with public works projects through the review of their construction
activity and identifying areas in which their contractors had incorrectly paid sales tax. The list of contractors Jim has worked with in connection with
the City is a who’s who of construction.
Jim has played a pivotal role for several judicial level sales/use tax cases including a $15 million PA Supreme Court decision regarding the exemption
of airport runways, a $2 million Alabama administrative law judge decision exempting CO2 used in poultry processing, a PA Commonwealth Court
settlement that awarded $1 million in refunds to MRI owners, and a $250 million NV Supreme Court decision regarding the exemption of
complimentary and employee meals.
Jim has a BS from Holy Family College, a Masters in Taxation from Philadelphia University, and is a member of IPT (Institute for Professionals in
Taxation). Jim lives in Thorndale, PA with his wife, Jill and 3 children.