AllTranstek recently added Tax and Audit Services to their suite of service offerings, offering clients assistance with tax code changes, ad valorem tax compliance and assessment reviews. John Hoyt joined the firm as manager of the new division.

Tax and Audit Services will guide clients through the complex management and financial reporting process for state and local taxing jurisdictions, along with improving cash flow.

Hoyt will be responsible for tax management and assessments tailored specifically to each customer’s fleet of rail cars.

Hoyt began his rail career with TTX Company back in 1979. During his tenure, his responsibilities included managing and negotiating ad valorem, income and sales and use taxes. Following his time at TTX, he worked for consulting firms and expanded his knowledge of the transportation industry.

“At AllTranstek we are continually striving to better assist our customers with the fundamental requirements of rail car ownership. By providing in-house tax and audit services, we can more effectively serve our customer base with all aspects of rail car fleet management,” said Jeff Wilson, AllTranstek president.

AllTranstek provides rail car fleet management services and technical and operational support to the rail equipment supply chain, including field inspections, engineering, regulatory compliance, NDT Level III, NDT training, and welding support. It manages over 275,000 rail cars of all types for some of North America’s largest global companies.