{{Short description|Tax services and consulting firm}} {{promotional|date=December 2022}} {{infobox company | name = Ryan LLC | logo = Ryan_LLC_logo.png | logo_caption = | num_employees = 3,600<ref>{{cite news |last1=Todd |first1=Samantha |title=America's Best Midsize Employers |url=https://www.forbes.com/companies/ryan/?list=best-midsize-employers&sh=32425c60772e |access-date=23 September 2022 |work=Forbes |date=February 10, 2022}}</ref> | industry = Consulting, tax services | key_people = {{ubl|G. Brint Ryan {{small|Founder, CEO, Chairman}}|Ginny Buckner Kissling {{small|Global President, COO}}}} | former_name = Ryan & Company | founder = | founded = 1991 | revenue = approx. $715 million<ref>{{cite web| url=https://www.dallasnews.com/business/local-companies/2022/05/26/dallas-tax-services-firm-ryan-soars-to-25-billion-valuation-with-new-investment/| title=Dallas tax services firm Ryan soars to $2.5 billion valuation with new investment| date=26 May 2022| publisher=Dallas Morning News| access-date=May 26, 2022}}</ref> | revenue_year = 2021 | hq_location = Dallas, Texas | website = {{URL|https://ryan.com}} }}
'''Ryan LLC''' is a tax services and software provider based in Dallas, Texas.<ref name=texas>{{cite web| url=http://www.texastribune.org/2014/11/18/california-rule-change-sparks-backlash-texas/ | title=Consultants Get a Cut of State Incentive Deals| author=Aman Batheja| date=November 18, 2014| publisher=Texas Tribune| access-date=July 3, 2015}}</ref><ref name=fatherly>{{cite web| url=https://www.fatherly.com/50-best-places-to-work-for-new-dads-ryan-llc-24-1114976568.html | title=50 Best Places To Work For New Dads| date=April 28, 2015| publisher=Fatherly| access-date=July 3, 2015}}</ref> Ryan LLC has 18,000 clients in over 60 countries.<ref>{{cite web |url=https://topworkplaces.com/company/ryan-inc/statesman/ |title=Top Workplaces |date=November 12, 2021 |website=TopWorkplaces.com |publisher=Top Workplaces |access-date=September 23, 2022}}</ref> The company has over 113 locations around the globe, including locations in Canada, the Netherlands, the United Kingdom,<ref>{{cite web| url=http://www.greatplacetowork.com/storage/documents/impact-briefs/7.3.13-ryan-culture-impact-brief.pdf | title=The Single, Most Successful Business Strategy| publisher=Great Place to Work| access-date=July 3, 2015}}</ref> India, the Philippines,<ref>{{cite news |last1=Cohn |first1=Michael |title=M&A roundup: Herbein, Ryan and Amarillo firms expand |url=https://www.accountingtoday.com/list/m-a-roundup-herbein-ryan-and-amarillo-firms-expand |access-date=23 September 2022 |work=Accounting Today |publisher=Accounting Today |date=January 13, 2022}}</ref> and Australia.
==History== Ryan LLC was founded by Chairman and CEO G. Brint Ryan<ref name="six">{{cite web| url=http://res.dallasnews.com/interactives/top100/six-time-winners/| title=Six for six| author=Cheryl Hall| date=14 November 2014| publisher=The Dallas Morning News| access-date=July 3, 2015}}</ref> and Chris F. Collis as the CPA firm Collis & Ryan in 1991.<ref>{{cite web| url=http://fortune.com/best-companies/ryan-92/ | title=Ryan| publisher=Fortune| access-date=July 3, 2015}}</ref><ref name="nine">{{cite web |title=Our History:1990s |url=https://ryan.com/about-ryan/our-history/#1990s |access-date=February 20, 2018 |publisher=Ryan LLC}}</ref> Collis' stake in the company was bought out in 1993, and the company was renamed Ryan & Company, P.C.<ref name="nine"/> In 1997, the company began expanding into other tax areas beyond state and local taxes. During this time, the company also began to shift its focus to working with clients with annual revenues of $50 million or more.<ref>{{cite web|url=https://www.bizjournals.com/dallas/stories/1997/11/24/focus1.html|title=Ryan & Co.: Doing the Calculations on Brand-Name Clients}}</ref> In 1998, the company surrendered its CPA license and began practicing as a tax and consultation firm.<ref name="nine"/>
Throughout the early 2000s, the company began expanded outside of Texas, opening new offices primarily through acquisitions.<ref>{{cite web|url=https://www.bizjournals.com/dallas/stories/2006/12/18/story10.html|title=Ryan&Co. Picks up Burr Wolff Remnants}}</ref> By December 2006, the company had expanded to 28 locations throughout North America.<ref>{{cite web|url=https://www.bizjournals.com/dallas/stories/2006/12/18/daily5.html|title=Ryan & Co. Opens Charlotte Office}}</ref> In October 2007, the company changed its name to Ryan LLC.<ref>{{Cite web |last=Shlachter |first=Barry |date=2021-01-12 |title=Brint Ryan: The Tax Man Cometh |url=https://www.dmagazine.com/publications/d-ceo/2021/january-february/brint-ryan-the-tax-man-cometh/ |access-date=2024-02-24 |website=D Magazine |language=en-US}}</ref>
In September 2018, Ryan LLC became a founding member of the Massachusetts Institute of Technology's FINTECH @ CSAIL initiative.<ref>{{cite web |url=https://news.mit.edu/2018/mit-csail-launches-new-initiative-financial-technology-0726 |title=CSAIL launches new initiative for financial technology |last=Connor-Simons |first=Adam |date=July 26, 2018 |website=MITNews |publisher=MIT News |access-date=March 29, 2019}}</ref>
In June 2019, Ryan, LLC became the "Official Tax Partner" of the Dallas Cowboys.<ref>{{cite web |url=https://sponsorship.sportbusiness.com/news/dallas-cowboys-team-up-with-tax-firm-ryan/ |title=Dallas Cowboys team up with tax firm Ryan |date=June 21, 2019 |website=Sport Business Sponsorship |access-date=January 28, 2020}}</ref> Later that year, Ryan, LLC became the "Official Tax Partner" of Conference USA (C-USA) and became the title sponsor for the C-USA Football Championship Game and the 2020 C-USA Basketball Championships.<ref>{{cite web|url=http://conferenceusa.com/news/2019/10/10/c-usa-announces-ryan-as-football-championship-title-sponsor.aspx|title=Ryan Named Football Championship Title Sponsor|work=Conference USA|date=October 10, 2019|accessdate=October 10, 2019}}</ref>
In December 2023, the Ninth Court of Appeals of Texas ruled Ryan LLC's breach of contract lawsuit against USA Today owner Gannett could not be heard in Texas courts, due to lack of jurisdiction.<ref>{{Cite web |title=Ryan LLC's Contract Claims Against Gannett Booted From Texas |url=https://news.bloombergtax.com/daily-tax-report-state/ryan-llcs-contract-claims-against-gannett-booted-from-texas |access-date=2024-04-08 |website=news.bloombergtax.com |language=en}}</ref>
== Acquisitions & sales == From 2012 to 2014, Ryan LLC acquired multiple tax service firms, including TAARP Group, WTP Advisors, and the property tax service business from Thomas Reuters.<ref name="stevie">{{cite web |title=Ryan LLC |url=http://www.stevieawards.com/pubs/iba/awards/408_2917_24512.cfm |access-date=July 3, 2015 |publisher=The International Business Awards}}</ref><ref>{{cite web |author=Tamika Cody |date=January 2, 2013 |title=Ryan Buys Thomson Reuters Property Tax Services Business |url=http://www.accountingtoday.com/news/Ryan-Buys-Thomson-Reuters-Property-Tax-Services-Business-65217-1.html |access-date=July 3, 2015 |publisher=Accounting Today}}</ref><ref>{{cite web |author=John Golden |date=November 13, 2014 |title=Dallas firm will buy WTP Advisors |url=http://westfaironline.com/67202/dallas-firm-will-buy-wtp-advisors/ |access-date=July 3, 2015 |publisher=Westfair communications}}</ref> In 2015, it acquired tax technology firms Taxaccord and Second Decimal.<ref>{{cite web |date=January 6, 2015 |title=Ryan buys Taxaccord |url=http://www.internationaltaxreview.com/Article/3414675/Compliance-Management/Ryan-buys-Taxaccord.html |access-date=July 3, 2015 |publisher=International Tax Review}}</ref><ref>{{cite web |author=Danielle Lee |date=March 3, 2015 |title=Ruan Acquires Tax tech Firm Second Decimal |url=http://www.accountingtoday.com/accounting-technology/news/ryan-acquires-tax-tech-firm-second-decimal-73812-1.html |access-date=July 3, 2015 |publisher=Accounting Today}}</ref>
Ryan LLC acquired EnerTax Consultants to expand its severance tax practice in September 2015.<ref>{{cite web |title=Ryan Acquires EnerTax Consultants |url=http://www.ogfj.com/articles/2015/09/ryan-acquires-enertax-consultants.html}}</ref> In 2016, the company acquired Shiv Om Consultants, a firm known for consulting major gas and oil companies on severance taxes.<ref>{{cite news |last1=Smith |first1=By Mike D. |title=Houston Oil and Gas Severance Tax Firm Acquired to Form 'Market Leader' |url=http://www.chron.com/business/bizfeed/article/Houston-severance-tax-services-firm-acquired-to-10811154.php |newspaper=Chron}}</ref> Ryan LLC reported a revenue of $469 million in 2016.<ref name="dmn">{{cite web |last=O'Donnell |first=Paul |date=11 January 2018 |title=Dallas Tax Consultant Ryan Buys Two More Texas Firms |url=https://www.dallasnews.com/business/mergers-and-acquisitions/2018/01/11/dallas-tax-consultant-ryan-buys-two-texas-firms |website=The Dallas Morning News}}</ref>
In March 2017, Ryan LLC purchased land at the Legacy West development in Plano, Texas.<ref>{{cite web |date=2 March 2017 |title=Tax Services Firm Ryan Buys HQ Site in Plano's Legacy West |url=https://www.dallasnews.com/business/real-estate/2017/03/02/tax-services-firm-ryan-buys-hq-site-planos-legacy-west}}</ref> In January 2018, Ryan LLC acquired PetroTax Energy Holdings, an Austin-based tax consulting firm, d Scott B. Retzloff & Associates, a San Antonio-based commercial real estate firm.<ref name="dmn" /> In 2019, the company announced plans to move around 550 employees to the Legacy West development by 2023.<ref>{{cite web |last=Brown |first=Steve |date=December 16, 2019 |title=Ryan LLC to move 550 employees to new Legacy West headquarters |url=https://www.dallasnews.com/business/real-estate/2019/12/16/dallas-company-headed-to-plano-with-338-million-project/ |access-date=September 22, 2022 |website=The Dallas Morning News}}</ref>
In October 2018, Onex Corporation acquired a 42 percent interest in Ryan LLC, which valued the company at $1.1 billion.<ref>{{cite news |date=October 18, 2018 |title=Onex acquires 42% stake in tax services company Ryan |url=https://www.spglobal.com/marketintelligence/en/news-insights/trending/pdoghvklfjscixfmoy8jjq2 |access-date=23 September 2022 |work=S&P Global |publisher=S&P Global}}</ref>
In December 2018, Ryan LLC acquired Denver-based Economics Partners, a global transfer pricing advisory, controversy and business valuation service. The same month, Ryan LLC acquired Paris-based VAT Systems, a tax specialty firm.<ref>{{cite web |last=Womack |first=Brian |date=December 5, 2018 |title=Ryan expands tax practice, client base with acquisition |url=https://www.bizjournals.com/dallas/news/2018/12/05/ryan-economic-partners.html |access-date=March 29, 2019 |website=BizJournals.com |publisher=Dallas Business Journal}}</ref>
In November 2020, Ryan, LLC announced the acquisition of Sydney, Australia-based Indirect Tax Solutions (ITS).<ref>{{cite web |title=Ryan Acquires Indirect Tax Solutions Pty |url=https://mergr.com/ryan-acquires-indirect-tax-solutions-pty |access-date=23 September 2022 |website=Mergr.com |publisher=Mergr}}</ref> Ryan LLC also acquired the Real Estate Tax Group (RETG).<ref>{{cite news |last1=Leffert |first1=Catherine |date=July 19, 2022 |title=Ryan acquires Dallas-based property tax firm, hits record-breaking deal volume in 2022 |url=https://www.bizjournals.com/dallas/news/2022/07/19/ryan-paradigm-deal.html#:~:text=Dallas%2Dbased%20Ryan%20has%20acquired,one%2Dthird%20of%20its%20business. |access-date=23 September 2022 |work=Dallas Business Journal |publisher=City Business Journals}}</ref> Ryan also announced an investment in Incentify, a provider in tax credits and incentives (C&I) software.<ref>{{cite news |last1=Coulter |first1=Martin |date=September 16, 2020 |title=Pitch Deck: How Enterprise Startup Incentify Raised $2.7 Million |url=https://www.businessinsider.com/ryan-tax-viacom-cbs-cargill-technology-incentify-pitch-deck-2020-9 |access-date=23 September 2022 |work=Business Insider |publisher=Business Insider}}</ref>
In December 2020, Ryan, LLC acquired TCF Services (TCF), a provider in R&D tax credits firm in Australia.<ref>{{cite news |date=January 6, 2021 |title=Grants consultancy TCF Services joins global player Ryan |url=https://www.consultancy.com.au/news/2846/grants-consultancy-tcf-services-joins-global-player-ryan |access-date=23 September 2022 |work=Consultancy.com.au |publisher=Consultancy.com}}</ref> Ryan, LLC also announced the acquisition of Burgess Cawley Sullivan (BCS), a property tax consulting and appraisal firm in Vancouver, British Columbia.<ref>{{cite news |date=January 4, 2021 |title=Ryan Acquires Leading Property Tax Consulting Firm, Burgess Cawley Sullivan, in Vancouver |url=https://financialpost.com/pmn/press-releases-pmn/business-wire-news-releases-pmn/ryan-acquires-leading-property-tax-consulting-firm-burgess-cawley-sullivan-in-vancouver |access-date=23 September 2022 |work=Financial Post |publisher=Financial Post |agency=BusinessWire}}</ref>
In January 2022, Ryan, LLC announced the acquisition of Tax Advisory Services Group, LLC (TASG), a full-service excise tax provider based in Houston, Texas.<ref name="dallasnews">{{cite news |last1=O'Donnell |first1=Paul |date=May 26, 2022 |title=Dallas tax services firm Ryan soars to $2.5 billion valuation with new investment |url=https://www.dallasnews.com/business/local-companies/2022/05/26/dallas-tax-services-firm-ryan-soars-to-25-billion-valuation-with-new-investment/ |access-date=23 September 2022 |work=Dallas Morning News |publisher=Belo}}</ref> Then in February 2022, Ryan LLC acquired MacRostie Historic Advisors, LLC (MHA), a property tax consulting firm in the United States.<ref>{{cite news |date=February 10, 2022 |title=Ryan Acquires Leading Firm in United States Dedicated to Historic Tax Credits, MacRostie Historic Advisors |url=https://finance.yahoo.com/news/ryan-acquires-leading-firm-united-154400350.html |access-date=23 September 2022 |work=Yahoo! |publisher=Yahoo! |agency=BusinessWire}}</ref> In March 2022, Ryan LLC announced the acquisitions of tax firms Catax and Greystone Property Tax Advisors.<ref>{{cite news |date=March 8, 2022 |title=Ryan Acquires United Kingdom's Leading Commercial R&D and Capital Allowances Tax Reclaim Firm, Catax |url=https://finance.yahoo.com/news/ryan-acquires-united-kingdom-leading-080000351.html |access-date=23 September 2022 |work=Yahoo! |publisher=Yahoo! |agency=BusinessWire}}</ref><ref>{{cite news |date=May 10, 2022 |title=Ryan Acquires Greystone Property Tax Advisors, Expanding Property Tax Consulting Services in United States |url=https://www.iqstock.news/n/ryan-acquires-greystone-property-tax-advisors-expanding-property-tax-consulting-services-united-3867181/ |access-date=23 September 2022 |work=IQStock |publisher=IQStock |agency=Bezinga}}</ref> In July, 2022, Ryan, LLC announced the acquisition of Paradigm DKD Group, L.L.C., an independent national provider of comprehensive property tax management services.<ref>{{cite news |last1=Webb |first1=Michael |date=July 25, 2022 |title=Ryan Tax Group Acquires Paradigm Tax Group |url=https://www.consultingmag.com/2022/07/25/paradigm-tax-group-acquires-paradigm-tax-group/?slreturn=20220806111000 |access-date=23 September 2022 |work=Consulting.us |publisher=Consulting.us}}</ref>
==Corporate affairs== The company formed a Workforce Effectiveness Committee to investigate an employee flexibility policy in 2006.<ref>{{cite web|url=http://www.talenteconomy.io/2016/12/14/ryan-flipped-flex/|title=How Ryan Flipped to Flex |date=2016-12-14 |last=Dixon |first=Lauren |access-date=2018-03-04 |website=Talent Economy |url-status=dead |archive-url=https://web.archive.org/web/20180305064123/http://www.talenteconomy.io/2016/12/14/ryan-flipped-flex/ |archive-date=2018-03-05 }}</ref> In 2007, the company launched ''myRyan'', a results-focused work environment, as a pilot program in its Houston office. The company implemented the program through the entire company in 2008.<ref>{{cite web| url=http://www.workforce.com/articles/2011-winner-general-excellence-ryan-llc | title=2011 Winner: General Excellence-Ryan LLC| author=Rita Pyrillis| date=December 1, 2011| publisher=Workforce| access-date=July 3, 2015}}</ref><ref>{{cite journal| url=https://hbr.org/2014/12/flex-time-doesnt-need-to-be-an-hr-policy | title=Flex Time Doesn't Need to Be an HR Policy| author=Scott Behson| date=December 4, 2014| journal=Harvard Business Review| access-date=July 3, 2015}}</ref> In 2013, Ryan LLC established the Culture Council, a team of employees from around the globe that review all internal and external employee feedback data in order to recommend change and improvement for the betterment of the business.<ref>{{cite web| url=http://www.bizjournals.com/southflorida/best-places-to-work/news/2015/03/03/best-places-to-work-south-flo | title=Best Places to Work South Florida Small Companies: Ryan LLC| date=March 2, 2015| publisher=South Florida Business Journal| access-date=July 3, 2015}}</ref>
Employees of Ryan LLC can contribute to political campaigns through Ryan PAC, a political action group formed by the firm in 2008.<ref>{{cite web| url=http://www.dallasnews.com/news/local-news/20141029-dallas-tax-firm-a-big-contributor-to-front-runner-for-comptroller.ece | title=Dallas tax firm a big contributor to front-runner for comptroller| author=Marissa Barnett| date=October 29, 2014| publisher=Dallas Morning News| access-date=July 3, 2015}}</ref> In the 2021-2022 election cycle, the Ryan LLC PAC raised $1.039 million; this included $107,000 contributed to federal campaigns (32.71% to Democrats, 67.29% to Republicans).<ref>{{Cite web |title=PAC Profile: Ryan LLC |url=https://www.opensecrets.org/political-action-committees-pacs/country-roads-pac/C00574921/summary/2022 |access-date=19 March 2024 |website=OpenSecrets}}</ref>
==Litigation== In August 2014, the Governor's Office of Business and Economic Development prohibited site-selection consultants from taking a percentage of the California Competes Tax Credit, a tax break given to businesses planning on locating or expanding in the state. Ryan sued GO-Biz shortly after the agency implemented the tax credit ban, alleging the prohibition violates the state of California constitution.<ref>{{cite web| url=http://www.bizjournals.com/sacramento/news/2014/10/21/why-you-should-care-about-californias-ban-on.html | title=Why you should care about California's ban on commissions for site-selection consultants| date=October 21, 2014| author=Allen Young| publisher=Sacramento Business Journal| access-date=July 3, 2015}}</ref>
In 2014, Ryan LLC won a lawsuit against the IRS regarding Circular 230 rules on contingent fee arrangements that invalidates and permanently enjoins the IRS from prohibiting such arrangements for refund claims and amended returns. The district court ruled that the IRS did not have the statutory authority to place these restrictions.<ref>{{cite web| url=http://www.cpapracticeadvisor.com/news/12005748/irs-concedes-defeat-on-circular-230-contingent-fees| title=IRS Concedes Degeat on Circular 230 Contingent Fees| author=Ken Berry| date=September 24, 2014| publisher=CPA Practice Advisor| access-date=July 3, 2015}}</ref>
In 2017, Ryan LLC joined CIC Services, LLC in filing a lawsuit against the IRS to secure an injunction stopping IRS Notice 2016-66.<ref>{{cite web|url=https://www.captive.com/news/2017/04/04/cic-services-and-ryan-file-suit-against-irs-over-notice-2016-66|title=CIC Services and Ryan File Suit Against IRS Over Notice 2016-66|publisher=Captive Insurance News|date=April 4, 2017|access-date=February 20, 2018}}</ref> The notice required transactions of captive insurance companies to report more information on transactions. The case was dismissed in November 2017.<ref>{{cite web|url=https://www.law360.com/articles/981212/insurers-suit-against-irs-over-reporting-rules-nixed|title=Insurers' Suit Against IRS Over Reporting Rules Nixed|publisher=Law360|first=Derek|last=Major|date=November 2, 2017|access-date=February 20, 2018}}</ref>
In 2024, Ryan LLC filed the first lawsuit against the Federal Trade Commission (FTC) after the FTC issued a ban against noncompete agreements.<ref name=":0">{{Cite news |title=Noncompete Ban's First Legal Challenge Filed by Texas Tax Firm |url=https://news.bloomberglaw.com/antitrust/tax-firm-first-to-sue-ftc-over-authority-to-issue-noncompete-ban |access-date=2024-07-08 |website=news.bloomberglaw.com |language=en}}</ref><ref>{{cite web|url=https://prospect.org/justice/2024-04-24-noncompete-ban-ftc-trump-tax-adviser/|title=Plaintiff Trying to Reverse Noncompete Ban Is Trump's Tax Adviser|publisher=TheAmericanProspect|first=David|last=Dayen|date=April 24, 2024|access-date=May 20, 2024}}</ref> The suit argues that the FTC does not have the authority to rule over these issues.<ref name=":0" /> As of July 3, 2024, Judge Ada Brown ruled to temporarily block the noncompete ban.<ref>{{Cite web |last=Hsu |first=Andrea |date=3 July 2024 |title=Federal judge partially blocks U.S. ban on noncompetes |url=https://www.npr.org/2024/07/03/nx-s1-5020525/noncompete-ban-block-ftc-competition-ryan-texas |access-date=17 July 2024 |website=npr}}</ref>
==Recognition== In 2015, Ryan LLC made the ''Fortune'' list of 100 Best Companies to Work For and was ranked number 60 on the list in 2022.<ref>{{cite web| url=https://fortune.com/company/ryan/best-companies/#:~:text=RANK60&text=Global%20tax%2Dservices%20and%20software,dedicated%20exclusively%20to%20business%20taxes | title=100 Best Companies to Work For| publisher=Fortune| access-date=September 23, 2022}}</ref>
Ryan LLC was named 21st of Glassdoor's Employee's Choice 2019 Best Places to Work.<ref>{{cite web |url=https://www.chicagotribune.com/business/success/inc/tca-glassdoor-reveals-25-best-places-to-work-20181206-story.html |title=Glassdoor reveals 25 best places to work |last=Economy |first=Peter |date=December 6, 2018 |website=ChicagoTribune.com |publisher=Chicago Tribune |access-date=April 2, 2019}}</ref>
The company received the 2012 Spirit of Habitat award for advocating and raising awareness of the program.<ref name="stevie" />
==References== {{reflist|3}}
==External links== *[http://www.ryan.com Official website]
Category:Consulting firms of the United States Category:Consulting firms established in 2001