Company

Our woman-owned firm's arbitrage rebate history began with the inception of the 1986 Tax Regulations. Janet Sacks, Director of ACS, started her arbitrage rebate career in 1986 while working for Price Waterhouse, the 3rd largest accounting firm in the Country at that time. Due to her extensive expertise in governmental debt, Janet was requested by the United States Congress to take part in the Beryl Anthony Public Finance Commission. This bipartisan Commission resulted in the formulation of the arbitrage rebate calculation methodology we use today. Having been one of the first arbitrage rebate providers in the Country, ACS has grown to be known as the expert among experts, regularly providing arbitrage rebate interpretation, consultation and advice to clients as well as to professionals within the industry.

We currently assist municipalities nation-wide with active debt issues ranging from 1 to 250 and we have absolute confidence that our firm possesses the available resources necessary to exceed your municipality’s expectations. Since 1986, our practice has completed over 37,000 calculations for fixed rate and variable rate tax-exempt debt issues with varying investment structures such as SWAPS, Repos, Flex Repos, Reimbursement Agreements, Guaranteed Investment Contracts, Forward Delivery Agreements, etc.

Collectively, our firm's directors have educational backgrounds that include Masters Degrees in Accounting, Business, Finance, Law, and Taxation as well as having the distinction of holding Certified Public Accountant Licenses. We have built our practice around a solid, unmatched foundation of accounting expertise, tax law interpretation, and arbitrage rebate minimization strategy. With forward commitments through 2038, we are here for the long term to provide your Municipality with continuity and high quality arbitrage rebate services you deserve.