GTM Acquires DMA’s State Income Tax Practice

Corporate tax firms solidify their shared commitment to delivering industry-leading income tax services to clients

PHILADELPHIA--(BUSINESS WIRE)--GTM (Global Tax Management), a leading corporate tax services firm, is expanding its expertise and market presence with the acquisition of DMA’s (DuCharme, McMillen & Associates, Inc.) state income tax practice. As part of this move, GTM and DMA have entered into a strategic alliance, reinforcing their shared commitment to delivering industry-leading income tax services to their clients.

Known for their comprehensive corporate tax service offering, GTM is highly recognized for its income tax capabilities. The acquisition complements GTM’s existing income tax practice and provides growth opportunities for personnel involved. The strategic alliance furthers DMA’s ability to serve clients’ income tax needs and formalizes an established relationship between the firms that has been present for many years.

DMA's State Income & Franchise Tax practice has a proven track record of success serving large, multinational corporations, particularly in state income tax compliance, RAR, and advisory work. As part of GTM, this team will continue to help streamline tax processes, ensure compliance with state regulations, and provide strategic advice on multi-state compliance, amended returns, and tax strategy optimization, while offering expert support during audits.

“DMA is excited to form this strategic alliance with GTM. Our clients will now have access to a full suite of direct tax services, including state and federal income tax solutions through GTM. This alliance strengthens DMA's ability to provide comprehensive support and better serve the needs of our clients, and it will allow us to continue to work with a group of exceptionally talented and experienced professionals who have served our company and our clients as DMA employee-owners so well over the years," stated Dan Hutmacher, President and CEO of DMA.

Dave Sekula, CEO of GTM, also shared his perspective on the news stating, “We are very excited to welcome the DMA state income tax practice to our firm. We know the team will thrive in our environment, with highly regarded, supportive service lines such as federal and international income tax practices.”

About GTM

GTM (Global Tax Management) is a corporate tax services firm dedicated to helping corporations address complex tax operations. GTM provides the expertise to build, operate, manage, and augment tax functions for its clients. Core services include tax provision, income tax compliance, international tax, transfer pricing, sales and use tax, property tax, tax automation, tax training, tax credits and incentives, and tax consulting and planning. GTM is an independent member of WTS Global. It is also a 100% employee-owned company (ESOP) and is frequently distinguished as a top accounting firm as well as a best place to work. For more information, visit www.gtmtax.com.

About DMA

DMA is a proudly employee-owned company with over 50 years of experience addressing corporate tax challenges. The firm specializes in property tax, transaction tax, VAT, credits and incentives, global tax technology, and unclaimed property. DMA’s tax and technical professionals collaborate cross-functionally to deliver comprehensive, end-to-end corporate tax solutions that enhance tax efficiency, ensure compliance, and mitigate liabilities across all jurisdictions. For further information, please visit DMAinc.com.