Bio

Michael K. Rice, CMI

Managing Director

Michael is the Managing Director of Diligencia, LLC based in Houston, Texas. He advises and assists clients on various sales and use tax matters including; audit management/assistance business registrations/start up, compliance, transaction planning and refund reviews.

With more than 12 years of sales and use tax experience, Michael has spent time in both the public and private sector. Prior to forming Diligencia, LLC, Michael worked for a mid-cap oil and gas services and construction company managing all indirect taxes including sales/use, federal excise and property taxes. Prior to that Michael was with one of the largest independent power producers in the United States managing the sales/use tax function. In that role, Michael was also responsible for management and maintenance of the Sabrix tax engine as well as the integration of the tax engine with the company enterprise resource program PeopleSoft.

Michael also has public accounting / consulting experience, spending 4 years with Grant Thornton LLP serving clients from industries such as retail, manufacturing, oil and gas services, and telecommunications.

Additionally, Michael has served on the other side of the table as an auditor for the Louisiana Parishes performing sales and use tax audits of various industries from retail to manufacturing.

Michael’s experience in multi-state sales and use taxation includes: providing sales/use tax compliance services, identifying and obtaining state tax refunds based on industry specific issues, managing and conducting state and local tax audits, assisting clients with voluntary disclosure agreements and private letter ruling requests, conducting FAS 5 provision reviews, researching and providing resolutions for a wide range of state tax issues, developing sales and use taxability matrices based on client and industry specific issues.