In October 2003, W. Ray Wallace & Associates, Inc. Ranked #261 on INC 500’s List of Americas Fastest Growing Private Companies. This achievement came as a result of over 5 years of recorded profitable growth. Here is an excerpt from the INC 500 Article.

W. Ray Wallace & Associates
Alpharetta, Ga.
Growth (1998-2002): 680%
No.: 261

Talk about a niche business. Ray Wallace's company revolves around helping companies in Georgia take advantage of the State's retraining tax credit, which allows businesses to reduce their state income tax liability by as much as 50% if they provide training for their employees. Cornering a Market: The four big CPA firms don't pose any competition, Wallace says, because none has duplicated his company's unusual field of expertise. Thinking Big: WALLACE is now looking outside Georgia to other states with similar tax credits and Training Grants.