A Support Network for the Manufacturing and Distribution Industries
The professionals at Convergence CPA Group have a long history of delivering value for growth-oriented middle-market manufacturing & distribution businesses. We can provide services more efficiently than larger firms, which enables you to bring new products to market more quickly and in a more cost-effective way.
Our manufacturing and distribution practice group is one of the leading accounting firms in the Denver Metro area because we provide real value to our clients beyond the normal tax compliance work. We work with clients to manage multi-state and foreign taxes, and we can apply government subsidies and incentives along with R&D tax credits to lower market expansion costs.
We Can Help You
Improve your production processes
Control volatile energy costs
Improve inventory management
From Small To Large Fims
We Provide Customized Solutions
We work with a diverse range of manufacturing and distribution companies; from small to large; from local to national. This background and deep understanding has allowed us to provide customized solutions to our clients.
Our Customized Solutions
§41 Research and development tax credits
§199 Manufacturing deductions
§263A Uniform capitalization rules
Optimization of state and local taxation
Multi-state and local income and sales tax nexus issues
Tax credits for manufacturers and distributors
State manufacturing exemptions
Obsolescence planning to accelerate tax depreciation and reduce current tax liability
Cost segregation and component depreciation
Our Direct Operation Support Services
Inventory valuation methods
Standard costing and variance analysis
Benchmarking reports and industry surveys
Product and customer profitability analyses
Asset management for inventory and plant equipment
Lean manufacturing and other process methodologies
Supply chain and logistics
Development of internal management reporting systems
Production and inventory control system reviews
Internal control evaluations
Significant Tax Savings
Contact us today to discuss some of the significant tax savings and process improvements we have been able to obtain for our Manufacturing clients.