Simplify Your Tax Filling
Manufacturing activity is growing within the United States and particularly the Carolinas. Costs of doing business within developing countries are rising and many companies have learned that running a supply chain that stretches half-way around the world makes it difficult to respond to customers.
Not only are businesses slowly starting to bring back manufacturing outsourced overseas, but companies based around the globe continue to invest in the United States where they can be close to their markets.
Our manufacturing and distribution clients operate throughout the country and in many instances, throughout the world.
We work with them to minimize the impact that taxes have on their financial results and also to avoid adding complexity to their organizations just to meet their tax filing requirements.
The team at Epping and Associates, CPAs, P.A. has extensive experience working with multi-national and multi-state manufacturing and distribution companies.
Some of the issues we deal with when working with manufacturing and distribution clients include:
- Helping companies understand the taxes they are subject to in different states and what activities open them up to taxation in other states;
- Assisting manufacturers in determining their eligibility for research and development tax credits, computing the credit and establishing the systems of documentation for R&D projects required to support the credits;
- Assisting manufacturers in determining their eligibility for research and development tax credits, computing the credit and establishing the systems of documentation for R&D projects required to support the credits;
- Maintaining tax-basis fixed asset records that compute both federal and each state’s depreciation. Many states have not followed the federal tax changes for bonus depreciation or fixed asset expensing, increasing the complexity of state tax depreciation calculations.
Professional CPAs
We help foreign companies doing business in the United States by providing a wide range of services designed to meet the needs of companies with direct investment in the United States.
