Uncommon problems deserve uncommon solutions.
At Herbein + Company, Inc. we continually develop our staff to enable them to provide you with sound financial solutions. In-depth knowledge of both uncommon problems and uncommon solutions is necessary to understand your unique issues and improvement opportunities.
Specialized Manufacturing Services
- Job costing assessment or activity-based costing
- Identifying and solving inventory/production reporting errors
- Assisting under performing companies
- Preparing compensation plans and incentive programs
- Benchmarking, trend, sales and product mix analysis
- Seeking, negotiating and obtaining financing
- Preparing budgets and forecasts
- Multi-state tax planning
- IRS representation
- Lease vs. buy analysis
Your Goals - Your Objectives - Our Expertise
Our goal is to utilize our expertise so that you can concentrate on the goals and objectives of your business. To reach our goal, we can assist you with the following:
- Employee benefits planning
- Business succession planning
- Business valuations
- Inventory control systems
- Regulatory compliance
- Mergers + acquisitions
- Operational efficiency reviews
- Contract negotiation assistance
- Computer hardware/software selection and training
Research & Experimentation Credit Study
As a manufacturer or producer, you should consider whether your business is eligible for significant federal and state tax credits. A number of businesses are revisiting the Research and Experimentation Credit and receiving significant tax benefits for doing so.
Study Benefits
The benefit of a research and experimentation study may uncover significant opportunities for reduction in what you pay in federal and state taxes and you may also be eligible for refunds of federal taxes for the recent year and also prior years that remain open to the filing of amended returns, plus the interest that may have accrued.
Costs that Qualify
There are different costs that qualify for the credit calculation. Wages, supply costs, outside consulting and computer programming costs in the development of a new process or product can qualify. These are all the costs incurred up until the time the product or process is ready for commercial production. The wages of all individuals that are involved in the conceptualization of the development of the new product or process are considered.
Value of the Study
Based on an average of the studies we have completed, the benefit to the companies exceeded $100,000. In addition, there are significant credit benefits for 2007.