Manufacturing & Distribution Accounting & Tax Services
Manufacturing
KRD recognizes the vital role manufacturers and distributors play in driving our economy forward, and we take pride in helping them uncover exclusive business and tax advantages. With advances in technology transforming the manufacturing and distribution landscape at lightning speed, staying ahead of the curve has become more important than ever.
For more than 30 years, KRD has been working with manufacturing and distribution facilities to improve profits and promote growth while reducing their tax liabilities.
Our clients range from family owned companies to companies operating internationally. Proactive tax planning is a necessity for the ever changing federal tax rules and it becomes even more critical as state and local tax burdens and compliance become even more stringent and enforced more aggressively, often resulting with non-compliance penalties.
- Inventory accounting
- Tax strategies and preparation
- Tax Incentives – Research & Development (R&D)
- International Services
- Interest-Charge Domestic International Sales Corporation (IC-DISC)
- Audits of privately held and public facilities
- Succession Implementation
- Outsourced accounting services
Distribution
As with manufacturing, distribution offers its own set of complexities for a business. We understand the need for efficiency and effectiveness to grow the profitability. In addition to providing the traditional accounting, audit and tax planning services, we offer a full complement of business advisory services that will help take you to the next level.
Technology & Manufacturing Association
Illinois Manufacturer’s Association
“As a multi-generational family-owned manufacturing company located in the NW suburbs of Chicago, we have worked exclusively with KRD as our accounting firm for more than 15 years. It’s been a perfect fit for us. They have all the expertise and capabilities of the top downtown firms, but with the convenience and cost structure that comes with their suburban location. The relationship is tight. As we on-board the 3rd generation of leadership in our business, we know we have the right partner in KRD to help guide us into the future.”
Dan Falotico, President, Haskris
