For over 90 years, we’ve earned an outstanding reputation for knowledge, accuracy and delivering consistently sound advice for Small Business Owners. Our experience and insight ensures that we provide your non-profit with the best guidance and accurate accounting services - so you can concentrate on what matters.
Complying with Sales and Use Tax Regulations when operating a high volume manufacturing business can be tricky. The Manufacturing Industry has some specific Use Tax intricacies that further complicate the process. Mordfin's Manufacturing expertise allows us to guide your business with local, state and federal Sales and Use Tax laws. Put your mind at ease, and concentrate on what matters most to your business. We'll take care of compliance.
Tracking and accounting for the myriad financial transactions your Manufacuturing Company processes can be a tedious and error prone task. Mordfin's Manufacturing accounting specialists can assist your company in maintaining complete, accurate and up-to-date financial records, with a focus on vertical specific accounting processes, regulations and compliance needs.
Section 263A of the Tax Code is simple in concept, but extremely complex from a regulatory and compliance perspective. At it's core, the provision takes aim at the capitalization rules for inventory. All manufactureres produce and purchase inventory - unfortunately, in order to comply with the laws, taxpayers must navigate a minefiled of statutory and regulatory guidance and employ a series of confusing allocations. The Manufacturing Specialists at Mordfin have a wealth of experience managing the 263A process, and can ease the burden of this important financial task for manufacturing companies.
Your insurance company uses codes to identify specific categories of work. These codes are utilized to effectively estimate workers compensation rates, taking into account the level of risk associated with the role's duties. Mordfin can identify and report Job Classifications and help you understand your workes compensation coverage needs.
Perhaps the most important business responsibility is seeing that taxes are collected, and paid at the proper time to local, state and federal authorities. Morfin's Manufacturing specialists will assist your company to understand, prepare and file monthly, quarterly and annual payroll, sales and corporate reporting, and income tax returns.
The audit process for manufactureres goes beyond the books. Mordfin can help your company stay on top of all of your numbers, from payroll to inventory, and execute a regular audit process to ensure your business is financially sound.
Are you preparing for an IRS Audit? Mordfin can help you get the books in order and prepare you for the inevetiable questions coming your way... We've helped thousands of clients undertand their IRS audit, comply with requests for documentation and provide the details that the government needs to satisfy their inquery.
We'll work with you to develop a comprehensive financial plan based on your unique needs and long-term vision for your business.
We serve clients throughout the Tri-State area. And we’re available whenever you need help or advice. We can meet with you in our office or yours, and we can work remotely, assuring your sensitive data is securely protected.
Find out more. Contact us to schedule a complimentary meeting to discuss your business and how Mordfin Group can help you turn challenges into opportunities to reach your goals.