Manufacturing & Construction

Flagel Huber Flagel delivers solutions to help manufacturing and construction companies succeed in a complex business environment. These industries are being challenged in many ways such as intense domestic and foreign competition, fluctuations in commodities and component costs, and economic uncertainty, to name just a few. We work hard to stay current with industry developments and market trends that impact your business.

Our professionals have the experience and knowledge in providing valuable audit services (as well as other attestation services); tax and consulting services aimed at strategies and solutions to help companies face these challenges head on in order to satisfy customer needs while at the same time maximize shareholder profits and value.

Our Manufacturing & Construction clients are a diverse group involved in many industries and products, some of which are as follows:

  • OEM
  • Contract Manufacturing
  • Food
  • Commercial and Residential Hardware
  • Heating, Water Treatment Systems, and Plumbing
  • Health and Personal Care
  • Medical devices
  • Metal Forging and Stamping
  • Metal and Plastic Fabrication
  • Recycling
  • Packaging
  • Wire and Cable
  • Printing and Publishing
  • Equipment
  • Warehousing and Transportation
  • Financial forecasting, budgeting and modeling
  • Mergers and acquisitions, succession planning and strategic planning
  • Purchasing companies
  • Transfer pricing
  • IC-DISC and other international tax and business strategic planning
  • Research and Development strategies and tax credits
  • Internal control and risk solutions
  • Succession planning
  • Key management retention plans
  • Employee benefit plan design and compliance
  • Multi-state tax assessment and planning
  • Local and State Tax Incentives
  • Profitability and operational analyses
  • Financing assessment, structuring and negotiation
  • Debt restructuring
  • Cost segregation studies to enhance tax depreciation deductions
  • Business valuation
  • Information technology
  • Inventory management
  • Real estate and equipment acquisition/leasing studies
  • General contractors
  • Homebuilders
  • Specialty trade subcontractors
  • Material suppliers
  • Architectural and engineering firms

Our Services
Our tax compliance services provide you with high-level expertise and sound support for positions, methods and techniques. Annual income tax filings require complex planning to minimize tax liability and utilize the various credits afforded to these industry. Some of the tax services we can provide include:

  • Income tax return preparation
  • Income tax planning
  • State and local income tax advisory
  • Tax credits and incentives
  • Method of accounting elections
  • Tax structuring of transactions
  • Long-term contract tax accounting
  • Development cost planning
  • Percentage completion analysis, compliance and planning
  • Cost capitalization analysis, compliance and planning

Another key area of service we provide to our manufacturing and construction clients is financial statement compliance. Financial statements are generally required to meet financing and surety obligations. The proper presentation of your financial results directly affects your company’s ability to obtain financing and bonding. Our techniques provide improved audit effectiveness and efficiency without compromising our quality or reliability. We balance our commitment to independence and excellence by making it a priority to understand the unique aspects of our clients’ businesses. This approach enables us to focus on the key audit areas and minimize disruption to our clients. Our financial statement compliance services include:

  • Audits
  • Reviews
  • Compilations
  • Agreed-Upon Procedures

Our Manufacturing & Construction Team
John J. Sweeterman, CPA, Partner
Joseph M. Gordon, CPA, Partner
Christopher C. McCaskey, CPA, Partner
Kevin R. Hagstrom, CPA, Partner
Linda B. Hadley, CPA, Manager