Harding, Shymanski & Company provides accounting, tax, and advisory services tailored to manufacturers, wholesalers, and distributors throughout the Midwest and beyond. Our CPAs specialize in lean operations, inventory management, cost control, supply chain management, and evolving industry regulations to help you stay competitive, compliant, and profitable.
Manufacturing & Wholesale Distribution Accounting Services
You deserve expertise that makes a difference. We specialize in addressing the unique challenges faced by the manufacturing and wholesale distribution sectors. With increased competition, rising employee benefit costs, and demands for continuous quality improvement, manufacturers need a partner who understands their industry. Our dedicated team is here to provide that support, going beyond the services typically offered by accounting firms.
So why should you choose Harding Shymanski?
- Tailored Financial Solutions: We offer services designed to address the specific financial needs of manufacturers, so you only pay for what you need.
- Experienced and Credentialed Team: Many of our team members are affiliated with the Association for Supply Chain Management (ASCM) and hold APICS, CPIM, and CIRM certifications. This industry involvement allows us to stay at the cutting edge, spot trends, and provide proactive guidance.
- Scalable Services for Growth: Whether you’re a startup or an established business, our solutions can grow with you, offering crucial insights at each stage.
Comprehensive Manufacturing & Distribution Accounting Services
- Cost Accounting & Inventory Management: Our expertise in cost accounting helps you accurately track production costs and manage inventory to improve cash flow and reduce waste.
- Supply Chain Optimization: We analyze your supply chain to identify areas for cost reduction and efficiency improvements, helping you remain competitive.
- Tax Planning & Compliance: Our team provides proactive tax strategies for manufacturers, including industry-specific tax incentives, to help minimize your tax liabilities.
- Financial Forecasting & Budgeting: Develop realistic forecasts and budgets that align with production cycles, market trends, and long-term business goals.
- Employee Benefit Plan Audits: Ensure compliance with federal regulations while providing transparency for your employees and stakeholders.
- Business Valuation & Succession Planning: Our valuation and succession planning services help you prepare for the future, supporting sustainable growth and business transitions.
Manufacturers Toolkit
Manufacturing eNewsletter
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Explore past issues of our Manufacturing eNewsletter: Manufacturing Newsletter Spring 2025
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Tri-State Manufacturing Alliance
Active Involvement in Regional Industry Associations
Harding Shymanski is a member of GLI’s Advanced Manufacturing & Logistics Network, Indiana Manufacturers Association, Tri-State Manufacturers’ Alliance, and Metro Manufacturing Alliance. As active members of these industry organizations, we value their news, training, and collaboration opportunities. We invite you to explore these resources.
Your Manufacturing Industry Advisors
For details about Harding, Shymanski & Company, P.S.C.’s Manufacturing & Wholesale Distribution services, contact our office in Evansville, IN, or Louisville, KY, or reach out directly to our Manufacturing Team leaders:
FAQs
Manufacturers may qualify for several tax incentives, including the Research & Development (R&D) Tax Credit, Section 179 and bonus depreciation for equipment purchases, Domestic Production Activities Deduction (DPAD) for older tax years, and various state and local credits tied to job creation or capital investment. These incentives can significantly reduce taxable income and increase cash flow.
Accountants at Harding Shymanski specialize in the manufacturing industry. We analyze your inventory turnover, accounts receivable cycles, and vendor terms to identify bottlenecks and improve working capital. We also help forecast seasonal fluctuations, structure financing solutions, and optimize pricing strategies so your business stays liquid and resilient, even during supply chain challenges.
Yes, many manufacturers qualify even if they’re not running a traditional R&D department. If your company is developing new or improved products, processes, equipment, or software, you may be eligible. In 2025, qualified domestic R&D costs are now fully deductible, which further increases the value of the credit. Harding Shymanski’s team can conduct a formal study to quantify the benefit and ensure compliance with IRS requirements.
