For manufacturing companies, Tri-Merit offers specialized tax services that align with the industry’s focus on innovation, efficiency, and asset management. Manufacturers can benefit from the R&D Tax Credit for product improvements, process advancements, and custom equipment development. Cost Segregation services allow manufacturers to accelerate depreciation on facilities, freeing up capital. Additionally, Tri-Merit’s Energy Incentives and Section 179D credits reward energy-efficient improvements, from lighting to HVAC systems, enhancing tax savings. These offerings together help manufacturing clients optimize tax benefits and reinvest in growth and innovation.
From family-owned businesses to some of the largest manufacturers in the country, Tri-Merit has helped companies realize substantial savings. These include companies that specialize in automotive, automation, tool and die, injection molding, plastics, packaging, contract manufacturing, fabrication, medical devices, and more. We also work to identify future savings by recommending additional process improvements and reporting functions that meet IRS guidelines—adding an additional layer of protection in case of an audit.
Examples of qualifying activities for manufacturers seeking the R&D tax credit include:
- Retrofitting existing lines or improving existing techniques
- Design planning for new processes directly related to manufacturing
- Equipment related to development and testing of processes or techniques
- Materials research and testing
- The design and development of new or improved tooling, fixtures, jigs, gages, etc.
- Salaries for skilled workers and for contract services
- Component evaluation process
- Developing process improvements to reduce scrap rates and improve product quality and process performance