Concannon Miller News

Concannon Miller CPAs will advise brewers on how best to grow their business at the 3^rd annual Brewers of Pennsylvania’s Mid Atlantic Brewers’ Symposium.

The firm’s “Think Like a CFO” presentation will cover cash management, how to access capital, tax strategies and growth planning.

“Advanced financial planning can really make a difference in the success of a brewery,” says Andrew Desiderio, CPA, head of Concannon Miller’s craft beverages niche. “We’re pleased to be able to present tax and financial tips and advice that can boost a brewery’s bottom line.”

Concannon Miller will detail tax credits especially for manufacturers at the Lehigh Valley Business Manufacturing Symposium.

Concannon Miller Shareholder Tony Deutsch, who oversees the firm’s tax services division, will tell manufacturers how they could qualify for lucrative Research and Development Tax Credits and several other tax benefits.

“The R&D Tax Credit is a dollar-for-dollar reduction in your tax liability that all manufacturers should evaluate and take advantage of if they qualify,” Deutsch said. “Manufacturing is alive and well in the Lehigh Valley and there are many available tax benefits available.”

Concannon Miller CPAs will be offering tax tips especially for brewers at the Brewers of Pennsylvania’s Mid Atlantic Brewers’ Symposium.

Andrew Desiderio, who heads the firm’s craft brewing niche, and Denise Hozza, who has worked with brewers for eight years, will offer tips both for startups and established brewers. The symposium is Friday at the ArtsQuest Center at SteelStacks in Bethlehem.

“With the new Malt Beverage Tax Credit and the liquor modernization bill, it’s an exciting time to be a Pennsylvania brewer,” Desiderio said.

For manufacturers to be competitive and profitable, they need to take advantage of all available resources.

That’s something we recognized at Concannon Miller and reached out to local organizations providing services to manufacturers to put together a comprehensive financial resource guide expressly for manufacturers.

The Lehigh Valley Manufacturers’ Guide for Growth covers the many tax incentives, grants, special low-interest financing, and low or no-cost growth consulting programs available to manufacturers in the Lehigh Valley.

Concannon, Miller & Co. was recently accepted into a selective business group for the nation’s top CPA firms serving manufacturers.

Manufacturing CPAs, a Rainmaker Alliances group, is a nationwide affiliation of independently-owned accounting firms committed to delivering exceptional financial and consulting services to manufacturing companies. Membership requires firms to meet stringent standards, a significant portfolio of manufacturing clients and depth and breadth in service offerings.