Just as the biofuels production and refining process is complicated, the industry's accounting, tax and consulting needs are not easy tasks to get right. Kennedy and Coe works regularly with biofuels plants to maximize profitability and has paid tangible benefits to a biofuels design/engineering firm as well as processing plants. Our longstanding presence in and commitment to the central United States – the cradle of biofuels production – gives us a unique insight into the needs of this dynamic industry.

We work directly with biofuels operations to chart, enhance and maximize the most profitable path to the future; identifying and capitalizing on the many tax, accounting and subsidy nuances that can add millions of extra dollars to your organization’s cash flow each year. Our services include:

• Start-Up Consulting – If you are establishing your own biofuels plant or operation, our professionals can help you line up resources, recruit investment partners and explore alternative financing options to raise the millions of dollars needed to build your facility.
• Tax Incentive Consulting – We can help you take maximum advantage of the wide range of tax savings available through government initiatives and incentive programs unique to the biofuels industry.
• Human Resources (HR) Consulting – We can make your company’s HR functions more effective, efficient and legally compliant, identifying efficiency issues and addressing them with programs and services designed to deliver positive results.
• Strategic Planning and Board Retreats – Kennedy and Coe is available to help your company plan for its success, giving you the guidance and resources you need to position your company for continued growth.
• Cost Segregation – Because of the unique nature of biofuels plants, operators can often take advantage of a shorter depreciation life and defer paying taxes, increasing cash flow and allowing you to concentrate your assets on paying down debt or building cash reserves.
• Profit-Driven Tax and Audit Services – We can help you stay on top of the issues and trends affecting your business and industry, as well as the availability of income tax credits, to help you succeed.

The professionals at Kennedy and Coe have years of experience and understand the unique nuances that affect the biofuels industry. We can help you identify your opportunities and ensure that your operation is as profitable as possible.

Accounting for profit

The complexity of today’s operations requires careful set-up, training, installation and reporting of fuel, commodities, RINs, etc. A trusted adviser on your side helps foresee problems beforehand, and manage ongoing concerns, including:

• Needs analysis and accounting systems selection
• Inventory control and procedures
• Intercompany consolidation accounting
• Hedging systems and accounting processes
• Accounting systems integration with fuel terminal software and grain management software
• Accounting policy and procedures
• Project management of system installs and training
• Accounting staff training and process flow modeling Financial institution contacts for leasing and equipment financing

For more information, call 800–303–3241, or e-mail us at dlarson@kcoe.com.

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