Houston-Atlanta, Nov. 4, 2011 (GLOBE NEWSWIRE) -- MFG.com, the largest online marketplace for the global manufacturing industry, formally announced a strategic partnership with Paradigm Partners of Houston, Texas. Paradigm Partners, a unique tax services firm, provides R&D Tax Credit, Hiring and Location Incentives (WOTC, HUD, etc.), Cost Segregation, and IC-DISC services to manufacturing and retail clients who are surprised by the government credits and grants they receive which average over $100,000 up to millions.
The goal of the partnership is to increase the awareness and educate manufacturers about lucrative tax incentives that most accountants and CPA firms have chosen not to pursue because of the technical and scientific expertise required by the IRS. Even companies currently taking advantage of some of the incentives are typically underestimating the credit and would benefit from a comprehensive tax credit review by a specialist such as Paradigm Partners.
"Paradigm is privileged to formally partner with MFG.com to further enhance its industry leading online marketplace. Paradigm is perfectly positioned to assist MFG.com’s network of manufacturers with value add services that can further enhance their bottom line and further the mission of MFG.com" said Brian Cameron, Vice President of Business Development at Paradigm.
The alliance of MFG.com and Paradigm Partners is a natural progression of two industry leaders to increase the knowledge of the specialized areas of the Federal AND State Tax codes.
"We are extremely excited to partner with Paradigm as we are constantly searching for new ways to add value for our members. The Federal and State Tax codes can definitely be daunting, especially for small-to-mid sized manufacturers who make up the majority of our valued customer base. This strategic partnership allows us to get them in front of the leading experts in these areas - ultimately helping them reduce cost and make more strategic decisions for their business" said Mitch Free, Founder and CEO of MFG.com.
Paradigm’s no-cost comprehensive benefit estimate is available to all MFG.com members and only takes 10-15 minutes. Please contact Karim Solanji, J.D. at 281.558.7100 x 109 or email KSolanji@ParadigmLP.com to request a no-cost feasibility.
About MFG.com
MFG.com is the largest global sourcing marketplace for the manufacturing industry. MFG.com's platform enables companies to intelligently connect, source, collaborate and perform due diligence with transparency and intellectual property protection. MFG.com has the largest list of machine shops, fabricators, injection molders and contract manufacturers around. It supports virtually all manufacturing processes including Machining, Injection Molding, Fabrication, Stamping, Casting, Assembly, Molding and Industrial Components, is in seven major languages, more than 50 currencies and has more than 200,000 members on five continents. MFG.com is based in Atlanta and has offices in Shanghai and Paris. For more information: www.MFG.com.
About Paradigm:
Paradigm Partners is a professional tax services firm that provides R&D Tax Credit, Hiring and Location Incentives (WOTC, HUD, etc.), Cost Segregation, and IC-DISC services to manufacturing and retail clients in the U.S., Canada and Australia. Paradigm Partners' staff boasts some of the industry's most experienced attorneys, engineers, PHDs, software developers, and audit experts.
Paradigm Partners was recently recognized on Inc. Magazine's 2011 Annual List of America's Fastest-Growing Private Companies - The Inc. 500, where they achieved a No. 37 distinction in the nationally-tracked Business Products and Services category and a ranking of No. 9 in Houston, TX.
Paradigm was also named as the 14th Fastest Growing Company on the Houston Business Journal's 2011 Fast 100 List. This honor is bestowed upon companies with the highest percentage of revenue growth in the Houston area.