Tim Finerty

Tim Finerty

Shareholder, Industrial Automation

Tim provides tax, accounting and consulting support to help industrial automation companies maximize profitability.

What is your area of focus?

I provide high-level tax, accounting and consulting services to business owners of domestic closely-held companies and foreign-owned subsidiaries. As practice leader for our Industrial Automation sector, I am particularly attuned to the needs of system integrators, manufacturers and distributors; guiding many on their growth and strategic plans, including expansion to other states and countries with a focus on Mexico.

How long have you been at Clayton & McKervey?

Since 2001

What is the favorite part about your job?

Providing value-added services that meet my clients’ needs.

Specializations

  • Advice and counsel to entrepreneurial business owners
  • Research & Experimentation tax credits and IC-DISC analysis
  • Mexican & Latin American tax and accounting: entity structure, transfer pricing, exchange rates
  • Assurance services with focus on Financial Reporting Framework for Small and Mid-Sized Entities
  • Consultation for improving key financial indicators
  • Digital Transformation

Education

  • Bachelor of Science in Accounting, Michigan State University

Connections

  • Automation Alley, Board Member & International Business Advisory Council
  • Control Systems Integrators Association, Affinity Program
  • Michigan Association of Certified Public Accountants, Manufacturing Task Force
  • Association for Advancing Automation
  • Pine Lake Country Club, Board Member

Tim 360°

If you had to choose a different job, what would it be?
A professional golfer

What’s your favorite movie line?
Show me the money!

If you could learn anything, what would it be?
How to fly an airplane

Articles by Tim Finerty

5 Valuation Tips for Industrial Automation Companies

Business valuation concerns are just as important to industrial automation leaders as they are to owners in other big market sectors Capital Valuation Group a key Clayton McKervey partner that focuses almost exclusively on business valuation consultation recommends getting an early start and treating valuation like a routine investment check We have collected some insights here on how to adopt that investor mentality and apply it to your business

by Tim Finerty

Putting Culture into Action: How to Improve Employee Engagement

Once your organization has a cultural framework in place people need to know that it s real Meaningful actions that they can see and feel are essential to building lasting engagement The kind of engagement we re talking about goes beyond mere job satisfaction it s a willingness to invest discretionary effort in the mission of your organization

by Tim Finerty

Building a Foundation of Trust for Internal Communications

Learn about the role internal communications practices play in establishing a vibrant organizational culture When you have processes like this in place your cultural objectives have a better chance of success In turn this boosts engagement in a way that makes people want to invest discretionary effort in fulfilling your organization s purpose

by Tim Finerty

Leadership: The Key to a Thriving Company Culture

For any set of cultural beliefs and behaviors to become an authentic part of your company s daily work experience you need culture champions at every level of the organization There s no question that your team of champions must include front line workers but studies confirm that middle and line managers are also essential catalysts for culture adoption

by Tim Finerty

Retaining Top Talent in a Post-Pandemic World

Company culture plays a critical role in attracting and retaining top talent Learn how the pandemic has changed work as we know it and what coming back to work looks like

by Tim Finerty

Win the Talent Game with Culture

Attracting and retaining top talent in an increasingly competitive post COVID hiring market has become a hot topic for business leaders in many sectors including those who specialize in industrial automation Learn how company culture can have a positive impact

by Tim Finerty

Creative Ways to Build Culture

As 2021 presses on one thing that remains on everyone s minds is talent Tune into our upcoming live video event series to learn why culture is such an important piece of the talent puzzle and how it can help your business thrive

by Tim Finerty

Misconceptions About the Research & Experimentation Tax Credit

As companies put more emphasis on Industry 4 0 and business processes become more automated and accessible the opportunities for Research Experimentation tax credits increase

by Tim Finerty

by Bryan Powrozek

Automation is the Solution for Maximizing ROI

As more and more companies face the pressure to create a higher performing product as efficiently as possible a number of them are now adopting Industry 4 0 technology to adapt their workflows to the 21st century And as a result of embracing this evolution these businesses are reaping the benefits

by Tim Finerty

Research & Development Funding for Control Groups

A common misconception about the Research and Development Tax Credit for Increasing Research Activities hereinafter the R D Credit arises when control group members share expenses related to qualified research activities and when the ultimate user or decision maker is not the same entity that conducted the research activities

by Sarah Russell

by Tim Finerty

Mexico’s Payment Receipt Complement: Are You Ready for it?

It is essential that the information received by the taxpayers be precise to avoid penalties

by Tim Finerty

Considering Doing Business in Mexico? Six Things to Know Before You Go

There are six key issues to consider before a business expands to Mexico It is strongly recommended to consult a tax and accounting advisor before doing business in Mexico to avoid penalties fees and fines

by Tim Finerty

The Sound of Automation Podcast

Industrial automation businesses are the driving force behind Industry 4.0, and Clayton & McKervey is here to help.

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