Blog

Ashley Sparks | Nov. 25, 2024

AI in the Manufacturing Sector

Join us for an engaging webinar on AI in the manufacturing sector. We are excited to bring in Tory Bjorklund…

Kevin Berg | Nov. 18, 2024

UNICAP and Inventory: What Every Manufacturer Should Know

For manufacturers, effective inventory management goes beyond balancing stock levels; it also involves leveraging tax rules that can impact the…

Melissa King | Nov. 12, 2024

How to Handle the Changes to R&E Tax Treatment

The Tax Cuts and Jobs Act (TCJA) included a significant — but delayed — change to the tax treatment of…

Kevin Berg | Aug. 29, 2024

Evaluating Your Manufacturing Company’s Multistate Tax Liability

When operating across state lines, it’s critical for manufacturers to understand their multistate tax liability. To determine state tax liability,…

Ashley Sparks | Aug. 19, 2024

How to Choose the Best Inventory Accounting Method for Your Manufacturing Company

Your choice of accounting method for determining the value of your manufacturing company’s inventory can significantly impact your overall tax…

Ellen Alphonso | Jun. 4, 2024

Optional SECURE 2.0 Provisions for Manufacturing Plan Sponsors

SECURE 2.0 introduced over 90 provisions to modernize retirement plans and many of the optional provisions can be utilized to…

Jared Schneidermann | Jun. 4, 2024

8 Strategies for Boosting Your Manufacturing Production Capacity

Are your manufacturing company’s sales up over recent years, causing you to reach maximum capacity? One solution is to expand…

Ashley Sparks | May. 14, 2024

IRS Issues Final Regulations Regarding the Advanced Manufacturing Investment Credit

The Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act — signed into law in 2022 — provides generous…

Ashley Sparks | Apr. 10, 2024

10 Ways Cloud Computing Can Benefit Manufacturers

As the end of the first quarter of the 21st century nears, cloud computing has become an integral part of…

Ashley Sparks | Mar. 27, 2024

Structuring Your Manufacturing Company as an S Corporation or LLC Can Result in Different Outcomes

When it comes to business structure, manufacturing company owners have a few choices. Among them are an S corporation and…

Ashley Sparks | Mar. 18, 2024

Can your manufacturing company benefit from the Work Opportunity Tax Credit?

The quest for skilled laborers in the manufacturing sector continues. Indeed, more than 600,000 manufacturing-related jobs remained open in December…

Randy Feld | Feb. 13, 2024

How Manufacturers Can Factor Depreciation Tax Breaks Into Their 2024 Asset Purchase Planning

When manufacturers purchase equipment and other tangible property, various tax breaks are available, including Section 179 expensing and first-year bonus…