23 2022
Cheryl Lanese CPA CCIFP
If Your Manufacturing Company Is Considered a “Small Business,” It May Be Eligible for Tax Benefits
Small-sized manufacturers may enjoy several tax advantages that allow them to reduce their tax bills, defer taxes and simplify the reporting process. Federal tax rules used to generally define a “small business” as one with average annual gross receipts of $5 million or less ($1 million or $10 million in some cases) for the three […]
Read the full article