Key Tax Limit Changes for 2025 By: David M. Reape Each year, tax-related limits affecting businesses are adjusted for inflation. While many have increased for 2025, the rate of increase has slowed due to cooling inflation. Below are some key […]
Preventing Cybersecurity Threats in Manufacturing By: Michael Shoffner As manufacturers adopt advanced technologies like the Industrial Internet of Things (IIoT), robotics, and automation, cybersecurity becomes increasingly vital. While these innovations enhance productivity and efficiency, they also create new […]
What the Latest Agribusiness Developments Mean for You By: Sue Bennett Farms have been in the news lately, along with speculation about what the government will do to help farmers. The new year brought important updates for the agribusiness industry, including […]
Protecting your Business from Deepfake Deception By: Tony LaNasa Deepfakes—digital manipulations created using artificial intelligence (AI)—are making it increasingly difficult to distinguish between what’s real and what’s not. While these AI-generated creations have transformed industries like entertainment, education, and […]
Business Deadline: File W-2s and 1099-NECs by Jan 31 By: David M. Reape As the 2025 tax season begins, businesses must prepare for the upcoming deadline to submit certain information returns to the federal government and provide them to workers. By January 31, […]
Confused about the BOI Reporting Requirement? By: Susan Kornatowski Over the past few weeks, there has been a lot of back-and-forth drama surrounding the BOI reporting requirements. Here’s what you need to know: As of 1/24/2025, FinCEN confirmed it […]
Identity Theft Awareness Week 2025 What would you do if your identity was stolen? In 2023, the Federal Trade Commission (FTC) received over 1.4 million reports of identity theft. This Identity Theft Awareness Week, the […]
Simplify Tax Season: Help Your CPA Help Your Business By: James Reynolds As tax season begins, businesses are encouraged to take proactive steps to simplify the filing process, making it faster and more efficient for their CPA. Set Up Your IRS Online […]
Business Mileage Rate Increases in 2025 By: David M. Reape In 2025, the standard business mileage rate has increased slightly, reflecting a small rise in the national gas prices. The IRS has announced that the new cents-per-mile rate for business […]
How to Protect Yourself from Tax Season Scams By: Tony LaNasa Remember: The IRS does not contact taxpayers by email, text messages, or social media channels to request personal or financial information. As tax season approaches, it’s important to stay alert […]
Protect your Business from Predatory Lenders By: Tony LaNasa Whether you’re a budding entrepreneur seeking startup capital or an established business owner looking to fund an acquisition or expand your product lines, it’s essential to approach lenders cautiously. Scammers […]
The Power of Effective Employee Reviews in Manufacturing By: Daniel Kaminski Performance reviews can be demanding, requiring time and effort from management while risking conflict if employees disagree with evaluations. However, when approached thoughtfully, reviews can boost productivity and improve employee […]