Crisis-Proof Your Manufacturing Business
The challenges posed by the pandemic and the constant threat of natural disasters have highlighted the need for manufacturing companies to establish a business continuity plan. This essential tool […]
Category: Articles
Adding a Valuation Expert to Your M&A Strategy
Global merger and acquisition (M&A) activity is expected to exceed $4 trillion in 2025, driven by factors like interest rate cuts from the Federal Reserve, promises of reduced regulations, and […]
Understanding Section 1231 Tax Impacts
Understanding the tax consequences when selling business assets is essential. One key area to focus on is Section 1231 of the Internal Revenue Code, which outlines how gains and losses […]
Strengthen your Nonprofit’s Brand in 2025
If your nonprofit wants to make an organization-wide New Year’s resolution for 2025, how about this: Strengthen our brand. Although branding strategies are usually associated with the for- profit sector, […]
Preventing Workplace Fraud & Collusion
According to the Association of Certified Fraud Examiners, the financial toll of occupational fraud grows exponentially with collusion. A single fraud perpetrator causes a median loss of $75,000. When two […]
Uncertainty Balanced with Optimism Greets 2025
As we embark on the new year and look forward with hope for a successful 2025, a realistic view is that there is still uncertainty in the marketplace. So any […]
Navigating the Work Opportunity Tax Credit (WOTC)
The U.S. Bureau of Labor Statistics reports that unemployment rates remain historically low, fluctuating between 4.0% and 4.3% from May to November 2024. Amid current hiring challenges, the Work Opportunity […]
BOI Injunction Reinstated, Reporting Paused Again
For business owners, monitoring the rules for BOI reporting this month has been like watching a ping pong match. As of Friday, December 27, the requirement to file a beneficial […]
IRS Increases Standard Mileage Rate for Business Use in 2025
The IRS has raised the standard mileage rate for business use by 3 cents, bringing it to 70 cents per mile for 2025. Other mileage rates remain unchanged from 2024. […]
Protect Your Business from BEC Fraud
Business Email Compromise (BEC) has become one of the most costly cybercrimes today. The FBI’s Internet Crime Complaint Center (IC3) reports that between October 2013 and December 2023, organizations suffered […]
Is Your Manufacturing Company’s Budget Realistic?
As you begin planning your manufacturing company’s 2025 budget, it’s essential to create a comprehensive and realistic financial plan. A well-structured budget helps identify potential cash shortages, production capacity limitations, […]
Lower Business Taxes with Local Transportation Cost Deductions
Understanding how to claim deductions for transportation costs can help lower your small business’s tax burden. Each year, you and your employees likely incur various local transportation expenses that carry […]
