Do You Know How SECURE 2.0 Will Affect Your Manufacturing Company?
The SECURE 2.0 Act, enacted at the end of 2022, expands on the retirement plan improvements made by the Setting Every Community Up for Retirement Enhancement Act of 2019 (the […]
Category: Manufacturing
Manufacturers: Get Ahead of Cybercriminals Before It’s Too Late
Just because manufacturers may not sell directly to consumers doesn’t mean they’re not at risk of a cyberattack. Indeed, they may be directly affected when their customers or vendors get […]
7 Tax-Saving Opportunities for Manufacturers in 2023
After your manufacturing company’s 2022 tax return has been filed, you can focus your efforts on reducing its 2023 tax liability. What are the top tax-saving opportunities available to manufacturers […]
Employer-Provided Child Care Credit Helps Manufacturers Help Their Workers
It’s certainly not news to you: There is a severe labor shortage in the manufacturing sector. In fact, according to the National Association of Manufacturers, nearly 2.1 million manufacturing jobs […]
Hit the Books! A Fixed Asset or Cost Segregation Study Could Boost Manufacturers’ Cash Flow
If you’re seeking opportunities to improve your company’s cash flow, consider a fixed asset or cost segregation study. Manufacturing is a capital-intensive industry, so it’s critical to ensure that fixed […]
Manufacturers: Be Aware of These 3 Business Tax Provisions Currently in Limbo
Are you up to date on the latest tax law changes that could affect your manufacturing business? Barring further legislation, certain key tax provisions have expired or have begun to […]
Manufacturers, Be Proactive: “Recession-Proof” Your Business Now
You’ve likely heard the steady drumbeat of news that 2023 may see a global recession. Whether that prediction comes to fruition depends on myriad variables. However, as a manufacturing company […]
3 Ways Manufacturers Can Prepare for the Next Supply Chain Disruption
Before the COVID-19 pandemic, many manufacturers’ supply chain management efforts focused on reducing costs and increasing efficiency, in some cases at the expense of flexibility and resiliency. But the pandemic […]
Manufacturers Must Act Now to Maximize Depreciation-Related Tax Breaks for 2022
As the end of the year nears, manufacturers are looking to get the most tax bang for their buck. One proven method is to maximize tax breaks relating to depreciation. […]
To Stay Competitive, Manufacturers Must Implement the Right Market Strategy
Inflation. Labor shortages. Supply chain delays. Manufacturers have had a lot on their plates the past couple of years. Across the board, the result has been increasing prices. But raising […]
Inflation Reduction Act Enhances Payroll Tax Break for Small Manufacturers’ Research Expenses
Is your manufacturing company on the cutting edge? It’s important to keep pace with the competition, especially if you’re trying to carve out a niche in a new marketplace. Fortunately, […]
On the Road Again: It’s Time for Manufacturers to Review Business Travel Expense Deduction Rules
Business travel has been picking up again this year. If your manufacturing company has recently resumed travel to visit key customers and suppliers — or is planning to soon — […]
