Manufacturing/Distribution Articles
Five Tips to Avoid Manufacturing Site Workers’ Compensation Claims
Posted by John George on September 14, 2022
Workers’ compensation costs can quickly overwhelm a manufacturing company — especially if it turns out to be a rough year with many claims. Here are a few ways to rein in these costs.
CHIPS Act Offers 25% Credit for Production of Semiconductors
Posted by Jonathan Roller on September 06, 2022
The CHIPS Act aims to bolster semiconductor production and economic competitiveness. Among its provisions are funding initiatives and an investment tax credit for manufacturing facilities and equipment.
Considerations When Selling A Manufacturing Business
Posted by Jonathan Roller on August 23, 2022
There are many tax-related variables when it comes to selling your manufacturing company. Read more about them.
CHIPS and Science Act of 2022
Posted by Cory Van Deusen V on August 11, 2022
On Tuesday, August 9, President Biden signed into law the CHIPS and Science Act of 2022 (CHIPS Act).
Tax Treatment for Corporate Websites
Posted by Jonathan Herdlein on August 11, 2022
How do you handle the costs involved in developing your business website for tax purposes? Here are the general rules.
Benefits of Section 179 for Manufacturers
Posted by Kristin Re’ on August 09, 2022
If you’re purchasing equipment for your manufacturing company before year-end, determine if it qualifies for the Section 179 expensing deduction.
Hiring Incentives that Make Manufacturing A Career Choice
Posted by Jonathan Roller on July 07, 2022
If your manufacturing company is struggling to attract top talent, a healthy selection of employee benefits, in addition to competitive pay, can be the key to landing the best candidates.
TCJA Increased Tax Threshold Allows Manufacturers to Receive Tax Credits
Posted by Megan Morris-Smith on June 22, 2022
Are your manufacturing company’s gross receipts under $25 million? If so, it may be eligible for small business tax benefits.
Rules of the Work Opportunity Tax Credit
Posted by Jonathan Roller on June 09, 2022
One way manufacturers can widen their hiring pools while potentially qualifying for a valuable tax break is to complete the eligibility requirements for the Work Opportunity Tax Credit.
Classification of Manufacturing Workers as Contractors or Employees
Posted by Kristin Re’ on May 26, 2022
Workers aren’t considered independent contractors simply because a manufacturing company says they are. Given the significant cost of misclassifying workers, it’s critical for manufacturers to make the right determination.