Manufacturing/Distribution Articles
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.
Seven Strategies to Reduce Tax Liabilities for Manufacturers
Posted by Jonathan Roller on May 10, 2022
Put in the work now to implement midyear tax-reduction strategies for your manufacturing company. It could be time well spent come the next time you file taxes.
Three Key Supply Chain Management Questions For 2022
Posted by Jonathan Roller on March 30, 2022
The COVID-19 pandemic exposed the fissures in global supply chains, with recent disruptions proving costly, complex and chronic. Manufacturers will likely continue to face headwinds in 2022, a cause for concern following a turbulent year. To help you navigate the next 12 months, we’ve answered three frequently asked questions from our clients on how to optimize their supply chains amid constant uncertainty and disruption.
Q2 Tax Calendar: Tax Deadlines for Businesses and Individuals
Posted by Kristin Re’ on March 29, 2022
Does this year’s April 18 filing deadline apply to your company? What additional tax deadlines are there for businesses and employers during the second quarter of 2022?
The Impact and Timing of Subsequent Events
Posted by Douglas Muth on March 28, 2022
In today’s marketplace, conditions are ever-changing. By the time you issue year-end financial statements, you may be dealing with a major development that’s affecting your company’s performance. Which developments must be recognized or disclosed in your financials?
Reasons to Accelerate Income and Defer Deductions
Posted by Cory Van Deusen V on March 23, 2022
The best tax planning actions for your business partially depend on whether you expect federal income tax rates to go up, go down or stay the same in the future. Here are some ideas if you think rates could go up.
IRS Increases Mileage Rate for 2022
Posted by Hayden Coll on December 21, 2021
The price of gas is up about $1 a gallon from a year ago. How does this affect the amount your business can deduct for business driving in 2022?