12.6.24
Feeling Charitable? Be Sure You Can Substantiate Your Gifts
As the end of the year approaches, many people give more thought to supporting charities they favor. To avoid losing valuable charitable deductions if you…
12.6.24
A Cost Segregation Study May Cut Taxes and Boost Cash Flow
A cost segregation study is a strategic tax planning tool that allows a business property owner to accelerate depreciation deductions. That, in turn, will enable…
12.6.24
A Valuation May Lead to a Better Business Future
If someone suggests that you should have your business appraised, you might wonder if that’s a subtle suggestion that you should retire and sell the…
12.6.24
Anticipating Tax Changes After the 2024 Election
President-Elect Donald Trump is set to return to the White House in 2025—a year already anticipated to bring significant activity on the federal tax front.…
12.6.24
Critical Questions to Ask About Internal Controls
When fraud strikes manufacturers, the effects can be devastating. The median fraud loss in the manufacturing sector was $267,000, according to the 2024 Report to…
12.6.24
Create a Business Continuity Plan Before the Next Crisis Affects Your Manufacturing Company
In the wake of the pandemic and the ongoing threat of natural disasters, a business continuity plan is a must for a manufacturing company. Your…
12.6.24
How To Handle the Changes to R&E Tax Treatment
The Tax Cuts and Jobs Act (TCJA) included a significant — but delayed — change to the tax treatment of research and experimentation (R&E) expenses…
12.6.24
Tax Planning for Expiring Trump Tax Cut Provisions
The Tax Cuts and Jobs Act (TCJA) of 2017, signed into law by then-President Trump on December 22, 2017, represents the most significant tax overhaul…
12.6.24
The IRS Issues Final Regs for the Advanced Manufacturing Production Credit
The IRS has published final regulations for the Section 45X advanced manufacturing production credit, clarifying and expanding key provisions from the proposed regulations released in…
12.6.24
Integrated Project Delivery Model Offers Many Benefits
The Integrated Project Delivery (IPD) model of construction isn’t new. But in an increasingly competitive and risky building environment, it’s been gaining in popularity in recent…