Many manufacturer owners may have a ballpark idea of their company’s value. But a professional valuation is essential if you’re considering selling your manufacturing business.…
The adoption of artificial intelligence (AI) in manufacturing isn’t new, but it has grown exponentially in recent years. In 2023, AI investment in the manufacturing…
Following the outcome of the 2024 election, business owners, especially manufacturers, are wondering how this will impact their taxes. Many provisions from the 2017 Tax…
Benchmarking is an essential practice in the construction industry, allowing firms to evaluate their financial performance in comparison to industry standards. In a field known…
Eco-friendly construction? As the housing market has recovered, the industry has been luring talent from every sector. But it’s not easy being green; contractors, developers…
By now, most contractors are well aware of the threat of cyberattacks. However, at least one recent survey indicates that many construction companies still aren’t…
Businesses structured as partnerships, S corporations or limited liability companies generally aren’t subject to the federal corporate income tax. This is because tax liability “passes through”…
If you own a growing, unincorporated small business, you may be concerned about high self-employment (SE) tax bills. The SE tax is how Social Security…
You’re not alone if you’re confused about the federal tax treatment of business-related meal and entertainment expenses. The rules have changed in recent years. Let’s…
As the end of the year draws near, savvy taxpayers look for ways to reduce their tax bills. This year, the sense of urgency is…