6.26.23
The Trust Fund Recovery Penalty: Who Can It Be Personally Assessed Against?
If you own or manage a business with employees, there’s a harsh tax penalty that you could be at risk for paying personally. The Trust…
6.26.23
Before You Scan a QR Code, Make Sure It’s Legitimate
Technology has made seemingly everything fast, convenient and easily accessible. This is certainly true of quick response (QR) codes, those ubiquitous symbols you can find…
6.26.23
That Investment Opportunity Could Be a Pyramid Scheme
The “investment opportunity” someone just pitched could be a legitimate way to get in on the ground floor of a soon-to-be profitable business. However, it…
6.26.23
Minimize Fraud Risk When Operating Abroad
Expanding operations into foreign countries can help U.S. businesses reduce labor and operating costs. It can also provide them with access to new markets and…
6.23.23
How Construction Business Owners Can Prepare for an IRS Audit
The IRS has historically considered construction a high-risk compliance industry because of its potential for cash transactions, underreported income and worker misclassification. What’s more, as…
6.23.23
Ways To Insulate Your Construction Company Against Rising Costs
The construction industry continues to face supply chain slowdowns, labor shortages and inflation — though the latter of the three has generally moderated a bit…
6.23.23
How Much Business Interest Expense Can You Deduct?
The Tax Cuts and Jobs Act (TCJA) imposed a new limitation on deductions of business interest expense by certain companies. And the limit, found in…
6.23.23
Consider Investing in AR to Enhance Manufacturing Processes
While manufacturers continue to face headwinds in rising material costs and difficulties in attracting and retaining a quality workforce, there’s some reason for optimism. Indeed,…
6.23.23
Manufacturers: Achieving and Maintaining a Strong Cash Flow Requires Diligence
Every manufacturer is different, so the right cash flow strategies depend on your situation. Let’s take a closer look at several areas where you may…
6.23.23
Is Your Manufacturing Company Eligible for Clean Energy Tax Credits?
The Inflation Reduction Act (IRA), enacted in late 2022, provides valuable tax credits that support clean energy manufacturing. Significantly, the law created the Advanced Manufacturing…