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…
12.6.24
What Contractors Should Expect When Getting Bonded
Under a performance bond, a legally binding agreement is established between a construction company, a surety (the bond provider) and a project owner. Essentially, the bond…
12.6.24
Be Mindful of Backlog: Yours and the Industry’s
In the construction business, backlog is generally defined as the total value of all the projects a construction company has signed contracts for but has…
12.5.24
Does Your Small Business Need to File a Boi Report? The Deadline Is Approaching
Many U.S. small business owners must report beneficial ownership information (BOI) to the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) by January 1, 2025.…
12.2.24
Healthy Savings: How Tax-Smart HSAs Can Benefit Your Small Business and Employees
As a small business owner, managing health care costs for yourself and your employees can be challenging. One effective tool to consider adding is a…