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Business Accountant Financial Using Calculator for Estimated Tax Earning Account of Products Stock, Double Exposure of Entrepreneurs People Calculating Stock Investment for Strategic Manageme
4.2.24

Augmented Reality is the New – and Better – Reality in Manufacturing

Manufacturers that seek greater cost reductions, increased speed and fewer errors are increasingly implementing augmented reality (AR) technology to improve processes throughout their manufacturing operation.…

Block image of LLC and Block image of SCORP with cartoon image of man in the middle with question mark bubble over his head
4.2.24

Structuring Your Manufacturing Company as an S Corporation or LLC Can Result in Different Outcomes

When it comes to business structure, manufacturing company owners have a few choices. Among them are an S corporation and a limited liability company (LLC).…

Computer dot image of a house
4.2.24

Four Things Contractors Should Know About Smart Buildings

Nowadays everything is “smart,” from phones to watches to appliances to, well, buildings. In a smart building, major systems — such as HVAC, lighting and…

Portrait of a group of architects at construction site
4.2.24

The Essentials of a Subcontractor Prequalification Process

The construction business is risky business — with inflation, supply-chain complexities and the skilled labor shortage all combining to make life interesting to say the…

Portrait of happy construction site manager wearing safety vest and blue helmet.
4.2.24

Construction Companies Can Manage Their Workers’ Comp Costs

For construction businesses, workers’ compensation insurance is a must-have. Unfortunately, because of factors such as inflation and labor shortages, the cost per claim has generally…

Q2 2024 Tax Calendar
4.1.24

2024 Q2 Tax Calendar: Key Deadlines for Businesses and Employers

Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of 2024. Keep in mind that…

Timothy L. Corapi, CPA audit manager
3.19.24

SECURE 2.0 Roth Catch-Up Contribution Rule

The Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act, enacted in December 2022, brought wide-ranging changes to retirement plans. One of the significant…

People figurines "conducting business negotiations" next to wooden boxes with printed images of trade goods and services
3.18.24

Bartering Is a Taxable Transaction Even if No Cash Is Exchanged

If your small business is strapped for cash (or likes to save money), you may find it beneficial to barter or trade for goods and…

Family of four sitting together and smiling for a photo
3.15.24

The Child Tax Credit Is Still Available

Parents know that raising children is expensive. Although some of the enhancements of the Child Tax Credit (CTC) have expired, this valuable credit is still…

Older man looking closely at a computer screen with his hand resting on his chin
3.15.24

Have You Recently Reviewed Your Life Insurance Needs?

At one time, life insurance played a much larger part in an estate plan than it does now. Why? Families would often use life insurance…