While most states offer sales and use tax exemptions for certain purchases by manufacturers, the details can vary from state to state. Manufacturers often overlook…
As the end of the first quarter of the 21st century nears, cloud computing has become an integral part of the modern-day manufacturing environment, growing…
After experiencing a downturn in 2023, merger and acquisition activity in several sectors is rebounding in 2024. If you’re buying a business, you want the…
The Inflation Reduction Act (IRA) established and expanded numerous incentives to encourage taxpayers to increase their use of renewable energy and adoption of a range…
If you employ a household worker who isn’t an independent contractor, you may be required to withhold from the worker’s wages and pay Social Security…
If you received a large refund this year, you may want to adjust your withholding. Each year, millions of taxpayers claim an income tax refund.…
Every business wants to cut costs, but it sure isn’t easy. We’re talking about clear and substantial ways to lower expenses, thereby strengthening cash flow…
Let’s say you plan to use a C corporation to operate a newly acquired business or you have an existing C corporation that needs more…
On January 31, 2024, the House of Representatives passed the Tax Relief for American Families and Workers Act of 2024 (HR 7024). This legislation is…
The U.S. Department of Labor (DOL) has issued a new final rule regarding the salary threshold for determining whether employees are exempt from federal overtime…