9.19.22
Year-end Tax Planning Ideas for Your Small Business
Now that Labor Day has passed, it’s a good time to think about making moves that may help lower your small business taxes for this…
9.14.22
Using AR to Enhance Manufacturing Processes
Rarely used as recently as five or six years ago, augmented reality (AR) has emerged as a technology with the potential to transform manufacturing. Unlike…
9.14.22
Don’t Overlook Tax Considerations When Selling Your Manufacturing Business
If you’re contemplating selling your manufacturing business, be sure you understand the tax implications. The way that your business (as well as the transaction) is…
9.14.22
Manufacturers: Take Note of Key Tax Provisions of the CHIPS Act
The Creating Helpful Incentives to Produce Semiconductors for America Act (CHIPS Act) recently became law as part of the CHIPS and Science Act of 2022.…
9.14.22
Inflation Reduction Act (IRA) Of 2022 – Impact on Your Manufacturing Business
On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (IRA) which includes widespread provisions impacting taxation, healthcare and renewable energy. Although…
9.14.22
Preparing Your Business for Lease Accounting Changes
Updated accounting rules for long-term leases took effect in 2019 for public companies. Now, after several deferrals by the Financial Accounting Standards Board (FASB), private…
9.13.22
Inflation Reduction Act Provisions of Interest To Small Businesses
The Inflation Reduction Act (IRA), signed into law by President Biden on August 16, contains many provisions related to climate, energy and taxes. There has…
9.9.22
Fraud in Cryptocurrency
In the past decade, the majority of worldwide financial transactions have moved online, including the use of cryptocurrency. Cryptocurrency is a type of digital currency…
9.9.22
Protecting Your Business From Organized Crime
During the early stages of the COVID-19 pandemic, many cash-short small businesses turned to their banks, while others sought help from family and friends. Unfortunately,…
9.9.22
IRS Offers Penalty Relief for 2019, 2020 Tax Years
While the recently announced student loan debt relief has captured numerous headlines, it’s estimated that another federal relief program announced on the same day will…