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
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…
6.23.23
Harmful Tax Changes You May Have Overlooked
To properly plan for your manufacturing business, you need to know the items that will affect not only your operations but the results that the…
6.21.23
Appreciating the Helpful Balance of Bonds
Stock market and interest rate uncertainty may cause some investors to turn to bonds. Perhaps the most “user friendly” bond is a U.S. government savings…
6.21.23
Adopting a Child? Bring Home a Tax Break Too
Two tax benefits are available to offset the expenses of adopting a child. In 2023, adoptive parents may be able to claim a credit against…
6.21.23
The Tax Obligations if Your Business Closes Its Doors
Sadly, many businesses have been forced to shut down recently due to the challenges of the economy, including the supply chain. If this is your…