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11.18.22

Inflation Reduction Act Enhances Payroll Tax Break for Small Manufacturers’ Research Expenses

Is your manufacturing company on the cutting edge? It’s important to keep pace with the competition, especially if you’re trying to carve out a niche…

Overhead image of a factory
11.18.22

Manufacturers Must Act Now To Maximize Depreciation-related Tax Breaks for 2022

As the end of the year nears, manufacturers are looking to get the most tax bang for their buck. One proven method is to maximize…

Concept futuristic design. A man Architect or Engineer wearing VR headset for working design 3D architectural building model with BIM technology and virtual reality technology.
11.18.22

How Can Contractors Use Wearable Technology?

Construction companies are increasingly using wearable technology to improve the building process. As you’re probably aware, the term refers to a wide variety of hands-free…

Two construction workers walking on a job site
11.18.22

Prevent Fraud at Your Construction Company With a Holistic Approach

Most experts would agree that the best way to minimize fraud at any company, including a construction business, is to take a holistic approach. As…

Headshot of Ken Gardiner headshot, partner at Dannible & McKee
11.18.22

Cash Is King

With inflation at its highest since the early 1980s, contractors are required to fund higher construction costs in order to perform the same construction operations.…

Headshot of Peggy Rowe, Partner at Dannible & McKee, LLP
11.17.22

Not-for-Profit Organizations and Accounting For In-Kind Donations

Does your not-for-profit (NFP) organization receive in-kind donations? If so, you’ll want to review how the Accounting Standards Update (ASU) 2020-07 on Topic 958 impacts…

The photo has “Health Savings Account” listed on a post-it note with the first letter of each word being in red, arguably to provide an abbreviation of HSA.
11.17.22

Discover the “Hidden” Advantage of HSAs

A Health Savings Account (HSA) coupled with a high-deductible health plan can be a powerful tool for funding medical expenses on a tax-advantaged basis. For…

The photo illustrates someone receiving a phone call from an unknown number.
11.17.22

As Travel Returns, So Do Travel Scams

Even though COVID-19 remains a concern, many people have started traveling again — and are planning to take trips during the holiday season. Unfortunately, as…

modern, abstract style of the numbers of the year “2022”
11.16.22

Year-End Gifts and the Gift Tax Annual Exclusion

With the holidays and year-end approaching, you might be considering making gifts of stock or cash to family members and loved ones. By using your…

Head shot of Shannon Forkin Partner at Dannible & McKee LLP
11.15.22

New York State Health Care and Mental Hygiene Worker Bonus (HWB) Program

If you are a New York State health care employer, you should be aware of the new bonus program which was recently enacted as part…