1.21.25
Segmented Income Statements Can Help Enhance Profitability
Most manufacturers issue companywide income statements. But have you considered digging a little deeper into your numbers with a segmented income statement? If properly designed,…
1.21.25
Manufacturers: Are You Conducting Productive Employee Reviews?
Conducting effective performance reviews can be challenging. They require significant management effort, and there’s potential for conflict if an employee disagrees with the assessment. However,…
1.21.25
Four Signs That Your Budget Is Unreliable
You’ve likely already begun your manufacturing company’s 2025 budget planning. A comprehensive, realistic budget allows you to identify potential cash shortages, production capacity constraints and…
1.20.25
Inventory Valuation Methods for Manufacturers
One of the most impactful accounting decisions manufacturers make is selecting the method used for inventory costing. Choosing the right method for your business will…
1.20.25
The Standard Business Mileage Rate Increased in 2025
The nationwide price of gas is slightly higher than it was a year ago and the 2025 optional standard mileage rate used to calculate the…
1.20.25
2025 Tax Calendar
To help make sure you don’t miss any important 2025 deadlines, we’re providing this summary of when various tax-related forms, payments and other actions are…
1.13.25
Small Business Strategy: A Heavy Vehicle Plus a Home Office Equals Tax Savings
New and used “heavy” SUVs, pickups and vans placed in service in 2025 are potentially eligible for big first-year depreciation write-offs. One requirement is you…
1.13.25
The Tax Treatment of Intangible Assets
Intangible assets, such as patents, trademarks, copyrights and goodwill, play a crucial role in today’s businesses. The tax treatment of these assets can be complex,…
1.13.25
Married Filing Separately: When It Makes Financial Sense
Filing joint tax returns generally results in the lowest tax bill for married couples. However, there are some circumstances where married couples will pay less…
1.13.25
Answers to Five Key Tax Questions About 2025 Taxes
Right now, you may be more focused on your 2024 tax bill than on planning your tax finances for the new year. However, as you…