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Just been bought? Six Tips for Successfully Achieving First Year Audit
9 days ago
If you've never been through an audit before, check out these best practices to avoid surprises and help the process flow smoothly.
How the ‘Securing a Strong Retirement Act (SECURE 2.0)’ Improves Retirement Security for Workers and Impacts Employers
one month ago
Employees have a range of new benefits with the passing of the Securing a Strong Retirement Act (SECURE 2.0) in late 2022. Discover the impact this retention tool may have on your business.
INDUSTRY ALERT: Delayed Tax Fix Requires Attention and Decision
one month ago
Unfortunately, the requirement to capitalize research and experimental (RE) expenses was not deferred in a 2022 year-end tax bill as many expected. With congress unlikely to act in time, action is needed now to avoid underpayment penalties.
Lean Labor Strategies Can Help Address Workforce Shortages
one month ago
Companies that prioritize culture, automation and supportive systems can have an easier time getting, and keeping, the right people in the right roles to increase productivity and keep manufacturing moving.
Are You Ready to Transition or Exit Your Business?
2 months ago
As an owner, you may have reached a decision to sell your business, with the objective of optimizing the value of the asset representing 90+% of your net worth.
Tax Planning Strategies Now and Into the Future
2 months ago
There is still time before year end to capitalize on some tried and true tax planning strategies. These planning ideas will also be great in a week, month or year.
IRS Issues §174 Capitalization Guidance
3 months ago
On December 12, the IRS issued Revenue Procedure 2023-8 setting forth guidance for taxpayers making accounting method changes under the new §174 capitalization rules that went into effect on January 1, 2022. The guidance comes at a time when taxpayers and practitioners are still hopeful that the capitalization requirement will be deferred or eliminated by Congress and []
You may still depreciate 100%…if you act before 12/31/22.
3 months ago
Prepare for the sunsetting of bonus depreciation over the next several years...and don't miss an opportunity to take 100% on qualified items by the end of 2022.
Weighing Options for Near-Shoring: Four Models for Manufacturing in Mexico
3 months ago
The path to manufacturing in Mexico depends on your needs, and there are several models to consider.
Understanding Your Logistics Spend: 5 Tips to Trim Budgets in 2023
4 months ago
Use these five insights to find opportunities for savings in transportation costs.
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