To stay competitive, manufacturers must implement the right pricing strategy

Inflation. Labor shortages. Supply chain delays. Manufacturers have had a lot on their plates the past couple of ...
Continue Reading →

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 ...
Continue Reading →

On the road again: It’s time for manufacturers to review business travel expense deduction rules

Business travel has been picking up again this year. If your manufacturing company has recently resumed travel to ...
Continue Reading →

5 tips for reducing workers’ compensation costs

For most manufacturing businesses, workers’ compensation insurance is a significant expense. Here are five tips for better controlling ...
Continue Reading →

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 ...
Continue Reading →

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 ...
Continue Reading →

How manufacturing companies can benefit from the Section 179 expensing deduction

Does your manufacturing company need to acquire new equipment to meet demand? Fortunately, there’s a tax break that ...
Continue Reading →

Operating in multiple states may have tax implications for manufacturers

Nothing is certain but death and taxes. While this may apply to federal taxes, state taxes are a ...
Continue Reading →

Bring manufacturing workers into the fold with a strong employee benefits package

The labor shortage in the manufacturing sector has been well documented. As of October 2021, the number of ...
Continue Reading →

If your manufacturing company is considered “small,” it may be eligible for tax benefits

Small-sized manufacturers may enjoy several tax advantages that allow them to reduce their tax bills, defer taxes and ...
Continue Reading →

Manufacturers, aim to hire “target” workers this year to claim the WOTC

If your manufacturing company is like many others in the industry, you’re having difficulty finding top-notch new hires ...
Continue Reading →

Independent contractor vs. employee: Are your manufacturing workers properly classified?

Manufacturing company owners may mistakenly believe that the misclassification of employees as independent contractors doesn’t really matter, so ...
Continue Reading →