Look beyond revenue to maintain long-term growth for your manufacturing company
Successful manufacturers know that the key to sustainable growth is increasing profits, not just revenue. Let’s take a closer look at some ways you can boost your bottom line. Reduce overhead Increasing profits doesn’t always mean plant layoffs. Often, overhead […]
Read More What drives value for manufacturing companies?
Manufacturers are as varied as the products they make. They come in different sizes and specialties. So no universal formula applies when determining their value. Instead, a business valuator must fully understand the subject company’s operations to arrive at an […]
Read More How to choose the best inventory accounting method for your manufacturing company
Your choice of accounting method for determining the value of your manufacturing company’s inventory can significantly impact your overall tax bill. Here are answers to some key questions regarding the tax and financial implications of the two most common methods: […]
Read More Want to launch a manufacturing company? Factor in the tax treatment of start-up costs
Starting a manufacturing company isn’t a decision to be taken lightly. But given the current demand for innovative, technology-driven solutions to an array of challenging problems, there are many new opportunities for entrepreneurs to grasp. Of course, getting a manufacturing […]
Read More Manufacturers should consider these 7 midyear tax-reduction moves now
July marks the halfway point of the year and is generally an ideal time for manufacturers to assess their tax situation and plan appropriate strategies for reducing their 2024 tax liability. Bearing in mind that every company’s situation is unique, […]
Read More Further investing in automated equipment may be the right move for manufacturers
Read More Can your manufacturing company benefit from a cost segregation study?
Cost segregation studies may allow a manufacturer to accelerate depreciation deductions on certain items, thereby reducing current taxes and boosting cash flow. Here’s how.
Read More IRS issues final regulations regarding the Advanced Manufacturing Investment Credit
The IRS has issued final regulations regarding the Advanced Manufacturing Investment Credit (often referred to as the “Sec. 48D credit”). Here’s what manufacturers need to know.
Read More 8 strategies for boosting your manufacturing production capacity
There are many ways to increase your manufacturing capacity without expanding your plant. Here are eight.
Read More 10 ways cloud computing can benefit manufacturers
Has your manufacturing company fully embraced the power of cloud computing?
Read More Reverse sales and use tax audits can reveal refund opportunities for manufacturers
Don’t leave manufacturing tax exemptions on the table. Learn how a reverse sales and use tax audit can uncover potential tax savings.
Read More Structuring your manufacturing company as an S corporation or LLC can result in different outcomes
There are many variables to consider when choosing how to structure your manufacturing company.
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