HK News

External auditors are supposed to be public watchdogs who are “independent” of their audit clients, both in appearance and in fact. This may seem like common sense, but independence issues remain at the forefront of stakeholder concerns today.

External confirmations are one of the simplest, but most effective, audit tools. Do you understand how they work?

Psychologists estimate that more than 90% of communication happens through tone of voice and body language. So, when evaluating fraud risks during an audit, a face-to-face interview is critical to help detect nonverbal cues.

Could your manufacturing company owe tax in another state? One way to learn the answer is to conduct a nexus study.

Are your manufacturing company’s gross receipts under $25 million? If so, it may be eligible for small business tax benefits.

If your manufacturing company is struggling to attract top talent, a healthy selection of employee benefits, in addition to competitive pay, can be the key to landing the best candidates.

There are many tax-related variables when it comes to selling your manufacturing company. Read more about them.

If you’re purchasing equipment for your manufacturing company before year-end, determine if it qualifies for the Section 179 expensing deduction.

The CHIPS Act aims to bolster semiconductor production and economic competitiveness. Among its provisions are funding initiatives and an investment tax credit for manufacturing facilities and equipment.

Workers’ compensation costs can quickly overwhelm a manufacturing company — especially if it turns out to be a rough year with many claims. Here are a few ways to rein in these costs.

Residual (or terminal) value can be a major part of the valuation puzzle. Here are two ways that it can be calculated.

Profits interest awards can be an effective way for LLCs to attract and retain skilled workers, especially if cash is tight. But these awards present valuation challenges that most companies can’t handle in-house.