In manufacturing, efficiency is everything. But what happens when production slows, and excess capacity emerges? For manufacturers, optimal capacity is...
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Business
01/28/2025
Navigating the Impact of the Federal Financial Assistance Pause
UPDATE 1/29/2025 12:24 PM : The White House has officially rescinded its order to freeze federal aid spending. This decision...
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Business
01/24/2025
Fundamentals of IC-DISC
What is an IC-DISC? An IC-DISC, or Interest Charge Domestic International Sales Corporation, provides extensive Federal income tax savings for...
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Business
01/24/2025
BOI – Red Light, Green Light, Red Light?
Update 3/25/25: On March 21st, FinCEN issued interim guidance for US business owners regarding BOI filing requirements. This guidance removed...
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Business
01/15/2025
Weighing Pros and Cons of Operating as a C Corporation
When starting a business one of the most important decisions to make is your entity’s structure. One common entity structure...
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Business
01/14/2025
Tax Relief for California Wildfire Victims
The IRS has announced new tax relief measures for individuals and businesses impacted by the wildfires and straight-line winds that...
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Business
01/07/2025
Back to Basics: The Percentage of Completion Method of Accounting for Contractors
If you are in the construction industry or read our prior article on Methods of Accounting for Construction Contractors, chances...
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Business
01/02/2025
BOI Update: BOI Requirements On Hold Again
Update 3/25/25: On March 21st, FinCEN issued interim guidance for US business owners regarding BOI filing requirements. This guidance removed...
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Business
01/02/2025
Updated IRS Standard Mileage Rates Issued for 2025
As the 2025 tax year winds down, the IRS has provided the new standard mileage rate for 2025 business miles....