Challenges & Opportunities: Recruiting for Manufacturing Roles
How to Navigate Hiring in the Manufacturing Industry Talent Acquisition, more commonly known as recruiting, can be a challenge in...
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Manufacturing
03/27/2025
Introduction to Employee Stock Ownership Plans (ESOPs)
What is an ESOP? Employee Stock Ownership Plans, or ESOPs, are tax-advantaged defined contribution retirement plans primarily designed to hold...
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Business
02/25/2025
Tariff Impacts on Supply Chain Businesses: What U.S. Manufacturers Need to Know
As we have already seen, President Trump has and is making a major focus on implementing tariffs to equalize trade...
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Business
02/19/2025
No More Delays! Your BOI is Due March 21, 2025
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
02/18/2025
Potential Tax Law Changes in 2025 Impacting Manufacturers
Update 6/27/25: Read our update on the Big Beautiful Bill Act and how it may impact manufacturing organizations. With...
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Manufacturing
02/13/2025
BOI Reporting is Still Not Required…For Now
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
02/03/2025
Accounting for Excess Capacity
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
01/24/2025
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
11/15/2024
Retirement Plan Audit vs. Retirement Plan Checkup
The Department of Labor (DOL) requires that retirement plans (401K, 403b, ESOP plans etc.) with 100 or more participants with...
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Business
11/15/2024
A Manufacturer’s Guide to the R&D Tax Credit
The Research and Development Credit (R&D) can be a very beneficial tax credit for manufacturers and a wide range of...
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Business
11/14/2024
IRS TIN Matching Service Can Save You Time & Money
The IRS requires payors who remit payments to vendors (ex. self-employed contractors) to obtain a name and tax ID number...
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Business
11/14/2024
IRS Implements Changes to Increase Accuracy of 1099 Filings
For years the IRS focused on the accuracy of W-2s in reporting income. Employers were required to have an employee...