Manufacturing Accounting Resources

Manufacturing businesses typically operate on narrow margins, complicated by inventory challenges and material costs over which they have little control. It’s...

Implementing year-end tax planning strategies now can help reduce your manufacturing company’s 2023 tax bill. Indeed, a lower tax bill can improve your ca...

Manufacturing 4.0, sometimes called “Industry 4.0,” refers to the digitalization of manufacturing. That means the integration of traditional manufac...

For decades, products that were made in America were synonymous with high quality and were manufactured in great abundance. Comparable products from other count...

The SECURE 2.0 Act, enacted at the end of 2022, expands on the retirement plan improvements made by the Setting Every Community Up for Retirement Enhancement Ac...

How inventory is accounted for can have a significant impact on your tax bill if your business involves the production, purchase or sale of products. In some ca...

Does your manufacturing company need to acquire new equipment to meet demand? Fortunately, there’s a tax break that can help: the Section 179 deduction. I...

As the midpoint of the year fast approaches, it’s a good time for manufacturers to assess their tax status and plan appropriate strategies for reducing th...