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...
Manufacturers Need to Act Soon to Take Advantage of 100% First-year Bonus Depreciation
Mar 17, 2022First-year bonus depreciation typically creates a powerful tax incentive for eligible manufacturers to purchase qualified property needed for business reasons. ...
Manufacturers: Don’t Miss Out on an R&D Tax Credit
Jun 16, 2025The credit for increasing research activities, commonly referred to as the research and development (R&D) credit, is one of the biggest and best tax breaks ...
7 Steps to Promote Manufacturing Safety
Sep 01, 2021Workplace safety is a top concern among manufacturers. Without taking COVID-19 into account, the National Institute for Occupational Safety and Health (NIOSH) e...
Protecting Manufacturers from Ransomware Attacks
Aug 04, 2021There has been a surge in ransomware attacks in recent years and an even greater acceleration in the first half of 2021. Virtually every type of business is at ...
4 Ways for Manufacturing Companies to Improve Productivity
Jul 07, 2021The basic formula for success in the manufacturing sector is simple: Produce more, spend less. So-called “lean” manufacturing is easier said than do...
4 Pillars of Mid-Year Business Planning
Jun 24, 2021Manufacturing firms normally create a business plan at year end that focuses on the upcoming year. However, today’s market conditions are anything but ...
How Manufacturers Can Benefit from Blockchain Technology
May 13, 2021To succeed in the 21st century, manufacturers must embrace the latest technological innovations. As part of this trend, factories around the world are becoming ...
Tax Breaks for Green Manufacturers Are Expanded
Apr 14, 2021In recent years, lucrative tax breaks for energy-efficient investments have enticed many manufacturers to “go green.” At the end of 2020, the Consol...
Adjusting to Manufacturing’s New Normal
Jan 07, 2021The manufacturing industry’s dependence on foreign suppliers, especially those in China, has caused concerns for many years. But the COVID-19 pandemic has...