4.3.24
Four Ways Corporate Business Owners Can Help Ensure Their Compensation Is “Reasonable”
If you own a C corporation, you know there’s a tax advantage to taking money out as compensation rather than as dividends. The reason: A…
4.3.24
Is Your Business Closing? Here Are Your Final Tax Responsibilities
Businesses shut down for many reasons. Here are just a few: An owner’s retirement, A lease expiration, Staffing shortages, Partner conflicts, and Increased supply costs.…
4.3.24
Can Your Manufacturing Company Benefit From the Work Opportunity Tax Credit?
The quest for skilled laborers in the manufacturing sector continues. Indeed, more than 600,000 manufacturing-related jobs remained open in December 2023, according to the U.S.…
4.2.24
Ready, Set, Value!
When the parties know what to expect at each phase of a manufacturing business valuation project, it makes the process easier for everyone. This awareness…
4.2.24
Augmented Reality is the New – and Better – Reality in Manufacturing
Manufacturers that seek greater cost reductions, increased speed and fewer errors are increasingly implementing augmented reality (AR) technology to improve processes throughout their manufacturing operation.…
4.2.24
Structuring Your Manufacturing Company as an S Corporation or LLC Can Result in Different Outcomes
When it comes to business structure, manufacturing company owners have a few choices. Among them are an S corporation and a limited liability company (LLC).…
4.2.24
Four Things Contractors Should Know About Smart Buildings
Nowadays everything is “smart,” from phones to watches to appliances to, well, buildings. In a smart building, major systems — such as HVAC, lighting and…
4.2.24
The Essentials of a Subcontractor Prequalification Process
The construction business is risky business — with inflation, supply-chain complexities and the skilled labor shortage all combining to make life interesting to say the…
4.2.24
Construction Companies Can Manage Their Workers’ Comp Costs
For construction businesses, workers’ compensation insurance is a must-have. Unfortunately, because of factors such as inflation and labor shortages, the cost per claim has generally…
4.1.24
2024 Q2 Tax Calendar: Key Deadlines for Businesses and Employers
Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of 2024. Keep in mind that…