Manufacturer
MFG
Showing 1–16 of 264 results
-
Work Opportunity Tax Credit – When hiring skilled labor is a win-win for employers and employees
Winter 2024
Newsletter: Manufacturer
Price: $225.00, Subscriber Price: $157.50
Word count: 379
Abstract: Like many businesses today, manufacturers are in need of skilled workers. This article summarizes how the Work Opportunity Tax Credit (WOTC) can provide some tax relief when manufacturers hire employees from “targeted” disadvantaged groups.
-
What’s your business worth today?
Winter 2024
Newsletter: Manufacturer
Price: $225.00, Subscriber Price: $157.50
Word count: 587
Abstract: While most business owners have a rough estimate of the fair market value of their investments, many have limited experience in the M&A market. A business valuation professional can provide an objective estimate that’s based on market data. This can help in many situations, whether for a loan application, a merger, or a shareholder dispute or buyout. This article covers what business owners need to know to properly value their business.
-
5 steps to ensure business continuity before the next crisis
Winter 2024
Newsletter: Manufacturer
Price: $225.00, Subscriber Price: $157.50
Word count: 643
Abstract: The COVID-19 pandemic has shown that all manufacturers should have a business continuity plan. Every manufacturer is different, so there’s no cookie-cutter formula for business continuity planning. A plan should outline the immediate steps to be taken in the event of a crisis and be flexible enough to allow a company to adapt to unanticipated scenarios. This article presents five best practices to follow in developing a plan.
-
Ways to save in 2024 – Managing workers’ compensation and unemployment insurance costs
Winter 2024
Newsletter: Manufacturer
Price: $225.00, Subscriber Price: $157.50
Word count: 878
Abstract: It’s no secret that labor costs are a significant expense for most manufacturers. Two important labor-related costs are workers’ compensation and unemployment insurance. This article takes a look at steps manufacturers can take to help manage these costs. A short sidebar considers the impact of remote workers on workers’ compensation and unemployment insurance obligations.
-
Using reverse sales and use tax audits to reveal refund opportunities
Fall 2023
Newsletter: Manufacturer
Price: $225.00, Subscriber Price: $157.50
Word count: 356
Abstract: While most states offer sales and use tax exemptions for certain purchases by manufacturers, the details can vary from state to state. Manufacturers often overlook exemptions to which they’re entitled, leading to tax overpayments. To ensure that businesses are taking full advantage of manufacturing exemptions, this article suggests conducting a reverse sales and use tax audit.
-
Manufacturing across state lines – What manufacturers need to know about multistate income taxes
Fall 2023
Newsletter: Manufacturer
Price: $225.00, Subscriber Price: $157.50
Word count: 654
Abstract: If a manufacturing business operates across state lines, it’s important to understand state income tax obligations. Following the U.S. Supreme Court’s 2018 decision in South Dakota v. Wayfair, Inc., manufacturers have focused on sales tax liability. But the recent explosion of remote work, together with revised guidance from the Multistate Tax Commission (MTC), may raise income tax issues. This article reviews the importance of nexus and the MTC guidance on the topic. Source: South Dakota v. Wayfair, Inc., No. 17-494, June 21, 2018; Public Law 86-272.
-
Is it a good time to acquire a business?
Fall 2023
Newsletter: Manufacturer
Price: $225.00, Subscriber Price: $157.50
Word count: 655
Abstract: 2023 has seen continued financial concerns about inflation, rising interest rates and skilled labor shortages. While some manufacturers have struggled, others have been moving full speed ahead, surpassing expectations and looking to expand. Business acquisitions can be both tempting and tricky. This article looks at whether this is the year to grow by acquiring a distressed business.
-
8 strategies for boosting your production capacity
Fall 2023
Newsletter: Manufacturer
Price: $225.00, Subscriber Price: $157.50
Word count: 864
Abstract: Even with continued economic uncertainty, throughout most of 2023 the manufacturing industry has flourished, and many manufacturers are straining to keep up with demand. At the same time, the pandemic reminded us how uncertain the economy can be, with many companies hesitant to invest in expanding their operations. Fortunately, there are strategies manufacturers can use to increase their production capacity without committing to acquiring a larger facility. This article presents eight ideas to consider.
-
Why some manufacturers are “reshoring” their operations
Summer 2023
Newsletter: Manufacturer
Price: $225.00, Subscriber Price: $157.50
Word count: 352
Abstract: In recent years, there has been an emerging reshoring trend among U.S. manufacturers. The Reshoring Initiative, a nonprofit organization, estimates that from 2021 to 2022, the number of new U.S. jobs from reshoring and foreign direct investment increased by nearly 35%. This short article covers some reasons manufacturers should consider using domestic sources and some of the potential roadblocks.
-
Segmented income statements can help enhance profitability
Summer 2023
Newsletter: Manufacturer
Price: $225.00, Subscriber Price: $157.50
Word count: 640
Abstract: Most manufacturers issue companywide income statements. But some may want to dig a little deeper into their numbers with a segmented income statement. This article discusses how a properly designed segmented version of this report can be used to improve the bottom line.
-
Inflation Reduction Act of 2022 – Take advantage of new tax incentives for manufacturers
Summer 2023
Newsletter: Manufacturer
Price: $225.00, Subscriber Price: $157.50
Word count: 662
Abstract: Despite its name, the Inflation Reduction Act (IRA) does more than combat rising prices. According to the White House, the Act represents the “single largest investment in climate and clean energy solutions in American history.” This article highlights several of the IRA’s tax incentives that benefit manufacturers, including expanded deductions for energy-efficient commercial buildings, advanced energy project credits, advanced manufacturing production credits and enhanced research credits for start-ups.
-
Attracting skilled labor with retirement opportunities – SECURE 2.0 can help manufacturers
Summer 2023
Newsletter: Manufacturer
Price: $225.00, Subscriber Price: $157.50
Word count: 922
Abstract: The Setting Every Community Up for Retirement Enhancement 2.0 Act makes it easier for employees to save for retirement by increasing contribution limits and expanding hardship withdrawals. It also offers tax credits and other incentives for employers that adopt new retirement plans and authorizes plan enhancements that can help employers boost participation in existing plans. This article reviews key provisions for manufacturers to consider. A brief sidebar looks at “starter 401(k) plans,” an option that can be easier and less expensive to administer than a traditional 401(k) plan.
-
The high (and often hidden) costs of employee turnover
Spring 2023
Newsletter: Manufacturer
Price: $225.00, Subscriber Price: $157.50
Word count: 440
Abstract: Most businesses today are facing an unprecedented shortage of skilled labor, so it’s more important than ever to hang on to existing employees. Manufacturers have been hit particularly hard. One reason for this: When the COVID-19 pandemic caused most schools to shift to a remote model, enrollment in many vocational programs — where hands-on learning is essential — declined sharply. This article looks at the full cost to replace employees and the importance of having a stable workforce.
-
Unfinished business: How to manage WIP inventory
Spring 2023
Newsletter: Manufacturer
Price: $225.00, Subscriber Price: $157.50
Word count: 554
Abstract: Work-in-process (WIP) inventory is an important entry on a manufacturer’s balance sheet. Monitoring WIP is critical not only to ensure that manufacturers’ financial statements are accurate, but also because it serves as a useful metric for tracking a company’s performance. This article explains what WIP is, the benefits of tracking WIP and determining the optimal level of WIP.
-
Make a clean sweep – Understanding how waste affects your bottom line
Spring 2023
Newsletter: Manufacturer
Price: $225.00, Subscriber Price: $157.50
Word count: 650
Abstract: The goal of profitable manufacturers is to make as many products with as few resources as possible. With the economy continuing its uncertain path, getting ahead of cost savings is important. One way for manufacturers to save is to rein in waste at their facilities. But waste is much more than just scrap materials that pile up on shop floors. This article takes a look at how efficient production is the start to reducing waste.
-
Occupational Fraud 2022: A Report to the Nations – Are you doing enough to combat fraud?
Spring 2023
Newsletter: Manufacturer
Price: $225.00, Subscriber Price: $157.50
Word count: 899
Abstract: Occupational fraud — that is, fraud committed by employees — is a significant problem for all businesses. According to the Association of Certified Fraud Examiners (ACFE), organizations lose 5% of their revenue to fraud every year, and manufacturing is among the most frequently hit industries. The ACFE’s Occupational Fraud 2022: A Report to the Nations is based on data supplied by certified fraud examiners around the world. This article reviews the report’s findings and provides suggestions for ways manufacturers can implement antifraud controls. A brief sidebar reviews the importance of recognizing certain employee behaviors that can be a red flag for fraud.