Manufacturing & Distribution

Showing 33–48 of 212 results

  • Tax Cuts and Jobs Act – 4 ways tax reform could benefit U.S. manufacturers

    Winter 2019
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 837

    Abstract: The Tax Cuts and Jobs Act (TCJA) is long and complicated. Its effects will vary from business to business, depending on each one’s structure and the nature of its operations. This article highlights four major changes that are likely to save taxes for manufacturers starting in 2018: 1) a lower tax rate for C corporations, 2) lower tax rates for individual owners of pass-through entities, 3) changes to the alternative minimum tax (AMT) rules, and 4) expanded first-year Section 179 and bonus depreciation deductions. On the flip side, a sidebar identifies unfavorable TCJA provisions.

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  • Financial restatements – Why can’t management get it right the first time?

    Fall 2018
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 434

    Abstract: Fraud isn’t the only cause for financial restatements. This article highlights restatements caused by unintentional errors or omissions, especially as companies record complex transactions or implement new accounting and tax rules. It identifies error-prone transactions and recent changes that may cause a restatement — and how companies can reduce the risk of restatement.

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  • Deducting travel and entertainment expenses with confidence

    Fall 2018
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 582

    Abstract: When owners, managers and salespeople attend trade shows, call on customers and evaluate suppliers, they may incur travel and entertainment expenses. This article explains the rules for deducting these costs, including how they’ve changed under the Tax Cuts and Jobs Act (TCJA).

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  • Employee or independent contractor: Worker classification matters

    Fall 2018
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 659

    Abstract: There’s a fine line between employee and independent contractor. This article provides an overview of this issue and the characteristics that distinguish employees from contractors. This distinction may take on even greater importance under the new tax law.

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  • New tax law limits business interest expense deductions

    Fall 2018
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 859

    Abstract: Under the Tax Cuts and Jobs Act (TCJA), starting in 2018, manufacturers with more than $25 million in average annual gross receipts will generally be able to deduct less interest expense than they could have deducted under prior law. This article provides details on this new limitation, which is expected to have an adverse effect on some companies in capital-intensive industries. A sidebar illustrates how to calculate interest expense deductions under the new law.

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  • Got operating problems? Employees may have solutions — if you ask for their input

    Summer 2018
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 455

    Abstract: Management doesn’t have all the answers — and may be aware of only a fraction of the problems. Rank-and-file workers can sometimes provide simple but effective solutions. This article shows how practical suggestions from the trenches added up to major improvements for a hypothetical manufacturer and provides guidance on how to implement an incentive program that encourages workers to speak up.

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  • Vendor fraud: Know the warning signs

    Summer 2018
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 659

    Abstract: When fraud strikes, the culprit might be sitting in the purchasing department. This department is particularly vulnerable to fraud because of the volume of transactions it processes and the varying pricing and billing policies that vendors use. This article provides a close-up view of vendor fraud scams and ways manufacturers can lower their risks.

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  • Midyear tax planning – Is it time to switch accounting methods?

    Summer 2018
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 565

    Abstract: The Tax Cuts and Jobs Act liberalizes the eligibility requirements for certain accounting methods that are generally easier to use and more flexible. This article highlights a higher gross receipts limit for eligibility to use the cash method, simplified alternatives for reporting inventory, and an exemption from the UNICAP rules. It also explains the pros and cons of the cash and accrual methods.

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  • Learning the ABCs of the QBI deduction for pass-through entities

    Summer 2018
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 917

    Abstract: The Tax Cuts and Jobs Act (TCJA) permanently lowers the federal income tax rate for C corporations to a flat 21%, starting in 2018. But manufacturers that operate as sole proprietorships and “pass-through” entities aren’t eligible for this reduced tax rate. Instead, they may be eligible for a “qualified business income” (QBI) deduction for 2018 through 2025. This article covers the basics of this special deduction. A sidebar explains why it’s important to meet with your tax advisor to review your choice of entity under the new law.

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  • How to put financial statements to work for your business

    Spring 2018
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 448

    Abstract: Spring is the time of year that calendar-year-end businesses receive GAAP financials and prepare their tax returns. This article explains how manufacturers can take financial data beyond compliance and use it to develop a proactive business plan and benchmark performance.

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  • Loaning money between a business and its shareholders

    Spring 2018
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 620

    Abstract: Private business owners often loan money to and from their businesses. The IRS looks closely at such transactions to determine whether they are truly loans, or actually compensation, dividends or contributions to equity. This article explains how informal shareholder loans may lead to adverse tax consequences and how the U.S. Tax Court determines that a shareholder loan is bona fide debt.

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  • Compilation, review or audit: Select the right level of assurance

    Spring 2018
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 676

    Abstract: The term “assurance” refers to how much confidence lenders and other stakeholders have that a company’s financial statements will be reliable, informative and in conformity with a particular financial reporting framework. This article compares and contrasts the three levels of assurance, along with providing guidance on how to select the right option.

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  • Expanded depreciation deductions – How can you benefit from tax reform?

    Spring 2018
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 828

    Abstract: In December 2017, President Trump signed the Tax Cuts and Jobs Act. This is the most comprehensive tax reform package in over three decades, and it will have a major tax impact on manufacturers and distributors in 2018. This article covers some expanded tax breaks for depreciation of capital expenditures. A sidebar explains the limitations that apply to luxury passenger vehicles.

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  • Smart factories and blockchain: How to stay on the cutting edge of technology

    Winter 2018
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 430

    Abstract: Just-in-time production, continuous improvement initiatives and other classic business management tools won’t be enough to stay competitive in a technology-driven marketplace. This article explains two types of emerging technologies — smart factories and blockchain — that are expected to revolutionize the manufacturing industry in the 21st century.

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  • Understanding “nexus” – Know the risks and rewards of operating across state lines

    Winter 2018
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 641

    Abstract: Manufacturers and distributors that operate across state lines may be subject to tax in more than one state. This article explains the concept of “nexus,” along with the advent of “market-based sourcing” in some states that may apply to companies with service or licensing revenues. By conducting a nexus study, your company can get a clearer picture of the effects of operating in various states, allowing you to make smarter expansion plans.

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  • What are the limits on fringe benefits for pass-through entity owners?

    Winter 2018
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 618

    Abstract: S corporations, partnerships and limited liability companies (LLCs) that are treated as partnerships for tax purposes qualify for “pass-through” taxation. This treatment generally offers an advantage over C corporations, except when it comes to fringe benefits provided to owners. This article explains how fringe benefits for pass-through entity owners may be treated differently from those provided for regular employees and C corporation shareholder-employees.

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