If your small business or start-up is planning to claim the research tax credit, there’s an option to get immediate use of the research tax credit. Subject to limits, you can elect to apply all or some of any research tax credits against payroll taxes instead of your income tax.
Every nonprofit should have an executive search plan. Even if you aren’t facing an imminent vacancy, your organization is smart to prepare for what can be a long process. Executive searches generally take several months — even if you end up hiring someone already known to your nonprofit.
Selecting a new chief executive or other senior staffer is one of the most important decisions your not-for-profit board is likely to face. Even if there’s no immediate hiring need, it’s smart to prepare for the process. That way, you’ll be ready to execute an efficient executive search when the time arrives.
Addressing manufacturing cybersecurity risks is more critical than ever for manufacturers as they increasingly integrate advanced technologies into their operations. While these innovations boost productivity, they also expand potential areas for cyberattacks.
Manufacturers often can benefit from state sales tax exemptions. However, available exemptions sometimes vary significantly by state, so manufacturers need to stay on top of available exemptions to avoid overpaying state sales taxes.
Whether your nonprofit’s program budget will be smaller or larger in 2025, this is a good time to review current offerings to assess which are effective and which aren’t. You may even find your organization is ignoring important needs in your community.
The United States is grappling with an escalating national debt that now exceeds $35 trillion, a staggering burden with far-reaching economic implications. Explore the causes, current state, and potential solutions to this pressing issue, and understand what it means for our future. Read on to discover how it affects us all and what steps can be taken to steer toward a sustainable fiscal path.
A business valuation professional can provide an objective estimate of your manufacturing company’s worth. This can be beneficial not only if you’re selling your business but also if you’re seeking financing, drafting a buy-sell agreement or estate planning.
As the year draws to a close, it’s generally manufacturers’ last chance to implement year-end tax planning strategies to reduce their 2024 tax liability. Making time right now could prove to be very beneficial in the upcoming tax season.
Think you can spot misleading tax advice online? You might be surprised. Discover how even savvy individuals can fall prey to dubious claims and learn the red flags to watch out for.
Starting a manufacturing company isn’t cheap, and start-up costs can be substantial to acquire a facility, equipment and materials. Luckily, some start-up costs may be deductible for income tax purposes.
Understand the M&A trends in 2024 and how businesses are leveraging these opportunities to strengthen their market position.
Selling private company stock can be challenging for a non-controlling shareholder. This article explores the critical considerations, from understanding company restrictions to finding the right buyers and planning for taxes.
Financial planning for college expenses should be started as soon as possible. Also, you need to understand the effect of student aid and family contributions, explore college savings plans, and discover how to increase your child’s chances of receiving merit-based scholarships.
If you operate a business, or you’re starting a new one, carefully recording legitimate business expenses is important to be able to claim all the tax deductions to which you’re entitled.
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