Manufacturing and Distribution

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Minnesota Secure Choice Retirement Program

June 16, 2026

The Minnesota Secure Choice Retirement program was created to help employees build financial security for the future. Enrollment deadlines go into effect by the number of employees and the first deadline is June 30, 2026 for employers with 100+ employees.

Do You Qualify as a “Small Business”?

June 7, 2026

Certain small businesses may qualify for various federal tax breaks. But different tax provisions use different size tests. Read on to learn more about big tax breaks for small businesses that meet one such test.

S-corp Classification FAQs

June 1, 2026

S-corporations are one of the most frequently discussed tax structures for small business owners. While they can offer real savings on self-employment taxes, the benefits aren't automatic - they depend on your income level, involvement in the business, and whether you're ready to manage the added compliance responsibilities.

Tax Identity Theft and Business Risks

May 22, 2026

Small business owners, beware: Tax identity theft is a costly, ongoing threat. Criminals may file fraudulent returns using a business’s EIN, impersonate executives to steal employee W-2 data, or use forged IRS documents to pose as a business for financial or tax-related activity.

ACA Penalties May Still Apply

May 20, 2026

Beware, small business owners: As your workforce grows, ACA compliance can become a costly surprise without proper planning.

Increase in SALT Deduction Impacts Manufacturers

May 15, 2026

The state and local tax, SALT deduction, temporarily increased under last year’s new tax law. Here’s how manufacturing company owners can benefit from it.

Research Credit FAQs

May 15, 2026

The research credit isn’t just for labs or tech companies. Many businesses are missing out because they mistakenly assume they don’t qualify, or aren’t sure where to start. Learn how the credit works and what to consider.

Should You Consider Adopting a Fiscal Year End?

May 13, 2026

Most businesses use December 31 as the end of their fiscal year. But some companies in construction, accounting, and snowplowing operations, for example, may have valid reasons for adopting fiscal year ends. Aligning your tax year with your operating cycle can streamline reporting and support better planning.

Qualified Overtime Compensation Deduction

April 2, 2026

The IRS has issued guidance for the qualified overtime compensation deduction, effective for tax years 2025 through 2028. Eligible workers must meet specific eligibility requirements, including valid Social Security numbers and certain filing status conditions.

Budgeting Tips for Manufacturers

March 25, 2026

For manufacturers, drafting an accurate budget can improve operational discipline and position the company to respond more effectively to market changes and unexpected challenges. The following budgeting tips for manufacturers are a great starting point for developing an accurate and reasonable budget.

Rolling Forecasts Provide Greater Flexibility for Manufacturers

March 11, 2026

Manufacturers are rethinking how they model their forecasts. This includes moving away from traditional static forecasts toward more flexible rolling forecasts that are updated regularly.

Manufacturers: Manage Inventory to Boost Working Capital

March 4, 2026

Strategic inventory management can boost working capital by unlocking cash already inside the business. Start now to build an inventory strategy that balances liquidity with operational needs.

Budgeting Tips for Manufacturers

February 10, 2026

For manufacturers, an accurate and reasonable budget can help with strategic planning, improve cash flow, and make it easier to secure financing. We have put together some budgeting tips for manufacturers to consider when budgeting time comes around.

Small Business Health Care Coverage Credit

February 9, 2026

Tax credits reduce tax liability dollar-for-dollar and can be more valuable than deductions, which reduce only the amount of income subject to tax. One tax credit that may be valuable is the small business health care coverage credit for small businesses who provide health insurance coverage to employees.

Don’t Lose Your S Corporation Status

January 21, 2026

Because of the strict requirements that apply to S corporation entities, preserving S corporation status requires due diligence to avoid inadvertent termination of S corporation status, among other things.