Manufacturing and Distribution

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How Top CEOs Found Success Through Immersion

August 17, 2023

VIDEO: Discover how CEOs of Airbnb, Starbucks, and Uber immersed themselves in their own businesses as customers and frontline employees, gaining valuable insights that transformed their companies. Learn how their firsthand experiences led to innovative improvements and a better understanding of their customers' needs.

Mistakes To Avoid When Setting Growth Goals

August 1, 2023

VIDEO: Discover the common mistakes made when setting growth goals and how to avoid them. Learn how to create a clear and achievable plan to take your business to the next level.

Personally Paid Corporate Expenses

July 31, 2023

When spending money personally on behalf of your closely held corporation, you want to ensure the expenses are tax deductible by either you or the business.

Trust Fund Recovery Penalty

July 25, 2023

When employment taxes aren't paid to the government, the Trust Fund Recovery Penalty is personally imposed on certain business owners and managers. Here are the rules, along with two cases where individuals were held liable and hit with the harsh penalty.

Family and Medical Leave Act

June 29, 2023

Do you know if your employees are covered by the Family and Medical Leave Act (FMLA)? In this article, get the details on employee thresholds and leave provisions.

Minnesota Bans Non-Compete Provisions

June 23, 2023

As of July 1, 2023, Minnesota will prohibit employers from requiring employees to sign non-compete agreements restricting their employment options upon termination.

First-Year Depreciation

June 22, 2023

If your business has a choice to deduct real estate expenses or depreciate them over several years, the decision may seem simple. But there are a number of factors to consider.

Meal and Vehicle Expenses

June 21, 2023

Business meal and vehicle expenses are a magnet for IRS review. If you claim deductions for them, it’s important to comply with the strict tax law substantiation requirements. Keep these DOs and DON’Ts in mind.

The Power of AI: Boosting Worker Productivity

June 18, 2023

VIDEO: Learn how Artificial Intelligence is transforming worker productivity and its impact on businesses and the labor market.

Big Data Analytics

June 15, 2023

Manufacturers: The promise of big data analytics is improving product quality, increasing productivity, reducing waste, and minimizing variability with only minor adjustments to your manufacturing process.

Independent Contractors

June 13, 2023

These days, many businesses are filling vacant positions and saving money by using independent contractors. Here are the basic rules to help keep you out of trouble with the IRS.

Educational Assistance Program

June 12, 2023

Education benefits help attract, retain and motivate employees. One popular fringe benefit is an education assistance program that allows employees to continue learning and perhaps earn a degree with financial assistance from their employer.

Less Painful Business Losses

June 12, 2023

There is a way to make business losses less painful. Using the federal tax code may help soften the blow by allowing businesses to apply losses to offset taxable income in future years, subject to certain limitations.

Strong Cash Flow for Manufacturing

May 9, 2023

Every manufacturer is different, but strong cash flow for manufacturing companies is essential throughout the industry. The right cash flow strategies do, however, depend on your situation. Here are some ideas to improve your cash flow.

Manufacturing Cyberattacks

March 1, 2023

Manufacturing cyberattacks are becoming more common and the attacks are designed to disrupt operations and extort money. Here are some ideas to get ahead of the cybercriminals.