White Paper
- 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.
- 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.
- 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.
- January 19, 2026
Forms W-2 and 1099-NEC normally must be filed by January 31 of the following year. But, in 2026, January 31 falls on a Saturday, so the due date has been moved to February 2.
- January 16, 2026
Pass-through entities generally don’t owe federal income tax at the entity level, but they still must file federal income tax returns. These entities include partnerships, limited liability companies treated as partnerships for tax purposes and S corporations.
- January 14, 2026
Succession planning is one of the most important responsibilities of a manufacturing business owner. By identifying and training future leaders early, you can create a smoother handoff and help safeguard your company’s operational integrity.
- January 8, 2026
The Sec. 179D deduction for energy-efficient commercial building improvements provides energy tax incentives to businesses, including manufacturers, to immediately write off the cost of eligible improvements, will expire June 30, 2026.
- January 7, 2026
A peer review evaluates a CPA firm's adherence to professional standards in the accounting, auditing and attestation services it provides.
- January 5, 2026
As you look back to 2025 to determine which expenses you can write off as tax deductible business expenses on your tax return, keep in mind the “ordinary and necessary” rule.
- December 30, 2025
Waste reduction is a long-term investment to boost a manufacturing company's profitability.
- December 29, 2025
The Internal Revenue Service announced that the optional standard mileage rate for business use of automobiles will increase by 2.5 cents to 72.5 cents in 2026, while the mileage rate for vehicles used for medical purposes will decrease by half a cent, reflecting updated cost data and annual inflation adjustments.
- December 29, 2025
The new year will usher in many new 2026 business tax limits that may affect your business. Advance planning will ensure you are taking advantage of the new limits.
- December 15, 2025
If your business has employees or independent contractors, you’re subject to various information reporting requirements. Some significant changes to these rules will go into effect for the 2026 tax year (forms that will be filed in early 2027 to report 2026 amounts).
- December 15, 2025
The rules limiting the business interest expense deduction are complicated. Recent changes could result in larger deductions for 2025 and you need to be aware of the impact on your business.