The pandemic has caused severe financial and operational disruption in the manufacturing industry. Our industry experts have created and compiled several resources to help you tackle these challenges to navigate these unprecedented times.
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Employee Retention Credit FAQs
The employee retention credit (ERC) was first introduced with the CARES Act in 2020, and subsequent tax bills have made the credit more widely available to businesses.
Retirement Tips for Business Owners
As a business owner, it is easy to imagine how the company you have built can play an essential role in financing your retirement. But do you have a strategy to make the most out of your money? It is easy to put your financial plans on the back burner for the sake of...
4 Tips for Business Recordkeeping
Recordkeeping is one of your most important responsibilities as a business owner, and success depends on creating and maintaining an effective system. Recordkeeping systems range from simple folder filing to complex online electronic software.
Financial Statement Concerns for Manufacturing Companies
Good accounting practices are an important tool for managing a manufacturing business. Given the industry's uncertainty, it is crucial to fine-tune financial statements for users of them to review reliable information. We have provided a guide below highlighting...
Business Owners: Ways to Improve your Company’s Internal Controls
Internal controls are not typically a topic at management meetings until fraud occurs in the company or is in the news. The idea of fraud happening in business is generally considered preposterous; we all have trustworthy employees and appropriate controls. However,...