by angieduran | Jul 2, 2024 | Uncategorized
Successful manufacturers know that the key to sustainable growth is increasing profits, not just revenue. Let’s take a closer look at some ways you can boost your bottom line. Reduce overhead Increasing profits doesn’t always mean plant layoffs. Often cuts can be made...
by angieduran | Jun 19, 2024 | Uncategorized
Employees, self-employed individuals and employers all pay Social Security tax, and the amounts can get bigger every year. And yet, many people don’t fully understand the Social Security tax they pay. If you’re an employee If you’re an employee, your wages are hit...
by angieduran | Jun 19, 2024 | Uncategorized
If your organization has struggled to accurately forecast and manage the costs of its health care benefits, you’re not alone. Global HR consultancy Mercer released a report in May entitled The CFO perspective on health, which surveyed the CFOs and other...
by angieduran | Jun 18, 2024 | Uncategorized
The Tax Cuts and Jobs Act (TCJA) was signed into law in 2017 and generally took effect at the start of 2018. It brought sweeping changes to various aspects of tax law for both individuals and businesses. But many of its provisions aren’t permanent. In fact, some of...
by angieduran | Jun 14, 2024 | Uncategorized
Generally, employers today recognize the importance of work-life balance. Remote/hybrid work arrangements and generous paid time off policies, for example, allow employees to fulfill their professional obligations while having the flexibility to better care for...
by angieduran | Jun 13, 2024 | Uncategorized
When manufacturers buy, build or improve their facilities, it involves a substantial investment. But these expenses generally can’t be immediately deducted for tax purposes. Fortunately, there may be another approach that will allow you to accelerate your depreciation...
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