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De Boer Baumann & Company has years of experience, which helps us understand the top issues facing the manufacturing and distribution industry today. We know that downtime is costly so we work with manufacturers and distributors to ensure their financial operation runs as smoothly as their production line.
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This article discusses the resource that is the research and development tax credit program. Through this program, various businesses can receive credit from the federal government in order to continue innovating and research efforts. Specifically, to this link, the machining industry should be looking at this program in detail. In order to qualify, the IRS […]
This article discusses how although technological advancements were put on pause during the coronavirus pandemic, the industry has seen a boom since then. Specifically, trends such as 5G technology, autonomous driving, and edge computing are not only going to impact the way businesses operate, but are also going to impact our daily lives. Technological advancements […]
This article discusses a unique tool that many CPAs do not utilize or even know about. The cost segregation study is a way to recognize the fact that a building depreciates over time due to everyday wear and tear. Specifically, “a property’s elements are divided into two categories: real property, which includes permanent and immobile […]
Steel and metals manufacturers are in high demand these days. That said, high demand alone will not ensure a company’s success—this requires hard work and strategizing. In a new article from Thomasnet, Shalane Layugan offers advice to metal manufacturers seeking to pursue business growth. Click here to read about her suggestions, including crafting a solid […]
A strong trend of consolidation in the American manufacturing sector makes remaining competitive a challenge for small, independent manufacturers, writes Jason Ray in a new article from Forbes. The author recommends making investments of time and money in four key areas: customer diversification, digitization, use of data and analytics, and building a knowledge base for […]
The pandemic has required manufacturers to implement a number of changes in order to weather the long-term crisis. A recent article from CPA Practice Advisor examines four strategies that leading lean manufacturer Toyota has relied upon to thrive in the face of difficulties. Click here to learn about how the company strategized in the areas […]