Our manufacturing client had utilized the Research & Experimentation (R&D) tax credit in the past, but our team questioned if they were getting the maximum benefit from their current method of capturing research wages and related costs. By completing a… Read More
Manufacturing companies that sell equipment to the federal government or government contractors could be eligible for a tremendous tax benefit. The opportunity can help reduce sales/use taxes paid for consumables purchased in support of such government contracts.
The federal government… Read More
Anders has teamed up with the Leading Edge Alliance (LEA) to jointly release the results from the 2019 LEA National Manufacturing Outlook Survey.
For the third year, more than 350 manufacturing executives participated in the survey from a variety of… Read More
The new revenue recognition standard includes important provisions that manufacturers need to be aware of. Effective 1/1/2019 for private companies with calendar year ends, the new standards will change the way manufacturing companies recognize revenue.
Manufacturing companies will… Read More
The new 21% corporate tax rate allows C corporations to pay federal taxes at a significantly lower tax rate than the 35% top rate in prior years. While the new tax rate took effect beginning in 2018, this new benefit… Read More