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All About Manufacturing & Distribution (23)

Who Are the Latest IRS Targets? A List of 23 Audit Triggers

Many taxpayers ask, "How can I avoid an IRS audit?" There’s no 100% guarantee you won’t be picked, because some tax returns are chosen randomly. However, completing your returns in a timely and accurate fashion with your trusted tax advisor certainly...
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What You Should Know When You Need a Business Valuation

The demand for business valuations is growing, in large part due to aging Baby Boomers planning for retirement and gifting their business interests, selling outright or passing away. Other owners are looking to sell out due to economic conditions...
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Businesses Must Act by December 31 to Take Advantage of Tax Deduction

Beginning January 2014, businesses with fixed assets must comply with the new “repair regulations" issued by the Treasury and the Internal Revenue Service in September 2013.
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Manufacturers, What Every ERP Software Partner Wants You to Think About

Looking for a new ERP (enterprise resource planning) system for your manufacturing business? Most likely, you’ll enlist the help of a software partner to plan for, implement and customize your new system.
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IRS Issues Final Regulations (T.D. 9636) on Expenses Related to Tangible Property

If you’ve struggled with determining whether you must capitalize costs incurred in acquiring, maintaining, or improving tangible property under Internal Revenue Code Sections 162(a) and 263(a), you’re not alone.
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Why Manufacturing ERP System Selection Teams Should Look Beyond Price

Many manufacturing companies form an internal selection team that spearheads the search for and implementation of a new ERP system, also known as accounting and financial management software.
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