The OBBBA Resurrects the Immediate R&E Expense Deduction
Manufacturers can once again deduct domestic research and experimental (R&E) expenses in the year they’re incurred.
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Manufacturing
Should Your Business Maximize Deductions for Real Estate Improvements Now or Spread Them Out?
Recent tax law changes have significantly enhanced first-year depreciation tax breaks for real estate improvements. Find out whether your business can benefit.
What’s the Right Inventory Accounting Method for Your Business?
How you report inventory matters. The right inventory accounting method can strengthen your financial results and stakeholder confidence. Let’s review your options.
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Review Your Business Expenses Before Year End
For businesses, smart timing of deductible expenses can be a key strategy in year-end tax planning. But understanding exactly what’s deductible and what’s not isn’t easy.
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How the Social Security Wage Base Will Affect Your Payroll Taxes in 2026
The Social Security tax rate is 6.2%, or twice that if you’re self-employed. Find out if you’ll have to pay Social Security tax on all your wages and self-employment income in 2026.
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New Tax-Saving Opportunities May Attract Funding for Manufacturers That Build in Rural Qualified Opportunity Zones
If your manufacturing company is considering building a facility in a rural area, doing so in a Qualified Opportunity Zone may be beneficial.
Receive $10,000 in Cash at Your Business? The IRS Wants to Know About It
Did your business receive more than $10,000 in cash? You may be required to file Form 8300 with the IRS. Learn what counts as “cash” and how to stay compliant.
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Larger QBI Deductions Will Soon Be Available to Many Manufacturers
OBBBA makes the Section 199A QBI deduction permanent and expands phase-in ranges beginning in 2026—steps that can boost deductions for many pass-through manufacturers. See what’s changing and how to plan.
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Run a Business With Your Spouse? You May Encounter Unique Tax Issues
Spouse-run businesses face unique tax pitfalls. Learn how partnership treatment drives SE tax and compare three strategies—community property sole prop, S-corp conversion, or hire-spouse approach—to cut exposure while staying compliant.
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Evaluating Business Decisions Using Breakeven Analysis
Use breakeven analysis to quantify pricing, equipment, and expansion decisions—classify costs, compute contribution margin and breakeven point, and track your safety margin to guide profitable action.
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