Manufacturers have long known about the benefits of investing in Industry 4.0 improvements. As economic headwinds build, business leaders face a difficult choice about how to prioritize capital investments. In many cases, costly, long-term projects will be put on the back burner in favor of quick wins that can deliver a rapid return on investment.
Partnership Schedule K-2 and K-3 Draft 2022 Instructions Add New Domestic Filing Exception
On October 25, the IRS released draft 2022 partnership instructions for Form 1065 Schedules K-2 and K-3 that, among other changes, include a new exception to filing and furnishing to partners Schedules K-2 and K-3 for 2022.
Plan Sponsor Alert: Roth 401(k) Remains Underutilized Despite Potential Benefits
Plan sponsors may want to consider adding a Roth 401(k) option to their lineup because of the potential tax benefits and other advantages for plan participants.
Healthcare Real Estate Check-Up
When it comes to the healthcare and real estate industries, continued labor challenges and rising inflation and interest rates are now creating financial challenges.
Projecting Private Equity’s Interest In Healthcare
The healthcare industry saw a whirlwind of deal activity in 2021. Now, more than halfway through 2022, we are seeing activity slow down — but that does not mean deals are going away.
Take Control of Your Legacy: Planning for Generational Wealth Transfer
Estate planning isn’t only about writing a will. Having the right team, including a CPA, there to advise you can save you and your heirs time and money.
Cybersecurity Best Practices for Your Organization
Even MSPs themselves are a target for cybercriminals, which can have wide-reaching impacts on their customers and network of resources if breached.
Inflation Reduction Act Doubles R&D Credit Payroll Tax Offset For Qualified Small Businesses
The Inflation Reduction Act (H.R. 5376), which President Biden signed into law on August 16, 2022, doubles the federal research and development (R&D) credit payroll tax offset for qualified small businesses.
How Technology & Culture Support Sustainability
Embracing technology, outsourcing key operations to specialists and improving organizational culture can all be a part of a nonprofit’s plan for sustainability. While it’s important to make plans, recent years have demonstrated how easily even the best-laid plans can go awry.
Potential Tax Benefits of Capital Investments for Auto Dealerships
Auto dealers are navigating unprecedented market conditions, and most are experiencing an improved bottom line and healthier cash flow. Many dealers delayed making major capital improvements or significant purchases of personal property during the pandemic due to the volatile circumstances and concerns around potential shutdowns.