Get a Quote For manufacturing companies in Dayton and Ohio, technology is transforming the factory floor … again. But with automation and 3-D printing comes the need for more highly skilled workers, more R&D investment, and stronger supply chains. You need razor-sharp reflexes to reach the top and intelligent strategies
[UPDATE: On Thursday, March 11, 2021, President Biden signed into law: H.R. 1319, the “American Rescue Plan Act of 2021,” which provides additional relief to address the continued impact of the COVID-19 pandemic on the economy, public health, State and local governments, individuals, and businesses. On March 10, 2021, the
Get a Quote For manufacturing companies in Indianapolis and Indiana, technology is transforming the factory floor … again. But with automation and 3-D printing comes the need for more highly skilled workers, more R&D investment, and stronger supply chains. You need razor-sharp reflexes to reach the top and intelligent strategies
What’s the impact of the 2020 Employee Retention Tax Credit (ERTC) on income tax filings? According to the newest guidance from the IRS, it could be quite substantial for some filers. The current IRS guidance states that if a taxpayer has a 2020 ERTC credit, then the wages on the
The first quarter of 2020 saw record drops in stock values of public companies. The Dow Jones Industrial Average was down 22% for the quarter. Headlines were full of bad news related to the coronavirus pandemic, from losses to job cuts to bankruptcies. Some industries were harder hit than others.
Recent Interest Rate Cuts After much speculation, the Federal Reserve reduced the interest rate on July 31, 2019. This was the first cut in over a decade. The quarter-point reduction to 2% came as an effort to primarily do three things: Increase inflation to the preferred rate of 2% per
With a team dedicated exclusively to non-profit tax and Form 990s, we get a lot of questions from our not-for-profit clients – and perhaps one of the questions that we get most often is why a non-profit organization’s Generally Accepted Accounting Principles (GAAP) financial statements not match the IRS Form
The current bonus depreciation rule came into play under the Tax Cuts and Jobs Act (TCJA) in 2017. Under TCJA, qualified property placed in service between 2017 and 2022 can be fully deductible. After 2022, this deduction has gradually been phased down to 80% in 2023, 60% in 2024, and
Updated guidance from the Multistate Tax Commission (MTC) could mean new income tax nexus for manufacturers – and while states must first adopt the guidance before it becomes law, the time to map the potential impact is now. Public Law 86-272 – the backstory In 1959, Public Law (PL) 86-272
Finding the Silver Lining in a Net Operating Loss The CARES Act is designed to minimize the economic impact for individuals and organizations; softening the blow of Net Operating Losses (NOLs) is a significant part of that relief. The CARES Act restores a taxpayer’s ability to file an NOL carryback
Oscars, Grammys, and Emmys aside, it’s been an unusually busy awards season for Barnes Dennig. Over the past few weeks, the firm has won five prestigious awards. “We’re very honored to receive these accolades,” says Barnes Dennig Managing Director Jay Rammes. “It’s a direct reflection of the outstanding service we