How can flexible work options, personal development opportunities, investments in technology and participation in programs can help manufacturers?
Industry: Manufacturing & Distribution
LBMC’s understanding of manufacturing and distribution challenges, along with our technical expertise provides competitive advantages. We have positioned our firm to be a solution to the financial challenges faced by local, Japanese-owned and foreign-owned companies.
Electric Vehicle Tax Credits and the Future of the Automotive Industry
One highlight of the recently passed Inflation Reduction Act of… Read more »
LBMC Announces Key Talent Acquisitions in High Net Wealth, International Tax
New Leaders from Missouri, Canada Align with Firm’s Growth and… Read more »
The Inflation Reduction Act of 2022
Key Points The Inflation Reduction Act of 2022 contains several… Read more »
Livestock – Depreciate? Inventory? Sell?
Livestock held primarily for sale by for-profit farmers must be included in inventory. However, livestock held for draft, breeding, or dairy purposes can either be included in inventory or depreciated. Learn more.
Congress at Work: Supply Chain, Professional Workforce, Cybersecurity and Coastal Ecosystems
The Congress at Work series of articles is designed to… Read more »
Strategic alliances: Leverage strengths, minimize weaknesses
Strategic alliances can begin as a short-term agreement and eventually lead to a merger. Review the short- and long-term upsides of strategic alliances.
Bonus Depreciation Changes Coming in 2023
TCJA allows 100 percent expensing of short-lived capital investments for 5 years, then a 20-percent phase-down schedule over the subsequent five. Learn more.
CASE STUDY: Cost Segregation for Manufacturing & Distribution
This success story reviews a boat manufacturer located in Ashland… Read more »
Spotlight on fraud in the manufacturing industry
This blog covers questions like: How much does fraud cost? Which schemes are most common? How can we fight fraud? How should victims handle allegations?