Luxury Cars Are Becoming the Go-To for Gen Z Buyers
This article explains that Gen Z is more likely to buy a luxury vehicle partially both because of social media and their upbringing. Almost 1 in 6 Gen Zers drove…
Manufacturing Client Autoblog
How Busy Factories are Utilizing More Robotics
This article explains that more and more robots are being used on factory floors and assembly lines because there are not enough human workers. Orders for workplace robots increased 40%…
Pitfalls of Using an Automated Online Platform for Submitting R&D Tax Credits
This article discusses the various pitfalls of using an online service to submit your research and development tax credits. For example, these online platforms cannot replace services such as the…
Sharpening Your Knowledge of R&D Tax Credits Could Help Your Business
This article discusses the resource that is the research and development tax credit program. Through this program, various businesses can receive credit from the federal government in order to continue…
Technology Transforming Businesses Including Manufacturing
This article discusses how although technological advancements were put on pause during the coronavirus pandemic, the industry has seen a boom since then. Specifically, trends such as 5G technology, autonomous…
Getting a Cost Segregation Study Before Time Runs Out
This article discusses a unique tool that many CPAs do not utilize or even know about. The cost segregation study is a way to recognize the fact that a building…
Electric Vehicle Start-up Begins Production on Electric Semitruck
This article explains that the electric heavy-truck start-up, Nikola, has begun production for its battery-powered version of its electric Tre semi-truck. Production for the electric semi-truck is located at Nikola’s…
Recent IRS Updates to the Application of R&D Credits
This article discusses the most recent publication from the IRS regarding requirements when applying for research and development tax credits. For example, the required information includes names of individuals who…
Should You Claim the Research & Development Tax Credit?
This article discusses how the research and development tax credit is an incentive from the federal government that is meant to incentivize innovation, design, and manufacturing. A tax credit is…
Determining the Value of Your Manufacturing Business
This article explains the three types of business valuation methods and why it is important to know your business’s worth. The three approaches to value a business include market-based valuation,…