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Our Manufacturing & Distribution Clients Report 13% Average Profit Increase

by Marie Jett, CPA and Anita Sherman, CPA | Team Members of the Manufacturing & Distribution Services Group Our M&D Services Team recently summarized some financial data from about 20 of our largest manufacturing & distribution clients. Our manufacturing clients’ sales increased by an average of 9%, ranging from a 14% decrease to ...

Right to Work – 2 Sides to Every Coin

by Anita Sherman, CPA and John Fisk | Team Members of the Manufacturing & Distribution Services Group There has been a lot of discussion recently about this proposed legislation. If you have an opinion, now is the time to share it with your senator and representative. In an article entitled “Indiana: Where We’ve Been and Where We’re Headed,” Patrick ...

Can Your Company Survive a Product Recall?

by Rex Miller, CPA | Partner, Team Member of the Manufacturing & Distribution Services Group The steady flow of headlines about recalls should be a warning to manufacturers large and small, in every industry. Recalls — and particularly the mishandling of them — can cost manufacturers millions of dollars. These are dollars most companies can ...

Post-Recession Action Plan

by BJ Lippert, CPA and Rex Miller, CPA, Partner | Team Members of the Manufacturing & Distribution Services Group The economy is rebounding. Certain industries have realized greater resurgence than others. Certain companies have experienced better results within a specific industry than others. The general consensus, however, is that most business ...

Phantom Stock Plans Offer Incentives in Tough Economic Times

BJ Lippert, CPA and Rex Miller, CPA | Team Members of the Manufacturing & Distribution Services Group Current economic indicators show that the United States is emerging from the recession. Can you feel it? Has your company rebounded and returned to its pre-recession sales and profitability levels? Do you have stores of excess cash and nowhere ...

What is the Section 199 Deduction?

by Melissa Merrick | Rex Miller, CPA Team Members of the Manufacturing & Distribution Services Group The Section 199 deduction (also referred to as the domestic manufacturing deduction, U.S. production activities deduction, and domestic production deduction) is a tax break for businesses that perform domestic manufacturing and certain other ...

What a Private Manufacturer Should Know about SOX

by Rex Miller, CPA | Partner, Team Member of Manufacturing and Distribution Services If you think the Sarbanes-Oxley Act (SOX) doesn’t apply to your closely held manufacturing company, think again. Granted, you’re not required by law to comply with SOX provisions — only publicly traded companies are held to its corporate governance and financial reporting ...