Tag: Manufacturing

Blockchain Technology

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Blockchain is one of the most popular and controversial topics of conversation among technology leaders in business today. Blockchain is a digital ledger of economic transactions that is fully public, continually updated by countless users, and considered by many impossible to corrupt through its use of continuous records in blocks. A blockchain database contains two […]

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2017 Manufacturing & Logistics Summary

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The 2017 Manufacturing and Logistics reports, produced by the Center for Business and Economic Indiana Research at Ball State University (CBER) and Conexus Indiana, were released earlier this year.  This included a national report, an Indiana report and a companion study, Industry Volatility and Growth. The reports look at specific measurements such as manufacturing industry […]

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2015 Manufacturing & Logistics Summary

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The 2015 Manufacturing and Logistics reports, produced by the Center for Business and Economic Indiana Research at Ball State University (CBER) and Conexus Indiana, were released earlier this year.  This included a national report, an Indiana report and a companion study, The Myth and the Reality of Manufacturing in America. The reports look at specific […]

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Standard Costs Explained

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Pop Quiz: Your electricity bill for your home arrives stating that you owe the power company $150 for the past month’s usage. Is this a reasonable bill? Clearly, the answer is – it depends. You might compare this bill to a previous bill to determine if it is reasonable, or you might just rely on […]

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Our Manufacturing & Distribution Clients Report 13% Average Profit Increase

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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 a 25% […]

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Right to Work – 2 Sides to Every Coin

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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 […]

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Give Your Tax Knowledge a Boost

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November 15, 2011 Tax and business planning matters for manufacturing & Distribution This seminar is especially geared to our business clients. Seminar topics include dealing with sales and use tax matters in a multi-state environment, property tax abatements, benefit from expensing of capital additions before sunset occurs, as well as the latest tax changes affecting […]

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Can Your Company Survive a Product Recall?

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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 […]

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What is the Section 199 Deduction?

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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 production activities. It was established by […]

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What a Private Manufacturer Should Know about SOX

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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 […]

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