Posts Tagged ‘Rex Miller’
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 ill afford to waste.
by Rex Miller, CPA and Deanna Hatfield | Team Members of the Manufacturing & Distribution Services Group
Recently, one of the most commonly asked questions within a company is "How can I manage the ‘younger’ generation?" With the number of generations growing in the workplace, due to the ever increasing life expectancy of people and ultimately their retirement age, radical changes are having to be made, requiring a new way of thinking for some aspects of management. To some, the requirement to handle the varying generations within the work environment may seem like an unneeded task, but gaining a deeper understanding is worth noting.
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 owners and employees can breathe a collective sigh of relief and return to business as usual. For most companies, a sigh of relief is in order, but beware of business as usual. Usual may no longer be good enough.
As your company rebuilds from the recession, be sure to spend wisely, save wisely, and properly nurture the right business relationships.
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 to spend it? If so, congratulations. Write some checks to your employees as thanks for their hard work and dedication and ignore the rest of this article. But, if your company, like most other U.S. businesses, continues to struggle financially and is looking for creative ways to incentivize key employees.
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 the American Jobs Creation Act of 2004 in an effort to ease the tax burden of domestic manufacturers and as a result make the investment in domestic manufacturing facilities more advantageous.