By Jeff Pratt, Sean Murphy The novel coronavirus (otherwise known as COVID-19) crisis has struck a serious blow to the manufacturing industry, which was already battling trade policy turbulence, a slowdown in global manufacturing growth and broader economic uncertainty. The virus’ disruptive impacts are rippling throughout global manufacturing supply chains, particularly in the auto sector. Automakers rely Read More…
Given the historically low interest rate environment in which we find ourselves, most business owners in capital intensive industries will be impelled to explore their options when it comes to obtaining new equipment. Whether it’s best to use lease financing or purchase equipment outright depends on multiple factors including (but not limited to) the type Read More…
The domestic production activities deduction (DPAD) is a deduction available to businesses that produce goods in the U.S. The deduction is not limited to manufacturers, however. It includes the production of computer software, film, or utilities; the leasing, licensing or sale of property you produce, grow, or extract; as well as construction, engineering, and architectural Read More…
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