Pinion Insights: Posts from category

Manufacturing

Inflation Reduction Act

Overview of the Inflation Reduction Act

By Pinion Editorial | August 12, 2022
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Reading Time: 2 minutes
Following its approval by the U.S. Senate on August 7, the U.S. House of Representatives has passed the Inflation Reduction Act (IRA) – also referred to as the $700 billion climate, health care, and tax bill.  The legislation is now expected to be signed into law by President Biden.   While …

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6 Ways to Attract and Retain Future Leaders

Appealing to the Next Generation: 6 Ways to Attract and Retain Future Leaders

By Pinion Editorial | June 21, 2022
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Reading Time: 3 minutes
If the COVID-19 pandemic has taught businesses any one thing, it’s how dynamic and adaptable business models can become when needed.  This resilience bodes well for businesses as the challenges surrounding their workforce gaps, future leadership uncertainties, and workforce adaptations have been an active, ongoing issue. “Essentially, businesses have proven …

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A Look at the Modern Audit: Are You Missing Out?

A Look at the Modern Audit: Are You Missing Out?

By Pinion Editorial | June 2, 2022
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Reading Time: 2 minutes
While most companies think of audits as an annual necessity, the vast majority typically keep to the same old standards and don’t know to ask for more. But the modern audit process has changed, and businesses should raise their expectations accordingly. Today’s audit should extend beyond bringing in accountants to …

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IRS Bulletin

How to Secure a Business Network

By Melissa DeDonder | April 7, 2022
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Reading Time: 3 minutes
There are four primary cyber security measures that every business should implement to secure its network. The cycle to follow includes: identification, protection, detection, and response. Identify risk. A company should identify and quantify the level of risk associated with information technology and its IT assets by completing and maintaining …

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How Additive Manufacturing is Transforming the Supply Chain

How Additive Manufacturing is Transforming the Supply Chain

By K·Coe Editorial | June 25, 2021
Reading Time: 3 minutes
By Derek Wagoner The mere mention of the COVID-19 pandemic as it relates to business disruption has left many of us tired and depleted.  We have lived and breathed it for the past 18 months – and we have learned a lot. One monumental discovery for manufacturers:  While Additive Manufacturing …

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IoT Today: How Even the Smallest Implementation Has a Big Payoff

IoT Today: How Even the Smallest Implementation Has a Big Payoff

By Justin Mentele | May 25, 2021
Reading Time: 3 minutes
Five to ten years ago, the Internet of Things (IoT) was a buzzword that no one could escape – circulating around board rooms and strategy meetings as the theoretical cure for all manufacturing problems in the future. Once thought to be an ‘all or nothing’ proposition that was an integral …

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Manufacturers Often Miss Out on these Tax Credits

Finding Money: Manufacturers Often Miss Out on these Tax Credits

By Travis Free | March 16, 2021
Reading Time: 4 minutes
In the manufacturing industry, there are so many tax credits that are available to businesses: Research and Development Credit, Jobs Tax Credit, Work Opportunity Tax Credit, Fuel Tax Credit, and numerous state tax credits for investing in equipment and employee training, to name a few.  However, many manufacturers are not …

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Estate Tax Planning

Estate Tax Planning: Possible Changes Ahead

By Jim Rein | February 16, 2021
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Reading Time: 2 minutes
No matter what the presidential outcome, there was never any question that the outlook for estate tax planning would be different in 2021.  How much different was dependent upon who controlled the presidency and the Congress.  With Democrats now in power on both of those fronts, the logical question now …

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