Pinion Insights: Posts from category

Manufacturing

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
, , , , , , , , , ,
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 …

Read moreA Look at the Modern Audit: Are You Missing Out?

IRS Bulletin

How to Secure a Business Network

By Melissa DeDonder | April 7, 2022
, ,
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 …

Read moreHow to Secure a Business Network

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 …

Read moreHow Additive Manufacturing is Transforming the Supply Chain

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 …

Read moreIoT Today: How Even the Smallest Implementation Has a Big Payoff

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 …

Read moreFinding Money: Manufacturers Often Miss Out on these Tax Credits

Estate Tax Planning

Estate Tax Planning: Possible Changes Ahead

By Jim Rein | February 16, 2021
, , , , , , , , , , , , , , , ,
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 …

Read moreEstate Tax Planning: Possible Changes Ahead

New 1099 Nonemployee Compensation Tax Form for 2020 Tax Year

Business Tax Update: New 1099 Nonemployee Compensation Tax Form for 2020 Tax Year

By Sandy Sporleder | January 18, 2021
, , , , , , , , , ,
Reading Time: 3 minutes
After a 38-year absence, Form 1099 Nonemployee Compensation Tax has made its return in the 2020 tax year, and its January 31 deadlines are right around the corner.  Don’t panic – here’s everything you need to know about the revived form, and how it is intended to be used. For …

Read moreBusiness Tax Update: New 1099 Nonemployee Compensation Tax Form for 2020 Tax Year

Meal and Entertainment Deductions

Business Tax Update: Many Meal and Entertainment Deductions Have Increased

By Sandy Sporleder | January 10, 2021
, , , , , , , ,
Reading Time: 2 minutes
In an effort to provide additional stimulus funding, The Consolidated Appropriations Act was signed by the President on December 27, 2020.  Included in the guidance were changes to deductions for business meals in tax years 2021 and 2022. New Provisions include Higher Temporary Meal Deductions In an effort to stimulate …

Read moreBusiness Tax Update: Many Meal and Entertainment Deductions Have Increased

Categories