Manufacturing & Distribution

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Final Fair Labor Standards Act (FLSA) Overtime Regulations Released

Today the Department of Labor (DOL) finally released  their much-anticipated overtime rule. This new regulation has been put in place to transform mid-level, salaried FLSA-exempt positions into hourly, non-exempt, overtime-eligible positions. Listed below are the key [...]

Economic Health in the Manufacturing Sector

JPMorgan’s Global Manufacturing Purchasing Managers’ Index (PMI) is a measurement of economic health in the manufacturing sector that is produced through surveying private producers in several countries worldwide. An index figure of 50.0 indicates that [...]

2019-03-11T14:30:54-04:00May 12th, 2016|Manufacturing & Distribution|

Why It’s Time to Start Tax Planning for 2016

Now that the April 18 income tax filing deadline has passed, it may be tempting to set aside any thought of taxes until year end is approaching. But don’t succumb. For maximum tax savings, now [...]

What 2015 Tax Records Can You Toss Once You’ve Filed Your Return?

The short answer is: none. You need to hold on to all of your 2015 tax records for now. But this is a great time to take a look at your records for previous tax [...]

Report to the Nations

Organizations face numerous risks to their success every day including regulatory risk, economic risk, disaster risk, supply-chain risk, and technology risk, just to name a few. Fraud risk is universally one of the risks faced [...]

David Rice Named to Cisco Systems’ Small Midmarket Business Advisory Board

Information technology is an industry in which professionals strive to achieve high levels of success and must be committed to regularly developing their skills and knowledge in order to do so. Earning the respect of [...]

New FASB Guidance on Accounting for Leases

On February 25, 2016, the Financial Accounting Standards Board (FASB) issued its new lease accounting guidance in Accounting Standards Update (ASU) No. 2016-02, Leases (Topic 842). The ASU will require organizations that lease assets to [...]

Deduct Home Office Expenses — If You’re Eligible

Today it’s becoming more common to work from home. But just because you have a home office space doesn’t mean you can deduct expenses associated with it. Eligibility Requirements If you’re an employee, your use [...]

Institute of Internal Auditors Research Foundation Touts the Benefits of Outsourced Internal Audit

The Institute of Internal Auditors (IIA) recently released a report which examines outsourcing of internal audit activity. Over 50% of North American companies participating in the survey use third parties to support their internal audit [...]