Cost Segregation

Can Your Manufacturing Company Benefit from a Cost Segregation Study?

Male Technician ina bright blue jumsuit with an orange hard hat Works On Lathe, Plant
June 6, 2024
H&B
0
When manufacturers buy, build or improve their facilities, it involves a substantial investment. But these expenses generally can’t be immediately deducted for tax purposes. Fortunately, there may be another approach that will allow you to accelerate your depreciation deductions: a cost segregation study. Understanding Depreciation For assets with a useful life of more than one year, […]
Find Out More
Employee Relations

Are You Familiar With the FUTA Tax?

Vector Of Jobless Men And Women Staying In Line For Insurance Unemployment Benefits.
May 31, 2024
H&B
0
You’re probably knowledgeable about the FICA tax, which was established by the Federal Insurance Contributions Act, and is paid by both employers and employees through payroll deductions. FICA tax includes a Social Security and Medicare portion. Less is likely known about the FUTA tax, authorized by the Federal Unemployment Tax Act. This unemployment insurance tax […]
Find Out More