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Plans for Two Major Changes to R&D Credits

This article dissects the new legislation from the IRS that requires more documentation for those filing research and development tax credits. The IRS gave a three-month warning, and these changes are expected to be forced on January 10. In addition to more substantive documentation, there is also a chance that taxpayers “will no longer …

Trends That Are Shaping 2022

This article discusses how operating in the agricultural industry can be rigorous and challenging. However, by taking advantage of emerging trends such as blockchain technology in order to have a transparent view of your supply chain, regenerative agriculture, electronic vehicles for your farm, and harvesting plant-based proteins, you will be set up for success …

Embracing a New Era of Innovation in 2022

This article explains the importance of building your company’s online structure in a growing technological world. Technology is more powerful than ever challenging a business to restructure in new ways where it can sustain itself in a new market. It offers an opportunity to grow in every aspect because every facet of your brand …

Pursuing Growth in Metal Manufacturing

Steel and metals manufacturers are in high demand these days. That said, high demand alone will not ensure a company’s success—this requires hard work and strategizing. In a new article from Thomasnet, Shalane Layugan offers advice to metal manufacturers seeking to pursue business growth. Click here to read about her suggestions, including crafting a …

Four Strategies for Strengthening Your Small Manufacturing Company

A strong trend of consolidation in the American manufacturing sector makes remaining competitive a challenge for small, independent manufacturers, writes Jason Ray in a new article from Forbes. The author recommends making investments of time and money in four key areas: customer diversification, digitization, use of data and analytics, and building a knowledge base …

Bolstering Manufacturing Operations in the Face of COVID

The pandemic has required manufacturers to implement a number of changes in order to weather the long-term crisis. A recent article from CPA Practice Advisor examines four strategies that leading lean manufacturer Toyota has relied upon to thrive in the face of difficulties. Click here to learn about how the company strategized in the …

Best Project Management Practices for Research & Development

This article explains how research and development teams sometimes find difficulties when working together. Some difficulties may include using various work styles, different time zones, and different experience levels. Hybrid manufacturing teams need to move fast now more than ever, so delays in communication through “phone tag, unread emails or missed messages significantly halt …

The Benefits of Business Valuation for Small Businesses

This article demonstrates the possibilities a small business can pursue after receiving a valuation. A valuation can give small business owners benefits such as tracking progress and “a road map to deliberate decision making.” Some other benefits that come along with a business valuation include access to more investors, better decision making to improve …

AgriTech Trends to Watch in 2022

This article discusses how the Agritech industry not only made it through the pandemic but saw skyrocketing numbers and investments throughout the past two years. As the world continues to become highly digitalized, the agricultural industry is no exception. For example, Internet of things devices, next-generation Internet connections, and autonomous agricultural machinery are technological …