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Chip Shortage Update

The global chip shortage is continuing to hamper enterprises worldwide, ranging from vehicle manufacturers to mobile phone makers, as well as other consumer, business, and industrial producers.

Manufacturers Beware of Key R&D Tax Credit Changes

With a seemingly endless list of qualifying activities, including scale-up process techniques, along with compatibility and stability testing, manufacturing is consistently one of the top industries claiming the Research and Development Tax Credit (R&D Credit).

Everything Manufacturers Need to Know About the Employee Retention Credit

The Employee Retention Credit (ERC) originally was introduced as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act in 2020, and since the passing of the Consolidated Appropriations Act of 2021 in December 2020, this provision has been expanded significantly to reward more business owners for keeping employees on the payroll throughout the pandemic.

Reshoring Manufacturing A Priority

Do you remember when most product labels said “Made in the USA”? For many decades the U.S. dominated manufacturing, both at home and worldwide, but globalization is relentless.