D&M Manufacturing Industry Newsletter

April 2024

Anthony Pokrentowski

CPA

Tax Manager

Featured Article From Our Experts

Can Your Manufacturing Company Benefit From the Work Opportunity Tax Credit?

The hunt for skilled laborers in the manufacturing sector doesn't appear to be going away any time soon. What options are available to manufacturers to fill open positions? One solution that offers not only qualified workers but also significant tax savings is the Work Opportunity Tax Credit. In this article, you will learn about the eligibility criteria, benefits and potential value of this tax credit.

Structuring Your Manufacturing Company as an S Corporation or LLC Can Result in Different Outcomes

When it comes to forms of ownership, manufacturing company owners have a few choices. Among them are two that offer a combination of the flow-through taxation of partnerships and the liability protection of C corporations: S corporations and limited liability companies (LLCs). Here, you will receive guidance to help determine which form of ownership is right for your manufacturing company.

Augmented Reality is the New – and Better – Reality in Manufacturing

Today, manufacturers are increasingly using augmented reality (AR) technology to streamline their operations and achieve significant improvements in cost, speed and error reduction. This article shares insights on how AR is positively impacting the manufacturing and distribution industry for the better.

Ready, Set, Value!

If you’ve never worked with a business valuation professional, you might not know where to start. Although valuators use various analytical techniques and possess different qualifications, they generally adhere to the same five-step process. Click through to learn these five steps.

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About Dannible & McKee, LLP

Dannible & McKee, LLP has been providing audit, tax, accounting and financial management consulting services to clients nationwide since 1978. The hallmark of our firm is our technical expertise, depth of experience and our approach to delivering quality service to our clients. We understand the unique needs of manufacturers, and our team of manufacturing specialists are well-versed and experienced in manufacturing concerns, and able to address your needs. We are involved in many organizations that serve manufacturers, including the Manufacturers Association of Central New York (MACNY) and the Central New York Technology Development Organization (CNY TDO). We are also Upstate New York’s first-ever affiliate of GGI Global Alliance (GGI), the prestigious international organization of professional firms.

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DM Financial Plaza, 221 South Warren Street, Suite 500,Syracuse, NY 13202

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To learn more about Dannible & McKee, visit us at: www.dmcpas.com.