Take Advantage of Tax Credit Opportunities for Manufacturing Companies 
Manufacturing companies of all sizes can access several tax credits for activities related to innovation and job growth. They can enable businesses to make capital investments, hire new employees, grow existing operations and invest in new service lines and products, all while substantially reducing their tax liability. In this article, we will discuss the types of credits that are available for manufacturing companies and how you can take advantage of the tax-saving opportunities.
The 2021 Outlook is Optimistic for the U.S. Manufacturing Industry 
COVID-19 and the global economic crisis was unprecedented in 2020, and the U.S. manufacturing industry has felt the impact. Nevertheless, manufacturers have continued to operate through the crisis and activity is rebounding strongly. In this article, we provide an overview of the manufacturing industry during the COVID pandemic and a look ahead into what’s to come in 2021. 
Make the Most of the Employee Retention Credit
The Employee Retention Credit (ERC), a payroll tax credit included in the CARES Act, was significantly enhanced and extended with the enactment of the Consolidated Appropriations Act and the American Rescue Plan Act. These changes now affords the possibility of great benefit to companies affected by government mandated shutdowns and economic impact — regardless of whether they took or will take advantage of the Paycheck Protection Program. In this article, we provide details around the many changes to help you get a better understanding of the ERC and eligibility to receive them.
Why Manufacturers Cannot Afford to Ignore Cybersecurity 
Many manufacturers have a false sense of calm when it comes to cybersecurity. They incorrectly assume their risk of a cyberattack is low because they don’t sell products on the Internet or gather credit card information and other sensitive data from customers. In recent years, hackers looking for the next big score have found that manufacturers are an attractive target. This article looks at why it’s a good idea to conduct a risk assessment to identify vulnerabilities and take steps to shore up defenses.
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 Technology Development Organization. We are also Upstate New York’s first-ever affiliate of GGI, the prestigious international organization of professional firms.

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