Minimize the Last In First Out (LIFO) Inventory Recapture Tax
Depending on your entity status, the LIFO recapture tax can have implications for your bottom line.
Read LIFO Inventory Recapture Tax
Here we explain five simple business strategies to help your manufacturing plant recession proof now for future profits.
Read Recession Proof
The airways and social media are flooded with claims that your organization is eligible for the Employee Retention Credit. Do your homework and consult with a CPA not a third-party vendor given that the credit is no longer available.
Read Debunking ERC Claims
Certain tax provisions that impact manufacturers have expired barring further legislation. What are they and how do they impact your operations.
Read Expiring Tax laws
Explore our tax guides, apply the new 2023 standard mileage rate increase, and use the 1Q tax planning calendar as a resource.
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Lumsden & McCormick, LLP, 369 Franklin St., Buffalo, NY 14202, 716-856-3300
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