As a manufacturer in New York State, you may be able to receive tax credits for purchasing new equipment, creating new jobs, utilizing property for manufacturing, investing in research and development, participating in the Excelsior Jobs Program, and more. Tax credits can directly reduce the taxes you owe and, in

The United States economic landscape has seen a great deal of change since the arrival of the new administration in January. One of the most widely discussed and debated topics of the past year has been the possibility of increased tariffs on goods imported to the U.S. in 2025. That

When it comes to buying, merging, or selling a business, financial due diligence is critical. This thorough analysis of a business’s financial health provides a comprehensive understanding of its economic standing, mitigating potential risks and ensuring a fair deal for both parties involved. One factor that plays a significant role

With escalating trade wars, geopolitical uncertainties and conflicts, the pending Presidential election, and more, U.S. manufacturers continue to navigate choppy waters to chart their supply chain strategy. Building on President Trump’s 2018 tariff increase on goods from China, in mid-May, President Biden set out to address unfair trade practices and

Last updated on July 23rd, 2024While we have become accustomed to hearing about ransomware attacks where systems are shut down and/or data is held for ransom, there’s another risk to account for in your business continuity/crisis management plan, especially in today’s connected environment: when a software solutions provider is attacked

Last updated on August 23rd, 2024The FTC’s Noncompete Ban Is NOT Moving Forward September 4 ***** UPDATE TO THIS ARTICLE:  Earlier this week, a Texas federal court set aside the Federal Trade Commission’s (FTC’s) proposed ban on noncompete agreements, scheduled to take effect nationwide in just over two weeks. Thanks

Now that another tax season is wrapped up and the impact on your business is top of mind, consider taking some time to evaluate whether your tax strategy is supporting your business goals or whether you should consider making adjustments. (Even if you filed an extension for your 2023 tax

This is not another article on how artificial intelligence (AI) and machine learning (ML) are transforming manufacturing. Day after day, your inbox and media feed are probably full of them. As is the case with many trending stories, it’s hard to tell what’s actually happening versus what’s expected to happen.