Category Archives: Uncategorized

You don’t have to be a manufacturer to take the “manufacturers’ deduction”

The manufacturers’ deduction, also called the “Section 199” or “domestic production activities deduction,” is 9% of the lesser of qualified production activities income or taxable income. The deduction is also limited to 50% of W-2 wages paid by the taxpayer … Continue reading

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Avoiding Email Fraud

Last week we had an interesting chain of events involving a client, e-mail compromise and potential loss of funds, none took place but possibility was there. The scenario that took place played out as follows: A tax partner for a … Continue reading

Posted in Construction, Fraud & Forensics, General, Health Care, Manufacturing, Not-for-Profit, Real Estate, Uncategorized | Leave a comment

The President’s Deficit Reduction Proposal

President Obama recently unveiled his “Living Within Our Means and Investing in the Future: The President’s Plan for Economic Growth and Deficit Reduction” proposal, which combines spending cuts with revenue raisers. There are a number of significant tax provisions in this … Continue reading

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