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All About Manufacturing & Distribution

Do You Need an Audit, Review or Compilation?

When it comes to financial reporting, nonprofits and for-profit businesses often face a range of requirements and expectations depending on their size, activities and the specific regulations they are subject to. When running a nonprofit or business,...
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BOI Filing Requirements Are Reinstated With New Deadline

On February 27, 2025, the Financial Crimes Enforcement Network announced that it will not impose fines or penalties on companies that miss current BOI filing deadlines. Additional guidance is expected from FinCEN in March. Get the latest updates on...
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BOI Report Filing — What Business Owners Need to Know

In February 2025, the deadline to file Business Ownership Information (BOI) was extended. Read more here. As a result of the Corporate Transparency Act, many businesses are required to report Beneficial Ownership Information (BOI) before the end of...
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The Pros & Cons of Using Cryptocurrency In Your Manufacturing Business

As cryptocurrency adoption continues to grow, many manufacturing business owners and CFOs are considering whether digital currencies have a place in their operations. From potential cost savings and faster transactions to regulatory uncertainty and...
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Supreme Court Decision Gives Businesses a Good Reason to Re-Visit Succession Plan

Last year the Supreme Court released an important decision in Connelly v. United States that has the potential to impact many business owners.
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2025 Payroll Update

Social Security & Medicare Tax As of January 1, 2025, the maximum amount of annual earnings subject to Social Security increases to $176,100 (from $168,600 in 2024). There is no limit on the amount of earnings subject to the Medicare tax. The maximum...
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