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Protect your manufacturing company with group captive insurance

In recent years, manufacturers have increasingly turned to group captive insurance as a strategic alternative to traditional insurance models. Commercial insurance policies can be costly and may not cover all the...

Manufacturers: Do you know the telltale signs of vendor fraud?

Vendor fraud can be a significant risk in the manufacturing sector, where companies rely on numerous third-party suppliers for raw materials, components and services. Deceptive practices can erode your manufacturing...

Disaster victims may qualify for tax relief … including on amended returns

Victims of presidentially declared disasters in recent years who couldn't previously claim a casualty loss deduction may now be able to claim a refund. Additional tax relief also might be available. Read on to learn...

Powers of Attorney as Part of Your Estate Plan

A Power of Attorney (POA) can be an essential tool in estate planning. Understanding the different types of Powers of Attorney is important in choosing the right instrument to fulfill an individual's particular...

Understanding Foreign Trade Zones and How They Can Be an Effective Planning Tool to Mitigate Tariffs and Related Costs

With the new regulations on tariffs, there are some cost-saving measures on foreign merchandise that is re-exported as finished goods. By optimizing entry procedures, businesses can leverage the supply chain to...

Make smarter, data-driven decisions after determining your products’ profitability

For manufacturers, knowing which products are profitable is essential for strategic decision-making and long-term success. While total revenue can provide a sense of overall product performance, profitability...

Key Strategies for Contractors to Minimize the Impact of Tariffs

To minimize the impact of tariffs in the construction industry, there are some key strategies for construction companies to consider. These may include: incorporating price escalation clauses in contracts ...

Reviewing the look-back method for long-term construction contracts

Among the most common challenges of any long-term construction project are fluctuating job costs. However, variations in the cost of materials and labor over time aren't the only cause for concern. Permitting issues,...

The latest on occupational fraud in the construction industry

The construction industry has made great strides in overcoming the outdated perception that it's rife with corruption. Unfortunately, the fact remains that contractors lose hundreds of thousands of dollars a year to...

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