Skip to content

Manufacturing

New Qualified Production Property Rule Expands Tax Saving Opportunities for Manufacturers

New Qualified Production Property Rule Expands Tax Saving Opportunities for Manufacturers

Among the many wins for U.S. manufacturers as a result of the passage of the One Big Beautiful Bill Act (OBBBA) in July 2025 is the creation of a new temporary deduction for certain property used in production and manufacturing. Section 168(n) of the One Big Beautiful Bill Act introduces
Read More
Staying Compliant with the OBBBA’s New “No Tax on Overtime” Regulations

Staying Compliant with the OBBBA’s New “No Tax on Overtime” Regulations

The “No Tax on Overtime” rule, part of the One Big Beautiful Bill Act passed in July, has created a temporary federal income tax deduction for qualified overtime pay. The deduction—which applies retroactively to overtime pay earned beginning January 1, 2025, and extends through December 31, 2028—imposes new reporting and
Read More
Manufacturing’s Skilled Labor Shortage: What’s Causing It and How Do We Solve It?

Manufacturing’s Skilled Labor Shortage: What’s Causing It and How Do We Solve It?

The skilled labor shortage remains a leading concern among manufacturers throughout the U.S.—and as more companies embrace Industry 4.0, the demand for workers with advanced technology skills will continue to rise. A 2024 study predicts that as many as 3.8 million positions will open in U.S. manufacturing before 2033, and
Read More
Good News for Research and Development Under the OBBBA

Good News for Research and Development Under the OBBBA

Last updated on September 5th, 2025The One Big Beautiful Bill Act, enacted in early July, imposes sweeping changes across the U.S. tax code. Our most recent article focused on the provisions of the One Big Beautiful Bill (OBBBA) most relevant to manufacturing companies. One of the most significant provisions for
Read More
Key Takeaways for Manufacturers from the One Big Beautiful Bill Act

Key Takeaways for Manufacturers from the One Big Beautiful Bill Act

The One Big Beautiful Bill Act—or the OBBBA for short—was signed into law in early July, implementing several significant tax law changes. The act’s provisions will have impacts on businesses across a wide range of industries. Here is a list of tax law changes and updates under the OBBBA that
Read More
Addressing Supply Chain Challenges in 2025

Addressing Supply Chain Challenges in 2025

Last updated on July 24th, 2025Amid tariffs, trade wars, and continuing geopolitical tensions, supply chain disruptions remain one of the primary concerns among manufacturers in 2025. Let’s look at some of the supply chain-related challenges manufacturers are currently facing, as well as some of the ways businesses are attempting to
Read More
Industry 4.0 for Small and Medium-sized Businesses: Challenges and Solutions

Industry 4.0 for Small and Medium-sized Businesses: Challenges and Solutions

Last updated on June 16th, 2025Industry 4.0—also known as the Fourth Industrial Revolution or “smart manufacturing”— refers to the digital transformation of the manufacturing field, including the integration of technologies such as artificial intelligence, Internet of Things (IoT), cloud computing and analytics, and machine learning (IBM). While large manufacturers have
Read More
Is Additive Manufacturing the Right Choice for Your Business?

Is Additive Manufacturing the Right Choice for Your Business?

MIT defines additive manufacturing—often referred to as 3-D printing—as the process of creating an object by building it one layer at a time. Additive manufacturing has risen to the forefront of discussions in the manufacturing world over the last several decades. Many types of materials can be used in additive
Read More

Map of Qualified Census Tracts (QCTs)

  • Move map to NY and scroll to zoom in
  • Under Map Options select “Color QCR Qualified Tracts”