Manufacturing

Why the Three Key Elements of Integrity are Critical for Your Accountant

Jacob R. Sopczynski

Have you ever thought about the integrity of your accountant? Integrity can have a different meaning to each individual and a slightly different interpretation for each professional industry. For many, integrity is incorruptibility, completeness, and communication. Sounds simple enough, right? Now, how do these three key elements apply to the pr... Learn More

2017 Might be Your Last Chance to Hire Veterans and Claim a Tax Credit

Yeo & Yeo CPAs & Business Consultants

With Veterans Day on November 11, it’s an especially good time to think about the sacrifices veterans have made for us and how we can support them. One way businesses can support veterans is to hire them. The Work Opportunity tax credit (WOTC) can help businesses do just that, but it may not be available for hires made after this year. ... Learn More

Research Credit can Offset a Small Business’s Payroll Taxes

Yeo & Yeo CPAs & Business Consultants

Does your small business engage in qualified research activities? If so, you may be eligible for a research tax credit that you can use to offset your federal payroll tax bill. This relatively new privilege allows the research credit to benefit small businesses that may not generate enough taxable income to use the credit to offs... Learn More

How Does Section 179 Apply to Vehicles?

Kristy Brown

Many business owners have heard of the Section 179 deduction in relation to capital assets that are purchased. However, special rules are in effect regarding Section 179 as it relates to the purchase of vehicles. Read on to see if your vehicle purchase will qualify for the Section 179 deduction. For a majority of passenger vehicles that ... Learn More

Participate in Yeo & Yeo’s 2017 National Manufacturing Outlook Survey

Yeo & Yeo CPAs & Business Consultants

Yeo & Yeo CPAs & Business Consultants is asking for manufacturing company owners and managers to participate in the second Yeo & Yeo / Leading Edge Alliance (LEA) National Manufacturing Outlook Survey. The survey results will provide valuable benchmarking data for manufacturers. This short (< 25 questions) survey asks abou... Participate Today

Spotlight on Fraud in the Manufacturing Industry

Amy Buben

The Association of Certified Fraud Examiners (ACFE) has published its 2016 Report to the Nations on Occupational Fraud and Abuse. The latest biennial study breaks down white collar crimes by industry, highlighting the common scams that manufacturers need to watch for and ways for them to minimize potential losses from fraud. How much doe... Learn More

Interim Accounting Services Add Value

Amy Buben

During the life cycle of a manufacturing company – as it changes and grows -- management may decide it is time to restructure and improve the accounting department, including reporting. The company may reach a stage where it becomes imperative to optimize existing software or even replace or expand leadership within the finance or accoun... Learn More

Attend the MMA’s 2017 Manufacturing Forum in April

Amy Buben

Members of Yeo & Yeo’s Manufacturing Services Group will attend the Michigan Manufacturers Association’s 2017 Manufacturing Forum on Tuesday, April 25, at the Suburban Collection Showplace in Novi. We welcome you to join us to gain new insights to grow your Michigan-based business. The Michigan Manufacturers Associati... Learn More