View our financial resources for manufacturing companies below.

Newsletter Icon

Manufacturing Newsletter

Check out our articles for manufacturing companies below. Like what you see? Get timely updates about these topics and more delivered straight to your inbox by signing up for our monthly email newsletter.

Proposed federal budget includes noteworthy tax changes

Mar 15, 2023

President Biden’s 2024 budget proposal includes a variety of changes that could impact taxes for both individuals and businesses.

Buying a business vehicle? A heavy SUV is a tax-smart option

Buying a business vehicle? A heavy SUV is a tax-smart option

Feb 24, 2023

Purchasing a heavy SUV could provide a more generous tax break than a smaller vehicle for business owners.

How much does your company disclose about COGS?

How much does your business disclose about COGS?

Jan 17, 2023

The cost of goods sold can account for 70% of a company’s expenses, according to recent discussions by the FASB’s Investor Advisory Committee. However, some companies skimp on details around the costs they incur to produce goods. The FASB’s disaggregation of income statement project could change that.

R&D credit can have big impact for small businesses

Jan 16, 2023

Every business can be an innovator. The research tax credit is a way to reward that innovation, and it comes with an intriguing feature related to payroll taxes.

Five critical areas in financial reporting today

Dec 18, 2022

The Securities and Exchange Commission advises business owners to keep five key areas in mind when preparing 2022 financial statements.

Accuracy matters in inventory management

Dec 8, 2022

Depending on the nature of your company’s operations, your balance sheet may include inventory totals. Here’s why your inventory system might be flawed and giving you the wrong numbers.

IRS raises standard mileage rate to 62.5 cents per mile

Jun 10, 2022

The IRS has increased the optional standard mileage rate by 4 cents per mile, its first mid-year mileage rate adjustment in 11 years.

Adjusting to the new lease accounting standard

Apr 6, 2022

Businesses and nonprofit groups are gradually adjusting to requirements of the new lease accounting standard, such as bringing most leases onto the balance sheet. Since ASC 842 can seem confusing, here’s a quick guide to ease the adjustment period.

Six tips to help you prepare for your next audit

Feb 24, 2022

Being fully prepared and organized can help your financial statement audit go smoothly and ultimately save your business or organization time, money, and headaches.

Manufacturing CPAs

“We have been working with KraftCPAs for 15 years. Our manufacturing business is complex, and they have taken the time to understand our processes, and are able to leverage their overall technical knowledge and experience with other clients to provide insights and advice on how we can improve. We certainly view KraftCPAs as a valuable business partner.”

Mike McKee, McKee Foods Corporation

Little Debbie web

Search Site

Search Team

Search Articles