In our previous article, Optimizing Sales and Efficiency in Chemical Manufacturing Through CRM Solutions, we explored the important role CRM plays in enhancing chemical manufacturing operations by optimizing sales, improving customer relationships and ensuring regulatory compliance. Now, let’s dive deeper into the next step: setting up CRM effectively. Three Expert CRM Implementation Tips A well-planned…
Many changes in technology over the past 30 years have affected how background investigations are conducted. Numerous types of documents, including, but not limited to, court records, bankruptcy filings, real estate records, employment histories, corporate filings, and professional licenses, are now available online or through proprietary databases. Data brokers like LexisNexis aggregate data, including individuals’…
The manufacturing world is buzzing with artificial intelligence success stories, at least if vendors are to be believed. Industry publications overflow with tales of AI-powered predictive maintenance saving millions, computer vision systems achieving substantial quality control improvements, and smart “AIs” optimizing entire factory floors. Yet beneath this enthusiastic narrative lies a more sobering reality: many…
Learn how Withum helped a food manufacturer leverage an existing Microsoft investment to streamline business processes and empower citizen developers with Power Platform.
On Thursday, December 12, 2024, the Internal Revenue Service (“IRS”) released a fact sheet addressing Form 8275 and the disclosure of tax positions related to IRC section 280E. Form 8275 is used by taxpayers to disclose positions taken on tax returns for which substantial authority does not exist. Substantial authority is defined as a tax…
Withum’sVeterans Team Member Resource Group (TMRG) andNot-for-Profit and Education Services Team proudly sponsored a total of 2,792 wreaths, in conjunction with team members and friends and family of the Firm from all Withum’s U.S. offices, for Wreaths Across America’s annual wreath-laying ceremony. Wreaths Across America is a national initiative with a mission to remember the…
The end of the year is a busy time for many of us. Preparing for the upcoming holidays, spending time with family and friends, and planning for the New Year take a lot of time and commitment. Countless to-do lists and responsibilities at home and work make the most wonderful time of the year more…
The U.S. Department of Health and Human Services Health Resources and Services Administration (“HRSA”) has renewed efforts to contact providers that received Provider Relief Funds (“PRF”) and American Rescue Plan Rural Distribution Funds (“ARP Rural”) regarding delinquency in required audit reporting. As part of the conditions of funding, any organization that received or spent a…
The Tax Cuts and Jobs Act (“TCJA”) introduced several tax rate cuts when it was enacted in 2017. This included a reduction in the tax rate of C corporations rate to 21% and a temporary provision that allowed owners of S corporations and partnerships to reduce their taxes by deducting an additional 20% of the…
As the political landscape shifts with President Trump back in the White House and Republicans holding the majority in Congress, the practical implications for tax policy are significant. For not-for-profit organizations, these changes could bring both challenges and opportunities. What might this new tax regime look like? Let us look at some of the more…