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The Impact of Tax Reform on Bonus Depreciation
Tax reform made the following changes to the bonus depreciation rules: a new 100-percent bonus depreciation percentage, an expanded definition of eligible property to include used depreciable property, and an extended placed-in-service phase-out date from before January 1, 2020, to before January 1, 2027.

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Tax Reform Limits and Eliminates Popular Deductions
The Tax Cuts and Jobs Act of 2017 made several changes to the manner in which mold shop determine taxable income.

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The Impact of Tax Reform on Capital Expenditures
The Tax Cuts and Jobs Act includes a provision for how mold builders should account for capital expenditures.

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How Tax Reform Impacts the Accounting Methods of Mold Shops
The Tax Cuts and Jobs Act of 2017 code may broaden the accounting methods available to mold builders with average annual gross receipts of less than $25 million for the prior three tax years.

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Tax Reform Impact on Research Incentives
Tax reform changes the benefits of the R&D tax credit and the alternative minimum tax.

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The Bottom Line: Taxation of Mold Builders: 1998 vs. 2018
Tax laws are much more favorable for mold shops today than they were 20 years ago.

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The Bottom Line: The Impact of Tax Reform on Moldmaking
The Tax Cuts and Jobs Act of 2017 should decrease a moldmaker’s overall tax liabilities.

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Bottom Line: Personal Goodwill Indicates the Value of a Mold Shop for Sale
Carefully evaluating corporate and personal assets uncovers opportunities for significant tax savings when selling a mold business.

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The Bottom Line: Identifying the Value Drivers for a Mold Shop
Paying attention to the basic value drivers that promote sustainable growth helps mold shops build value in their businesses.

The Bottom Line: Tax Incentives When Replacing Old Equipment
Tax items to consider when selling old equipment and replacing it with new equipment.

The Bottom Line: New Rules for S Corporations Offer Flexibility with Profit Taxes
The Protecting Americans from Tax Hikes Act (PATH Act) permanently shortened the S Corporation “built-in gain holding period,” making it more attractive for corporations to elect status as an S Corporation and the treatment that such a status incurs. This gives mold shops more flexibility as to how they are taxed on their profits and the eventual sale or transition of their businesses.

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The Bottom Line: Income Tax Nexus: Are You Protected?
Companies engaging in certain activities across state lines create a tax nexus, meaning that the company must pay income taxes in those states.

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The Bottom Line: Increase Your Retirement Investments Value
Strategies to increase your Roth 401(k) for retirement.

Mold Builders

The Bottom Line: An R&D Tax Credit Update
This credit seems to be the most significant way a mold builder can reduce its income tax liabilities.

The Bottom Line: New IRS Audit Strategy
This strategy focuses on 13 issues that the agency believes will generate the most tax revenue. Here are the three most relevant ones to mold builders.

Stake Your Claim with R&D Tax Credits
It’s tax time. Are you getting all you can from the R&D Tax Credit for your business?

ASC 606

The Bottom Line: Changes to Revenue Recognition Requirements
Once effective, the ASC 606 standard will replace about 180 pieces of industry and transaction-specific rules under U.S. Generally Accepted Accounting Principles.

The Bottom Line: Hiring Tax Incentives
The Work Opportunity Tax Credit (WOTC) is a voluntary employment tax incentive program sponsored by the federal government since 1978.

The Bottom Line: Correcting Errors on Income Tax Returns
Any company can make mistakes when filling out a tax return, but sometimes those mistakes can work in your favor.

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