It’s Not Too Late! Last Minute Tax Savings for Manufacturers
Originally published on February 12, 2020
Updated on November 1st, 2023
The celebrations to welcome 2020 may have passed, but that doesn’t mean that your 2019 tax year is set in stone. Believe it or not, there are still some moves that you can make to get more from your business tax return!
To find out more, check out our webinar from January 29th, when James Moore partner Mike Sibley and tax manager Carrie Boynton discussed several key areas of manufacturing where additional tax savings could be hiding. Areas they covered included:
- Inventory – Is there anything that should’ve been written off at year end
- Accounting methods – Could a change in method bring you a better tax result?
- Retirement planning – Can you make HSA and/or IRA contributions?
- And much more!
All content provided in this article is for informational purposes only. Matters discussed in this article are subject to change. For up-to-date information on this subject please contact a James Moore professional. James Moore will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within these pages or any information accessed through this site.
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