Moore on Manufacturing: Tax Law Updates and Planning for Year End

Play Video

On this episode of Moore on Manufacturing we’re joined by John VanDuzer, partner with James Moore and leader of our tax service lines. Together we discuss tax planning opportunities and reminders for year end. John will also give us an update on where things stand with potential tax law changes.

00:10 – Welcome & Introductions
1:20 – Approaching Year End and Taxes
2:06 – Special Tax Benefits or Credits
2:30 – Employee Retention Credit
3:00 – Qualified Business Income
4:27 – R&D Example
5:30 – Things to Think About
8:46 – Industrial Bonus Depreciations
10:01 – Year 0End Taxable Inventory
12:23 – Get Rid of Equipment Not Being Used
13:18 – Cash Basis Provisions
16:20 – The Latest Perspective on The Biden Tax Plan
25:25 – Wrap-Up

Sign up to receive Moore in Manufacturing notifications when new episodes are released.

Learn more about the James Moore Manufacturing Team.

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.