Manufacturers who rely on tax breaks such as Sec. 179 expensing and first-year bonus depreciation to save taxes on equipment and tangible property purchases should take note of the recent developments in tax legislation. For 2024, bonus depreciation has dropped, but the Sec. 179 expensing limit has increased. Meanwhile, the U.S. House of Representatives' passing of the Tax Relief for American Families and Workers Act on January 31 has introduced further potential changes to these tax incentives. The uncertainty of this tax law adds complexity to planning for asset purchases in the current year. Here’s what manufacturers need to know.

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Everything from Inflation to labor shortages have presented significant challenges for manufacturers in recent years, leading to a widespread trend of increasing prices. However, simply raising prices without considering market-based factors may not be sufficient. This article outlines pricing strategies and explore the importance of adopting the right approach in today's turbulent market environment. 

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Six Sigma is a powerful tool for enhancing business performance, boosting customer satisfaction, and increasing profits substantially. By implementing Six Sigma methodologies, businesses can streamline their processes, eliminate defects, and achieve higher levels of efficiency and quality control. In this article, learn how Six Sigma could improve processes throughout your manufacturing operations. 

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