March 2022
Featured Article From Our Experts
Don’t Miss Out on the Employee Retention Credit For 2020 and 2021
With the beginning of the new year, most companies are trying to put the pandemic-filled 2020 and 2021 in the past and are planning for 2022 and beyond. However, every company should look back at the employee retention credit (ERC) for 2020 and 2021 to determine if they qualify, as it can provide qualifying taxpayers with significant refundable payroll tax credits. In this article, I will review the details of the ERC and who qualifies.
How Automation Can Help Your Labor Shortage
The COVID-19 pandemic created a whirlwind of unforeseen repercussions for manufacturers, bringing uncertainty and a global labor shortage. Investing in automated equipment is a smart alternative to relying heavily on workers. This article looks at how automation can reduce a company’s human resources headaches, decrease costs and provide optimal solutions for your workforce woes.
Reporting And Managing Inventory
An improperly or inadequately managed inventory system can drag down a company’s revenues. For this reason, it’s a good idea to regularly review inventory accounting and management to ensure the best results. This article describes the two primary inventory accounting methods for both tax accounting and financial accounting.
Take Your Financial Statements to the Next Level
Spring is the time of year that calendar year-end businesses issue financial statements and prepare tax returns. This year, take your financial data beyond compliance. In this article, we will discuss how to use your financial statements to improve your company’s performance. 
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About Dannible & McKee, LLP

Dannible & McKee, LLP has been providing audit, tax, accounting and financial management consulting services to clients nationwide since 1978. The hallmark of our firm is our technical expertise, depth of experience and our approach to delivering quality service to our clients. We understand the unique needs of manufacturers, and our team of manufacturing specialists are well-versed and experienced in manufacturing concerns, and able to address your needs. We are involved in many organizations that serve manufacturers including the Manufacturers Association of Central New York (MACNY) and the Central New York Technology Development Organization (CNY TDO). We are also Upstate New York’s first-ever affiliate of GGI, the prestigious international organization of professional firms.

To learn more about Dannible & McKee, visit us at: www.dmcpas.com