December 2021
Featured Article From Our Experts
Manufacturers: If You Think 2021 Was Difficult, Just Wait for 2022
There is no denying that this past year was one of constant changes and obstacles. The New Year does not look to be a return to normality; in fact, it is appearing to be even worse in several key areas. In this article, we will gaze into our crystal ball and see what the soothsayers are predicting for us.
Should Manufacturers Buy or Lease Equipment?
Manufacturing is an asset-intensive business, so deciding whether to buy or lease equipment or machinery is critical. This article reviews the advantages of each option and some of the factors you should consider as you make this decision. 
Diversity in Manufacturing Offers Many Benefits
As the U.S. population becomes more diverse, many manufacturers are adapting their workforces to reflect that diversity. And while diversity for its own sake is a laudable goal, a diverse workforce can also pay off in the form of improved business performance. This article reviews the benefits of a diverse workforce and some best practices companies can implement.

Get Your Piece of the Depreciation Pie Now With a Cost Segregation Study
If your business is depreciating over a 30-year period the entire cost of constructing the building that houses your operation, you should consider a cost segregation study. It might allow you to accelerate depreciation deductions on certain items, which can reduce taxes and boost cash flow. This article reviews the rules on depreciating property and how, under the right circumstances, a cost segregation study can yield substantial tax benefits.
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 Technology Development Organization. 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