March 2023
Featured Article From Our Experts
Recent Changes to Research and Development Expenditures May Affect Your Manufacturing Company 
Changes recently made to research and experimental expenditures may affect your manufacturing company. As with many tax laws, understanding the complexities of the law can be troublesome. In this article, I will provide further detail on the various changes and offer suggestions for potential tax-saving opportunities for your manufacturing business.
Seven Tax-Saving Opportunities for Manufacturers in 2023
After your manufacturing company’s 2022 tax return has been filed, you can focus your efforts on reducing its 2023 tax liability. But what are the top tax-saving opportunities available to manufacturers this year? In this article, we will review seven of the most significant tax strategies that manufacturing companies should consider.
Hit the Books! A Fixed Asset or Cost Segregation Study Could Boost Manufacturers’ Cash Flow
If you’re looking for opportunities to improve your company’s cash flow, you may want to consider a fixed asset or a cost segregation study. This article explains both studies and how they can help your manufacturing business maximize tax benefits to recover fixed asset costs as quickly as possible.

Tips for Foiling Fake Suppliers in Online Marketplaces 
Not only do supply chain problems make it difficult for companies to recover from the pandemic slowdown, but they also encourage some fraud schemes. Criminals might use online marketplaces to advertise hard-to-get goods, then ship defective, or no products, to unsuspecting buyers. In this article, we offer six tips to help businesses avoid losses from criminals posing as legitimate sellers.
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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 Global Alliance (GGI), the prestigious international organization of professional firms.
 
OFFICE LOCATIONS:
DM Financial Plaza, 221 South Warren Street, Syracuse, NY 13202
213 North Street #1, Auburn, NY 13021
220 Harborside Drive, Suite 201, Schenectady, NY 12305
220 Stage Road, Vestal, NY 13850
 
To learn more about Dannible & McKee, visit us at: www.dmcpas.com.