Forward Thinking
Search Again
Your search for “” AND “Manufacturing and Distribution” Industry
All (539) Blogs (103) Newsletters (37) Seminars & Events (3) Press Releases (96) Client Alerts (184) Media Mentions (21) Firm News (95)
Blogs
03.12.24
Work Opportunity Tax Credit: When Hiring Skilled Labor Is a Win-Win for Employers and Employees
Like many businesses today, manufacturers are in need of skilled workers. The Work Opportunity Tax Credit (WOTC) can provide some tax relief when you hire employees from “targeted” disadvantaged groups. Calculating the credit The amount of the credit depends on the relevant targeted group and wages paid to the new hire. For example, hiring qualified […]
12.12.23
Eight Strategies For Boosting Your Production Capacity
Even with continued economic uncertainty, throughout most of this year the manufacturing industry has flourished, and many manufacturers are straining to keep up with demand. At the same time, the pandemic reminded us how uncertain the economy can be, with many companies hesitant to invest in expanding their operations. Related Read: Six Tips for Dealing […]
11.21.23
Using Reverse Sales and Use Tax Audits to Reveal Refund Opportunities
Tracking various state sales tax laws, changes and credits can be complex and lead to missed opportunities. While most states offer sales and use tax exemptions for certain purchases by manufacturers, the messaging, processes and specifics will vary from state to state. It is easy for Manufacturers to overlook exemptions to which they’re entitled, resulting […]
Newsletters
02.28.24
Manufacturing and Distribution Group Newsletter – Winter 2024
ORBA's Manufacturing and Distribution Group's Winter Newsletter advises those considering selling their business on how to properly evaluate it and offers tips on how a business-owner can prepare for times of crisis.
12.26.23
Manufacturing and Distribution Group Newsletter – Fall 2023
ORBA's Manufacturing and Distribution Group's Newsletter advises those considering purchasing a business on what to look for and how to stabilize a business in distress.
09.11.23
Manufacturing and Distribution Group Newsletter – Summer 2023
ORBA's Manufacturing and Distribution Group's Summer Newsletter discusses how SECURE 2.0 makes it easier for employees to save for retirement and advises manufacturers on the benefits of using segmented income statements.
Seminars & Events
05.18.22
The Financial Reporting Framework for Small- and Medium-Sized Entities: The GAAP Alternative for the Back Bone of America
As a banking professional, you’ve undoubtedly noticed that accounting principles generally accepted in the United States of America (US GAAP) has become increasingly complex in recent years, especially for the middle market companies who comprise the back bone of the US economy. With limited resources available to devote to the accounting function, software that does […]
06.03.20
What You Need to Know About Paycheck Protection Program Loan Forgiveness
Join ORBA’s Frank L. Washelesky on Friday, May 29, for a complimentary webinar that will provide clarity on the PPP Loan Forgiveness rules.
05.07.19
The Impact of the New Tax Law on Manufacturers and Distributors
Managing and operating a manufacturing and distribution business in the wake of the Tax Cuts and Jobs Act (TCJA) can feel like an overwhelming task. However, there are provisions under the new tax law that present both opportunities and challenges to the industry. Join ORBA for this free breakfast seminar as Joel Herman, Tom Vance, […]
Press Releases
03.15.24
ORBA Named to Accounting Today’s 2024 “Beyond the Top 100: Firms to Watch”
ORBA, one of Chicago’s largest public accounting firms, has been named as one of Accounting Today’s “Beyond the Top 100: Firms to Watch” for 2024. The firm is also ranked among the top 20 firms in the Great Lakes Region.
12.14.23
ORBA Welcomes Michelle Haines as an Audit and Assurance Director
ORBA, one of Chicago’s largest public accounting firms, is pleased to announce that Michelle Haines, CPA, has joined the firm as a Director in its Accounting and Assurance Group
12.14.23
ORBA Welcomes New Hires to Audit and Tax Groups
ORBA, one of Chicago’s largest public accounting firms, is pleased to welcome Ahmed Awwad, Cindy Montalvo and Vicki McLennan to the firm’s Audit and Tax Groups.
Client Alerts
03.05.24
Proposed Donor-Advised Fund Regulations Could Affect Your Financial Advisor’s Suggestions
Donor-advised funds (DAFs) have become a very popular vehicle for donors interested in securing significant tax benefits, but a proposed IRS regulation may deter financial advisors from recommending DAFs to their clients.
02.29.24
Independent Contractor vs. Employee Status: The DOL Issues New Final Rule
The test used by the U.S. Department of Labor (the “DOL”) for determining whether a worker should be classified as an independent contractor or an employee for purposes of the federal Fair Labor Standards Act (FLSA) has been revised several times over the past decade. Now, the DOL is implementing a new final rule to replace the employer-friendly test that was developed in 2021 (the “2021 Independent Contractor Rule”). The new, more employee-friendly rule takes effect March 11, 2024.
02.01.24
The IRS Unveils Employee Retention Tax Credit (ERC) Relief Program For Employers
Since July 2023, the IRS has taken a series of actions in response to what it has termed a “flood of ineligible claims” for the Employee Retention Tax Credit (ERC). Most recently, it launched a Voluntary Disclosure Program (VDP). The program presents a valuable, but temporary, opportunity for eligible employers.
Media Mentions
04.08.19
Various Media – ORBA Appoints Chief Financial Officer
ORBA is mentioned in the media for announcing the appointment of Cara Sample, CPA, as Chief Financial Officer of the firm. Reporting media include Yahoo! Finance, Spoke, The Daily Herald, NewsBlaze, Star Tribune and ABC 7. View the official press release.
04.04.19
Various Media – ORBA Ranked Among 2019 ‘Top Firms to Watch’ by Accounting Today
ORBA is mentioned in the media for being ranked among the “Beyond the Top 100: Firms to Watch” list for 2019, as well being listed among the top 20 firms in the Great Lakes Region.
01.10.19
Various Media – ORBA Launches ORBA Wealth Advisors
ORBA was mentioned in the media for its announcement of the launch of ORBA Wealth Advisors, LLC. Reporting media include Wealth Adviser, Verdict, Yahoo! Finance, the Daily Herald and Merril Edge. View the official press release.
Firm News
03.15.24
ORBA Named to Accounting Today’s 2024 “Beyond the Top 100: Firms to Watch”
ORBA, one of Chicago’s largest public accounting firms, has been named as one of Accounting Today’s “Beyond the Top 100: Firms to Watch” for 2024. The firm is also ranked among the top 20 firms in the Great Lakes Region.
12.14.23
ORBA Welcomes Michelle Haines as an Audit and Assurance Director
ORBA, one of Chicago’s largest public accounting firms, is pleased to announce that Michelle Haines, CPA, has joined the firm as a Director in its Accounting and Assurance Group
12.14.23
ORBA Welcomes New Hires to Audit and Tax Groups
ORBA, one of Chicago’s largest public accounting firms, is pleased to welcome Ahmed Awwad, Cindy Montalvo and Vicki McLennan to the firm’s Audit and Tax Groups.