Rethinking Manufacturing: From Cash Flow Pain to Tax Opportunity

Welcome to Let’s Talk Tax. In this episode, fellow Let’s Talk Tax hosts TJ Sponsel and Justin Gephart delve into the evolving world of the manufacturing sector post-COVID-19, exploring supply chain shifts, workforce challenges, and automation. They discuss how CPAs can better support their manufacturing clients through strategies such as fixed assets, R&D tax credits, international tax, property tax, state and local incentives, and developing an advisory mindset. By focusing on proactive rather than reactive tax planning, CPAs can unlock significant value and cash flow for their clients.

Tune in for practical insights that will empower you to serve your manufacturing clients more effectively.