Shows
Buy the NumbersDon't Just File the Return — How Smart Tax Planning Pays Off Over TimeToo many manufacturers treat taxes as a once-a-year compliance exercise. You gather the documents, sign the return, write the check, and move on. But the reality is that tax planning is one of the most powerful strategic tools available to business owners, especially in capital-intensive industries like manufacturing. In this episode of Buy the Numbers, I'm joined by Dylan Valentyn and Julie Helms from CliftonLarsonAllen to walk through what manufacturers should actually be thinking about as they prepare their 2025 returns and look ahead to 2026. This conversation builds on recent tax law changes and focuses less on loopholes...
2026-02-1245 minBuy the NumbersDiving into R&D Credits, Entity Selection, and the Work Opportunity Credit, Ep #11What if you could save thousands on your taxes with a few strategic changes to your business? In this episode, Nick Romanelli and Dylan Valentyn from Clifton Larson Allen share key tax strategies that many manufacturers overlook. We dive into the R&D tax credit, showing how manufacturers—whether small job shops or larger factories—can qualify by innovating in ways they may not have considered, such as improving products, developing new processes, or creating prototypes. By documenting these activities and tracking time and materials, manufacturers can unlock valuable credits that could significantly boost their bottom line.
2025-02-2031 minBuy the NumbersUnlocking Tax Savings: Essential Strategies You Can Implement Immediately, Ep #10What can you do to impact your tax liability for 2024? With tax season right around the corner, manufacturers are faced with the crucial task of optimizing their tax strategies to both reduce liabilities and unlock future growth potential. In part one of a two-part series, I sat down with tax experts Dylan Valentyn and Nick Romanelli from CliftonLarsonAllen (CLA) to explore the critical tax-saving opportunities that could significantly improve cash flow and business sustainability—for 2024 and beyond. We kick off with a discussion on tax planning, particularly focusing on strategies for deferring taxes an...
2025-02-1332 min