Manufacturing

Depreciation changes in tax law are coming

For the past several years taxpayers have received a gift from Congress in the form of accelerated depreciation.  In 2011 as well as part of 2010, taxpayers could write off the entire cost of fixed asset purchases through “bonus” depreciation as long as the taxpayer was the original user of these assets.  In addition, many…

Jeff Stautberg Discusses our Manufacturing Team

Cassady Schiller is dedicated to providing support, advice, and solutions that will enable Cincinnati area manufacturers to thrive. From the very start of Cassady Schiller, we have been focused on serving this vibrant section of the local economy, and manufacturing continues to be a primary focus our our firm.

Our team is at the forefront…

Tax Act Extends Employment Tax Holiday Through 2012

On February 17, 2012, Congress passed The Middle Class Tax Relief and Job Creation Act of 2012, sending the Act to President Obama to be signed into law. Once signed, the Act will extend the employee-side payroll tax cut (from 6.2% to 4.2%) through the end of 2012. The Act will not change the tax…

President’s Budget Proposal Provides Insight

Last week President Obama introduced his fiscal year 2013 budget proposal.  While this budget is unlikely to pass in its current form, the proposals give insight into what some government officials are considering for future tax policy.

We have reviewed the President’s proposal and put together a brief summary of some key areas that could…

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Worker Classification

Worker Classification Issues are a Top Priority on Washington’s Agenda. Since independent contractor classifications result in lower federal employment taxes for businesses, a worker’s classification has always been a contested issue between the government and business sectors. This is complicated by the vague classification process of a “facts-and-circumstances test”, based upon whether or not the business…

What is Enterprise Value?

Enterprise value is the theoretical price an acquirer might pay for another firm. In essence, “step into the current owner’s shoes”.
Think of Enterprise Value as the potential takeover price. In the event of a buyout, an acquirer would take on the company’s debt, but would pocket its cash.

A simpler calculation for enterprise…

Fundamentals for Increasing the Value of Your Business

How is it possible that a web based technology company with no profit be worth millions more than a stable service or manufacturing business with several years of revenues and profits?  The answer to this “unfairness” can be found in the fundamentals of business valuations. All business valuations attempt to put a dollar value on…

December 27 , 2011 | Posted by Brian Stautberg |

Payroll Tax Cut Temporarily Extended

On December 23rd, President Obama signed The Temporary Payroll Tax Cut Continuation Act (the “Act”) of 2011 into law. The Act extends the current reduction of the Social Security withholding rate from 6.2% to 4.2% through February 29th, 2012.

High wage earners (those who receive more than $18,350 in wages during the two-month period) will…