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Manufacturing

Taking your manufacturing operation to the next level calls for another level of objectivity and insight. LB Carlson brings that and more as your strategic partner, helping you focus on innovation and growing your business. We are there at the management meetings, assisting you in important daily decisions that improve operations and profits. We’ll help you assess personnel and management issues that impact your bottom line, and review sales, marketing and bidding procedures. In fact, half of our work with manufacturers involves custom business consulting. We work behind the scenes so you can get your product in front of the right people at the right time.

Our nationwide client base includes:

  • Metal and plastic molding manufacturers
  • Precision machine component manufacturers
  • Medical device manufacturers
  • Sheet metal fabricators
  • Metal grinding shops
  • Printers
  • Job shop

Related Posts

Tips and Considerations for Small Businesses Applying for an SBA Disaster Loan

Small businesses are now eligible for up to $2 million in Economic Injury Disaster Loans from the Small Business Administration (SBA). President Trump has called for an additional $50 billion in funding to the SBA’s lending program from Congress. While the $50 billion is not yet approved, the SBA can issue an Economic Injury Disaster Loan declaration, thanks to the Coronavirus Preparedness and Response Supplemental Appropriations Act.

Knowing what to expect before starting the loan process will help prevent unnecessary errors and rework. Completing the application process quickly and accurately will be key as there will be high demand and processing times will likely increase. We’ve put together the following summary of what business owners can expect when applying for an SBA loan.  

What You Need to Know About the Paid Sick and Family Leave Tax Credits

The Families First Coronavirus Response Act (FFCRA) signed on March 18, 2020, made unprecedented expansions to paid sick and family (childcare) leave provisions in light of the challenges for the American workforce due to COVID-19. The expansions to paid sick and family leave cover employers with up to 500 employees, and tax credits are available for up to 100% of qualifying wages paid. Eligible employers are granted a grace period by the DOL to come into compliance with the Act as long as employers act reasonably and in good faith during the grace period.

Financial Relief for Families Tax Credit – What to Expect with Your Check

The distribution of economic impact payments is expected to begin in the next three weeks and be available throughout the rest of 2020. With so much news circulating, it can be difficult to keep tabs on the latest updates. We also recognize it can be challenging to separate the legitimate updates from speculation. Below we have put together a summary of what we know so far about the economic impact payments.

CARES Act Overview: The Impact on Taxpayers and Businesses

The President signed the latest COVID-19 relief bill on March 27: The Coronavirus Aid, Relief, and Economic Security (CARES) Act. The bill brings with it several elements of relief for businesses, employees and families, in an effort to maintain livelihoods throughout the crisis and after. The expected cost of the bill is nearly $2 trillion and includes nearly $500 billion for in economic distress relief for businesses, states and municipalities.

IRS’ Employer COVID-19-Related Credits

The IRS has announced that employers required to provide emergency paid sick leave and emergency paid family and medical leave under the Families First Coronavirus Response Act (the Act) can begin taking advantage of two new refundable payroll tax credits. Equivalent credits are available to self-employed individuals based on similar circumstances.