Thought Leadership

When it comes to thought leadership and staying informed, we’ve got you covered. See below for recent articles, webinars, and downloadable resources available.

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Good News for the Craft Beverage Industry

Good News for the Craft Beverage Industry

A recently proposed bill could make the Craft Beverage Modernization and Tax Reform Act of 2017 permanent. Senators Roy Blunt (R-Mo.) and Ron Wyden (D-Ore.) had good news for the craft beverage industry on Wednesday, February 6, 2019. The Senators announced a bipartisan bill, which if passed, would amend the Internal Revenue Code to make permanent […]

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The New Interest Expense Limitation & Manufacturers

The New Interest Expense Limitation & Manufacturers

When the Tax Cuts and Jobs Act (“TCJA”) was passed in late 2017, there was a lot for manufacturers to be excited about. The return of bonus depreciation, a lowering of the corporate tax rate, and the enactment of the 20% deduction for qualified business income all have the potential to drastically lower income taxes […]

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Is now the time to sell? Consider the 4 P's of a successful transition process

Is now the time to sell?

Consider the 4 P’s of a Successful Transition Process There’s a well-known saying, “A rising tide lifts all boats,” suggesting as improvements in the general economy occur so will the fortunes of those who – both directly and indirectly – participate in said economy. On September 20, 2018, the S&P 500 and the Dow Jones […]

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Save Money While Making Vendor Payments

Save Money While Making Vendor Payments

Many manufacturing companies pay vendors with ACH payments. This process often involves entering the vendor bill and payment information in the accounting software package and then entering the payment at the bank. Finally, the vendors are notified which bills were paid and the amount of the payment. If there is a considerable volume of these […]

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Blockchain Applications in Manufacturing

Blockchain Applications In Manufacturing

The most common use of blockchain today is for the variety of crypto-currencies in circulation around the world, including Bitcoin. However, several industries have begun to look at how blockchain technology can be used to transform their business processes and transaction processing. The Wall Street Journal/CIO Journal reported in a January 30, 2017 article that […]

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How to improve data analytics and audit quality

How To Improve Data Analytics And Audit Quality

Big Data and improving data analytics has been a noteworthy topic for businesses across many industries, but what does it mean and how does it apply to your audit? Data analytics is defined as the process of examining data sets in order to draw conclusions about the information they contain. Internally, data analytics are being […]

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Take Advantage of TCJA Updates That Benefit Manufacturers

Take Advantage Of TCJA Updates That Benefit Manufacturers

The Tax Cuts and Jobs Act (TCJA), which was signed into law in December 2017, contained numerous changes to cost recovery methods for capitalized assets. These changes provide manufacturers with an unprecedented ability to accelerate depreciation and lower income tax liabilities. One of the most widely discussed provisions of the TJCA was the extension and […]

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Deferred income taxes and the tax cuts and jobs act

Deferred Income Taxes And The Tax Cuts And Jobs Act

The Tax Cuts and Jobs Act (TCJA) is hot off the presses and contains many provisions which will impact taxpayers in 2018. In addition, the change in corporate tax rates could also impact many regular (or “C”) corporations immediately. Regular corporations recognize deferred tax assets and liabilities related to temporary differences between book and tax […]

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Future Blockchain Technology Uses in Manufacturing

Future Blockchain Technology Uses In Manufacturing

Bitcoin. Bitcoin. Bitcoin. It seems like everyone today, from the media to your neighbor, is talking about this trendy crypto-currency. However, we believe the most amazing part about Bitcoin is hardly the currency itself; it is the blockchain technology behind it and its business use. What is blockchain technology? Blockchain is a shared ledger of […]

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The new revenue recognition guidance: key points to consider

The New Revenue Recognition Guidance: Key Points For Manufacturers

Update published on June 5, 2020: FASB issued Accounting Standards Update (ASU) 2020-05, Revenue from Contracts with Customers (ASC 606) and Leases (ASC 842) Effective Dates for Certain Entities, as part of its efforts to support and assist stakeholders as they cope with the many challenges and hardships related to the COVID-19 pandemic. Over three years have […]

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Are you taking full advantage of Ohio Manufacturing Sales Tax Exemptions?

Are You Taking Full Advantage Of Ohio Manufacturing Sales Tax Exemptions

Most manufacturers know they are allowed to purchase tangible property for use in the manufacturing process free from Ohio sales and use tax, but are you taking full advantage of all of your Ohio sales tax exemption benefits? And what does for use in the manufacturing process really mean? For use in the manufacturing process […]

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Group Captive Insurance

In an environment of rising insurance costs, are you left to wondering why there doesn’t seem to be a direct correlation between your claims history and the premiums you pay? It’s not uncommon for businesses with little to no claims history to see double-digit increases in their insurance premiums year over year. In order to […]

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States are aggressively pursuing sales tax: are you ready?

States Are Aggressively Pursuing Sales Tax: Are You Ready?

In 1992, the U.S. Supreme Court case of Quill vs. North Dakota established the precedent that a state could not require a company to collect and remit sales tax without a physical presence within that state. However, internet and other remote sales that were in their infancy in 1992 have grown into a $400 Billion […]

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3 types of sales tax exemptions you need to know about

3 Types Of Sales Tax Exemptions You Need To Know About In KY

Kentucky sales tax applies to retail sales of tangible personal property, as well as the provision of specified services. However, as is the case with most things in the tax world, there are exceptions to the general rule. Taking advantage of these exceptions can save a company considerable amounts of money. Supplies, Tools, and Materials […]

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Cut Operational Costs and Improve Customer Service at the Same Time

In a recent survey, manufacturers indicated that cutting operational costs and improving customer service are two top priorities for 2017. Here are a few recommendations of how you can accomplish both of these goals at the same time: Customer Self Service You can add a portal – or business to business (B2B) – website that allows your customers […]

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Webinars

Webinar_ Trade Chat_ 2021 Supply Chain Outlook

Webinar: Trade Chat: 2021 Supply Chain Outlook

Join the World Trade Center Kentucky and Blue & Co. on Tuesday, January 26 from 10 to 11 a.m. Eastern for Trade Chat: 2021 Supply Chain Outlook. This webinar will be a panel discussion led by moderator Patrick Brown, CPA, Principal, Blue & Co., regarding the outlook for domestic and global supply chains in 2021. The panelists […]

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2020 Tax Outlook for Distilleries Under the Biden Administration

Tax Outlook for Distilleries Under the Biden Administration

By Derek Gray, CPA Director With a change of administration taking place in January, many Americans are wondering what this might mean for future tax bills. While keeping in mind the complexities of making campaign promises into law, it is imperative to begin preparing for any implications a new administration may have on your tax […]

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Blue & Co.'s December 2020 Webinars | Free webinars | Financial services and consulting | PPP | Paycheck Protection Program Webinar | Manufacturing Webinars | Cybersecurity Webinars

Blue & Co. December 2020 Webinars

It’s webinar season at Blue & Co., LLC.! Check out all of our upcoming events for the week of December, 14. Monday, December 14 Panel Discussion Regarding Paycheck Protection Program (PPP) Webinar – Free to attend On Monday, December 14 from noon – 1 p.m. EST, Blue & Co., LLC will be hosting a panel […]

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Importance of Data in Industry 4.0 | Manufacturing | Industry 4.0

On-Demand Webinar: Importance of Data in Industry 4.0

Join Us! On Tuesday, December 15, Tom Skoog, Cybersecurity & Data Management Practice Leader, and Stephen Stringer, CPA, led a discussion on Industry 4.0 and how manufacturers can best collect, manage, and protect data. They discussed: Technological innovations in manufacturing and Industry 4.0 Why data is so important to manufacturers of all sizes and how […]

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