If you’ve recently come across the Corporate Activity Tax (CAT) on your invoice, you may be wondering what it is and why it’s there. Well, fear not– we’re here to help clarify that. What is the Corporate Activity Tax (CAT)? The Corporate Activity Tax, commonly known as CAT, is a tax levied on business activities […]
What is the Corporate Activity Tax (CAT) And Why Is It On My Invoice? Read More »
In today’s fast-paced business environment, efficient financial management is essential and QuickBooks Online (QBO) offers streamlined accounting processes. However, transitioning to QBO requires precision and expertise to avoid costly consequences. At Anthem, we want to emphasize the importance of consulting with a professional to ensure a seamless conversion or have them handle it for you.
As a small business owner, staying on top of your tax obligations is crucial. Knowing how to make a payment to the IRS (Internal Revenue Service) or the ODR (Oregon Department of Revenue) efficiently can save you time and stress. Here’s a quick guide to help you navigate the process. Making a Payment to the
How Do I Make a Payment to the IRS or ODR? Read More »
Why does BOI Reporting Matter? This new requirement is both significant and broadly applicable to our clients with substantial penalties for non-compliance. We estimate that in our firm’s client base, there are likely between 1000-1500 BOI reporting requirements alone. While the reporting itself is not complex, the specific guideline around this new process is nuanced.
The COVID-19 pandemic exposed the fissures in global supply chains, with recent disruptions proving costly, complex and chronic. Manufacturers will likely continue to face headwinds in 2022, a cause for concern following a turbulent year. Constraints on transportation and capacity, supply shortages, rising costs and frustrated customers threaten to impede recovery and growth. Many supply
THREE KEY SUPPLY CHAIN MANAGEMENT QUESTIONS FOR 2022 Read More »
Hiring has been an issue for manufacturers in the U.S. for years now. When Deloitte last looked at the issue in 2018, low unemployment was underscored as being part of the problem. But a new report on hiring in manufacturing found the issue persisted in 2020, a time of high unemployment during the pandemic. “Fast
Manufacturing, competing with distribution, struggles to attract labor Read More »
Manufacturing Global takes a look at the latest manufacturing market trends in CPG, predictive maintenance, Big Data security, AI and industrial robotics Consumer-Packaged Goods (CPG) Market As consumer-packaged goods (CPG) manufacturers strive to anticipate customer demand and optimise their processes, the latest forecasts from ABI Research indicates that overall digital factory revenue will reach US$24bn by 2030,
Factories of the Future: Five Manufacturing Market Trends Read More »
Oregon offers globally competitive incentives to encourage business expansion. Property Tax Abatement Enterprise Zones—In exchange for investing and hiring in an enterprise zone, businesses receive exemption from local property taxes on new plant and equipment for at least three years (but up to five years) in the standard program. In addition, many zones can offer
Oregon’s Incentives Read More »
A consumption tax is a tax on the purchase of a good or service. Consumption taxes can take the form of sales taxes, tariffs, excise, and other taxes on consumed goods and services. A consumption tax can also refer to a taxing system as a whole in which people are taxed based on how much
What is a Consumption Tax? Read More »
State sales tax bases have two key areas in need of improvement: in some ways, they are too narrow, and in other ways, they are too broad. State sales tax bases have narrowed over time as new exemptions have been created, such as exemptions for groceries and prescription drugs. Another factor contributing to the shrinking of
Does Your State Tax Manufacturing Machinery? Read More »
