by Teri M. Samples, CPA and Michael J. Devereux II, CPA, Mueller Prost After nearly a decade of issuing a long series of proposed and temporary regulations, the IRS finally has issued final regulations providing guidance to help taxpayers determine how to treat repair and maintenance expenditures related to tangible property from a tax perspective. Such property includes … [Read more...] about New Repair Regs Impact Property and Equipment Owners
2014 Fall
Creating Ready-To-Go Molds
by Gary Chastain, RJG, Inc. You are a good molder. You can make any reasonable mold produce good parts. It may take a little time to tweak them in, but you do well most of the time. However, your customers constantly are beating you up when you send any bad parts. They expect absolute quality and price concessions – at the same time! In addition to these challenges, your … [Read more...] about Creating Ready-To-Go Molds
Elements of a Successful Training Program
by Melissa DeDonder, Plastics Business Training and continuing education programs play a critical role in the quest for success – not only for the benefit of day-to-day operations, but also in meeting future needs – to ease or fill the gaps when a skilled employee leaves. Despite its importance, many companies struggle to fully commit to the training and continuing … [Read more...] about Elements of a Successful Training Program
Patent Infringement
by Jen Clark, Plastics Business The case of an American patent, copyright and trademark theft by a Chinese company is drawing scrutiny from the US Department of Homeland Security and other authorities. The patent, copyright and trademark in question are held by Beaumont Technologies, Inc., Erie, PA. John Beaumont, president and CEO, said a company in China lifted sales … [Read more...] about Patent Infringement