by Michael D. Benson and David M. Evatz, SRR Given the turbulent economic conditions over the last few years and the effect on the plastics industry, many processors are just glad to have survived. As conditions begin to improve, processors are looking to move beyond the survival tactics used over the last few years and are once again considering strategic moves that have been … [Read more...] about Plastics Processor Relative Value Drivers
Financials
Pricing for Profitability: The Company with the Best Cost Accountant Wins
by John L. Daly and Craig Carrel One of the great legends of college football was Woody Hayes, coach of the Ohio State Buckeyes from 1951 to 1978. Woodys Buckeye teams were famous for their running game. Three yards and a cloud of dust was the style of most Big Ten teams in those days. Hayes is often quoted as having said, There are three things that can happen when you … [Read more...] about Pricing for Profitability: The Company with the Best Cost Accountant Wins
Substantiating Research Tax Credits in Today’s Environment
by Michael J. Devereux II and Adam J. Herman, CPA/ABV/CFF, CVA, ASA The Credit for Increasing Research Activities, also known as the Research & Experimentation (R&E) tax credit or Research & Development (R&D) tax credit, is a rewarding program of which plastics processors may take advantage to reduce their Federal (and in some cases State) income tax … [Read more...] about Substantiating Research Tax Credits in Today’s Environment
Flying Blind? Defining Cost Drivers Leads to Success
by Jeff Mengel When it comes to running your business, how do you gauge conditions? Do you stick your finger out the window - flying blind - or, like a pilot, do you rely on the instruments available to you to ensure your business maintains a consistent altitude and direction? When it comes to quoting - one of the most significant decisions businesses make - many … [Read more...] about Flying Blind? Defining Cost Drivers Leads to Success
What You Should Know about Life Settlements
by Leo LaGrotte One fairly new investment that has gained attention in recent years is the senior life settlement. What are senior life settlements? Life settlements evolved from the viatical industry in the 1990s, when people diagnosed with terminal illnesses such as AIDS, usually facing life expectancies of three years or less, sold their life insurance policies on the … [Read more...] about What You Should Know about Life Settlements