Spring 2018 issue of Horizons

If your business qualifies, you are eligible for the following:

∙ Manufacturers and resellers of real and personal property may change their accounting method to no longer capitalize costs in inventory for tax purposes under the uniform capitalization (UNICAP) rules

∙ C corporation and partnerships with a corporate partner may convert to the cash basis method of accounting ∙ Manufacturers, distributors and other taxpayers with inventories may convert to the cash basis method of accounting

∙ Businesses are not subject to the business interest deduction described above

MANUFACTURING & DISTRIBUTION SERVICES GROUP

RubinBrown’s Manufacturing & Distribution Services Group is nationally recognized for superior assurance, tax and consulting expertise coupled with solid international business knowledge, exceptional inventory management and process improvement services. For more information, visit www.RubinBrown.com/M-and-D

Jim Mather, CPA, CGMA Partner-In-Charge Manufacturing & Distribution Services Group 314.290.3470 jim.mather@rubinbrown.com

Kaleb Lilly, CPA Partner & Vice Chair Manufacturing & Distribution Services Group 816.859.7917 kaleb.lilly@rubinbrown.com

Rick Feldt, CPA, CGMA Partner & Vice Chair Manufacturing & Distribution Services Group 314.290.3220 rick.feldt@rubinbrown.com

Henry Rzonca, CPA Partner & Vice Chair Manufacturing & Distribution Services Group 314.290.3350 henry.rzonca@rubinbrown.com

Mike Lewis, CPA Partner & Vice Chair Manufacturing & Distribution Services Group 314.290.3391 mike.lewis@rubinbrown.com

Russ White, CPA Partner & Vice Chair Manufacturing & Distribution Services Group 303.952.1247 russ.white@rubinbrown.com

Spring 2018

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