In this episode of Weaver: Beyond the Numbers, host Shelby Skrhak sits down with Adam Jones, consultant for Weaver and owner of Capitol Jones, LLC. Jones and Skrhak take a detailed look at how the state of Texas is faring economically in 2019.
Manufacturers are more vulnerable to fraud than companies in other industries. The median fraud loss in the manufacturing sector was $240,000, according to the 2018 Report to the Nations published by the Association of Certified Fraud Examiners (ACFE).
Starting with tax years beginning in 2018, the Tax Cuts and Jobs Act (TCJA) will lower the ceiling for business interest deductions for manufacturers with more than $25 million in average annual gross receipts.
The Tax Cuts and Jobs Act (TCJA) — which passed late in 2017 — is long and complicated. Its effects will vary from business to business, depending on each one’s structure and the nature of its operations.