Machen McChesney offers several industry-specific knowledge and expertise. One of these industries is the Manufacturing, Distribution & Automotive sector. Machen McChesney has the skill set to provide guidance to help your business reduce labor and production cost, help optimize inventory management systems and controls, and the ability to ensure you are paying the correct sales and use tax rates.
Michael D. Machen, CPA, CVA
Recent Posts
Did You Know Machen McChesney Has a Manufacturing Group?.....
Posted by Michael D. Machen, CPA, CVA on Feb 28, 2017
Posted in Business Tax
The required rate of return is just one of many components used in the calculations used in corporate finance and equity valuation. It goes beyond identifying the return of the investment, and factors in risk as one of the essential considerations in determining potential return.
Posted in Business Valuation
Did You Know Machen McChesney has a Business Advisory Group? ...
Posted by Michael D. Machen, CPA, CVA on Jan 27, 2017
Machen McChesney has been providing business owners peace of mind by assisting them in a wide array of challenges that exist. We understand that running a business can present a challenging endeavor for any individual to pursue on their own. Our professionals have spent years honing expertise in a wide range of business advisory services and will look for ways to add value to your business.
Posted in Business Advisory
Top Three Tax Planning Ideas for Startup Companies
Posted by Michael D. Machen, CPA, CVA on Jan 23, 2017
Welcome to 2017. As we move through January and get ever-closer to April 15, we are fast-approaching the 2016 year-end tax season. We understand just how stressful this time can be—and particularly so for individuals who are working to grow startup companies
Posted in Business Tax
Strategic planning for the coming year
Do you know where your business budget is?
This is the traditional time to draw up a budget for the coming year. Perhaps the way you previously developed the budget for your business has not been overly successful. Or maybe you have found as the year goes along that certain key factors were ignored or not given enough weight. In that case, the way you usually put together the budget may not be the best approach for your business.
Posted in Business Advisory
Preparing for November 8: What Manufacturers Need to Know
Posted by Michael D. Machen, CPA, CVA on Nov 04, 2016
Posted in Manufacturing Industry Insights
Virtually every business owner will tell you it takes more than one person to build up and maintain a profitable business. In fact, it is likely that several “key employees” have contributed to the success of any given operation. However, while a business owner may be careful to make sure that he or she is adequately insured, the need to protect the business against the loss of key employees is often ignored or disregarded, which is a mistake.
Posted in Business Advisory
On September 22, 2016, the Internal Revenue Service and its Security Summit partners issued an alert to taxpayers and tax professionals to be on guard against fake emails purporting to contain an IRS tax bill related to the Affordable Care Act.
Posted in Tax Updates
Comparing C corporations with S corporations
If you are organizing a new business or considering a switch from one to the other for an existing business structure, you may prefer to elect S corporation status for tax purposes rather than a traditional C corporation.
Posted in Business Advisory
How to value business interests
It is often difficult to put a price tag on a company that is not publicly traded. For instance, the value of a family-owned business will typically exceed the total value of the hard assets such as equipment and inventory. In addition, assigning a value to intangible assets such as goodwill is a difficult proposition at best.
Posted in Business Valuation