This edition of our newsletter shines some light on what the upcoming election could mean for your future tax bill. We also dig into changes to a prominent cybersecurity framework and share some practical Power BI applications for manufacturers.
Tax Planning
Bracing for Change: How the Election Could Reshape American Tax Landscape
As the 2024 election approaches, significant changes to American tax laws may be on the horizon. Many provisions of the 2018 Tax Cuts and Jobs Act (TCJA), including corporate and individual tax cuts, are set to expire by the end of 2025. The future of these tax regulations depends on election outcomes and the balance of power in Congress. Understanding potential shifts is crucial for individuals and businesses. Read the article for specific changes that could impact your 2026 tax bill.
Understanding the Impact of NIST CSF 2.0: Key Updates and Their Significance
The National Institute of Standards and Technology (NIST) recently updated its Cybersecurity Framework to version 2.0, and it's something business owners should pay attention to. With new features focused on cybersecurity governance, supply chain risk management, and continuous improvement, this framework helps businesses proactively manage cyber risks. Whether you're already using the framework or considering it, these updates can guide you in strengthening your cybersecurity while supporting your business goals. This article digs into the key updates and what they mean for your business.
Using Your Manufacturing and Financial Data to Increase Profits: Visualizing Gross Profit
If you're in manufacturing and wondering how to leverage your data for better profits, this article breaks it down. Using tools like Microsoft Power BI, you can visualize gross profit on jobs, orders, or products, and see patterns that drive smart decision-making. From identifying high-profit customers to optimizing quoting and operations, these visualizations help business owners increase profitability. Learn more about how to turn your data into actionable insights.