September 2025

Robert C. Reeves

CPA, CFE

Audit Partner 

Featured Article From Our Experts

Tariffs and Their Impact on Inventory Accounting 

Struggling with increased tariff costs has become an unfortunate reality for many businesses. Many business leaders are wondering how these tariff increases may affect their financial well-being. In this article, I will explain how rising tariffs impact inventory accounting and financial reporting. I will also help you discover strategies you can use to manage costs, plan ahead and stay compliant in a high-tariff environment. 

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Potential Tax Benefits for Manufacturers Under OBBBA 

The One Big Beautiful Bill Act introduces several tax-saving opportunities for manufacturers, from enhanced research and production property deductions to increased credits for advanced manufacturing investments. This article explains what these changes mean for your business and how you can strategically plan to optimize deductions, improve cash flow and fuel growth. 

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New Tax Law Creates an Additional Accelerated Depreciation Opportunity for Eligible Manufacturers

If your manufacturing company invests in qualified production property, you may be able to take advantage of a new, but temporary, tax break under the One Big Beautiful Bill Act. This article explains eligibility, key requirements, and how the QPP allowance can provide 100% first-year bonus depreciation, helping manufacturers optimize tax planning and cash flow. 

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Seven Ways To Protect Your Manufacturing Company From Attacks

Ransomware is one of the most disruptive cyber threats facing manufacturers. Such an attack can lock critical systems or halt production lines, causing financial losses, damage to customer relationships and even long-term reputational harm. This article outlines seven proactive steps manufacturers can take to strengthen cybersecurity, protect operations and minimize the impact of an attack. 

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Register Now for Our Free Webinar

Don’t let tax or financial red flags derail your business. This must-attend webinar for manufacturers will help you identify common pitfalls in tax filings and financial statements, and show you how to address them to enhance decision-making and safeguard your bottom line. Register today to stay one step ahead!

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About Dannible & McKee, LLP

Dannible & McKee, LLP is a leading CPA firm that has been providing audit, tax, accounting and financial management consulting services to clients nationwide since 1978. Known for our technical expertise and deep industry experience, we are committed to delivering high-quality service tailored to our clients' needs. Our team of manufacturing specialists understands the complexities of the industry and has extensive experience addressing key financial and operational challenges. We actively support the manufacturing community through our involvement with organizations such as the Manufacturers Association of Central New York (MACNY) and the Central New York Technology Development Organization (CNY TDO). As Upstate New York’s first-ever affiliate of GGI Global Alliance (GGI), we also provide clients with access to a prestigious international network of professional firms.

Learn more about Dannible & McKee at: www.dmcpas.com.

Proud to be ranked #1 CPA firm in the CNY Business Journal’s Book of Lists!