Tax Tips - Manufacturing

Notice: Historical Content

This is an archival or historical document and may not reflect current law, policies or procedures.

Fringe Benefits - Manufacturing Tax Tips
What is a fringe benefit and how does it affect my taxes?

Inventory - Manufacturing Tax Tips
How do I value my inventory?

Excise Taxes - Manufacturing Tax Tips
Manufacturing Companies may be liable for Federal excise taxes or due a credit or refund.

Environmental Cleanup Costs
This deduction provides businesses with an incentive to clean up certain sites that are contaminated with hazardous substances. Refer to the section on Environmental Cleanup Costs in Publication 535, Business Expenses.

Research and Development - Manufacturing Tax Tips
Can you deduct R&D expenditures as a current business expense?