How Will the New Tax Cuts and Jobs Act Impact Your Business?
The late-2017 tax overhaul known as the Tax Cuts and Jobs Act (TCJA) is the most sweeping change to the federal tax code in at least 30 years. It calls for lowering individual and corporate tax rates, repealing many tax credits and deductions, enhancing the child tax credit, boosting business write-offs, and more. The law
Engine (Business) Building 101
Every build starts with the end in mind. What are your goals? What are you trying to achieve? Building a successful business is no different.
Understanding the Basics of Your Business – Taxes
They say nothing in life is certain except for death and taxes. In most parts of the world, taxes are part of life and certainly part of running an engine building business. In the US, large expenses associated with running an engine building business are federal, state and local taxes.
E.R.I. Group Names Scholarship Winners
The E.R.I. Group has announced this year’s winners of the Richard Miller Education Award. The award to provide financial assistance and encouragement to individuals who wish to further their education or training, has been presented to applicants from E.R.I. member companies for the past 17 years.
Why Building a Working Website Will Make Your Business Work Better
It’s no secret that many of you thrive in business due to excellent, word-of-mouth referrals. And there’s absolutely nothing wrong with that. In fact, it’s one of the best ways to build trust and a pool of steady customers. However, if you aren’t seeing people come through your door via word of mouth, or you want to increase business outside those repeat customers, a working website might be exactly what you need.
Trying to Find the Future in My Crystal Ball-Micrometer
The Machine Shop Market Profile in the June issue of Engine Builder was a bit of an eye opener for me. I was not surprised by the fact that the biggest problem we have as an industry is finding good help in the form of qualified employees.
Registration Now Open for PERA Conference in Clearwater Beach, FL
The 72nd Annual Production Engine Remanufacturers Association (PERA) convention will be held September 20-22 at the Sheraton Sand Key Resort in Clearwater Beach, FL. Registration for the convention and for the hotel are now open. The technical seminars and tour schedule are as follows: Wednesday, September 20th 8:00-8:30 am Working Breakfast – Welcome by President
Finding Equipment Financing
For many of you in the engine rebuilding industry, having access to the proper machines and equipment is the missing piece to creating the best engines possible for your customers.
Race Winning Brands Acquires Diamond Pistons and Trend Performance
Race Winning Brands, Inc., a portfolio company of Kinderhook Industries, LLC has acquired Diamond Pistons of Clinton, MI and Trend Performance of Warren, MI. The transaction was announced April 4.
Love It or Hate It, Workers Comp is Needed…and Better Than the Old Days
Workers Compensation is a government mandated benefit for employees who suffer a work-related injury or illness. Say what you want about government-mandated anything, according to people in the know about such things, the system in place today is much better than the way things used to be!
Worried About Shop Safety? OSHA Tells Why It Matters
Employers are required to provide their workers with a workplace free of serious hazards. Employers must also follow OSHA safety and health standards and they have a duty to find and fix safety and health problems.
What To Do When (And Before) OSHA Comes Knocking
Whether you have, haven’t or think you never will cross an OSHA inspection, you don’t want to run your shop in a manner that will get you fined, in trouble, and could cause your employees an accident due to an unsafe working environment.
