Category Archives: Manufacturing Accountant Orange County

LSL CPAs and Business Advisors has extensive experience as Manufacturing Accountants. We have offices in Brea, Santa Ana and Sacramento. Call (714) 672-0022 if you need help with your manufacturing business.

We help you keep costs in line and reduce taxes so that you can focus on running your manufacturing business.

Inventory and cash control
Business Health Relies on Tight Inventory and Cash Control Systems

Inventory Control Tips for Manufacturers, Wholesalers, and Distributors Inventory management is a critical component of...

30
Sep
Inventory and cash control
Why Loading Up On Inventory to Beat a Tax Increase Can Be a Mistake

In late 2018, the United States government announced the new Excise Tax for products purchased...

09
Oct
Inventory in the Manufacturing Industry
October 5, 2018

In the manufacturing industry, the investment in inventory is significant. In many instances inventory in...

Tips for planning a successful physical inventory observation
January 24, 2017

Physical inventory counts at year-end are a necessary component of business if your company maintains...

Partial Sales Tax Exemption
May 24, 2016

Don’t forget that California currently has a partial sales tax exemption for manufacturers. The effective...

Greg Lewis to speak at Manufacturers Bank Symposium Q2 – 5/20/16
April 29, 2016

Manufacturers Bank Symposium Q2 May 20, 2016 8:30 AM – 11:30 AM PDT Event Description:...

Finally some IRS relief for small businesses!
December 22, 2015

On November 24, 2015, the IRS released IR-2015-133. This ruling increases the threshold for deduction...

Wholesale Distribution – How to Succeed in a Tight Margin Business
October 27, 2015

The wholesale distribution arena is a difficult environment for a company to operate in. Gross...

FASB’s Accounting Standards Update on Measuring Inventories
September 21, 2015

In July 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update 2015-11, Inventory...

Equipment Write Off and Tax Considerations for Businesses
September 8, 2015

One of my manufacturing clients located in Santa Ana called with a “simple” question. “I...

Key Elements for Establishing an Efficient Inventory Cycle Count
August 26, 2015

Establishing an efficient and effective inventory cycle count process provides a Company with many benefits....

Internal Controls for Wholesale and Distribution Business – 5 Things that You Should Know
May 20, 2015

Generally, in the wholesale and distribution industry, there is a tendency to rely on a...

Starting a Fraud Risk Management Program in Your Business
January 9, 2015

Do you consider your Company immune to Fraud? Or have you ever thought to yourself,...

New California Tax Incentives
February 24, 2014

Governor Brown successfully eliminated the State Enterprise Zone program in 2013 but new programs have...

Tips for Manufacturing Inventory Management
September 13, 2013

Manufacturing inventory management is a common challenge for manufacturers. The production process involves numerous materials,...