Manufacturing & Distribution

By Derrick Rebello, CPAGray, Gray & Gray, LLP Table of Contents In recent years, manufacturers have faced significant tax challenges, including mandatory R&D capitalization that increased taxable income, reduced equipment write-offs due to bonus depreciation phase-downs, and evolving state incentives. As a result, many missed out on valuable tax benefits. This landscape has now changed […]

By Derrick Rebello, CPAGray, Gray & Gray, LLP The signing of the One Big Beautiful Bill Act on July 4, 2025 represents a watershed moment for financial leaders in the manufacturing and distribution sectors. This sweeping tax legislation fundamentally reshapes the strategic tax planning landscape, creating both substantial opportunities and new complexities that demand immediate