An article on Industry Week talks about how to achieve savings at the end of the year, and as you close your books. The formula is:
Minimizing Tax Liabilities + driving Lean Manufacturing = Year-end SavingsÂ
Opportunities for tax savings have never been better. In fact, many manufacturers are minimizing tax liabilities by identifying depreciation and R&D tax credits as they continue their pursuit of lean initiatives.
*Photo from iStockPhoto
Six Sigma : Your Resource for Strategic Management. Meikah Delid. Eversun Software 2006.