Ellin & Tucker Offices
The New Lease Accounting Standard and Re-visiting the Lease vs. Buy Decision

By: Bryan Porter

In February 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update No. 2016-02: the new lease accounting standard. By now, many private companies have considered the impact the new standard will have on financial reporting beginning in calendar... Continue Reading
More Jobs for Marylanders Means More Tax Benefits

By: Michael Cirangle

During 2017, Maryland passed the “More Jobs for Marylanders Act” of 2017, which specifically seeks to incentivize manufacturers to make capital and workforce investments in Maryland. The Act is part of Governor Hogan’s effort to boost the growth of manufacturing... Continue Reading
Human Investment: The Key to Today’s Manufacturing Success

By: Bryan Porter

Business owners and key financial executives are increasingly focused on investing in new technology to stay relevant and arguably survive, in today’s manufacturing marketplace. Industry 4.0, the internet of things (IoT), automation, robotics, additive manufacturing and augmented reality are exciting... Continue Reading
A look at manufacturing under the Trump administration

By: Michael Strauss

It has been approximately 18 months since President Donald Trump was sworn in as the 45th president of the United States. On the campaign trail, Trump expressed his concerns with American jobs being lost overseas and his desire to incentivize... Continue Reading
Revenue Recognition

By: Stephanie McGuire

This article was originally published digitally on May 24th by Manufacturing Business Technology: The Time Is Now: Preparing For The New Revenue Recognition Standards. The new revenue recognition standard became effective for public companies this year and we are now... Continue Reading

By: Bryan Porter

Manufacturing experienced meaningful growth in 2017. And, although the prognosis for 2018 provides both reoccurring and new challenges for business executives to contemplate, the opportunity and economic outlook for the industry sector remain strong. The demand to design, create and... Continue Reading
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Baltimore, Md. – Edwin Brake, managing director of Ellin & Tucker, announced today the promotion of two professionals as part of the firm’s ongoing commitment to developing its next generation of leadership. Stephanie McGuire, CPA, has made director in the... Continue Reading
Ellin & Tucker revenue recognition series manufacturing logo

By: Stephanie McGuire and Zachary Bromwell

The Financial Accounting Standards Board (FASB) issued Accounting Standards Update No. 2014-09, to align accounting standards, reduce industry-specific complexities, and shift the thought process of recording revenue from a rules based process to a principles-based approach. This new standard replaces... Continue Reading
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