We Can Help Your Financial Future Reach New Heights

You’re an established presence in the Manufacturing, Distribution, or Retail industry, which means your days are focused on combatting tough operational issues with innovative and streamlined processes such as Lean Manufacturing. With cost-conscious customers and the pressure to keep prices competitive, you need a relevant advisor who will strengthen your financial foundation as you experience your next level of growth. There is a way to execute orders on time and on budget today while also planning for your company’s future, and that’s why we are here to help. Whether it be retaining skilled labor or coping with an uncertain national economy, we have solutions that will help ease your burdens and help you reach your future goals.

While you create tomorrow’s products, we lay the groundwork for your future success. As an established, full-service firm with some of the largest and most recognized manufacturers in New England, DiSanto, Priest & Co. can help your financial future to new heights. Our unique hybrid tax, assurance, and advisory services were designed for established Manufacturing, Distribution, and Retail companies like yours. You get one team with the training and credentials to handle all of your needs. And as your company grows, our specialized tax, audit, and advisory services grow with you.

Helping You Keep Your Competitive Edge

You’re constantly innovating, re-inventing and improving your processes and product in order to stay on the cutting-edge. But it takes more than great product and processes to stay competitive in today’s business and political landscape. Whether it’s understanding compliance and regulatory restrictions or managing costs and budgeting, the future of your company depends on addressing these challenges. DiSanto Priest & Co. has the strategic skill set and financial foresight to help your company stay ahead of the curve. Life’s too short. Plan proactively so you can enjoy today instead of worrying about tomorrow.

Making Your Products Our Business

We’re a partner who understands the Manufacturing, Distribution, and Retail industry and the unique challenges you face in today’s ever-changing business and political landscape. Our network of industry-specific professionals offers valuable experience in the unique compliance and regulatory requirements that affect your ability to stay competitive. We’re even members of manufacturing organizations, such as Rhode Island Manufacturers Association (RIMA). Because you don’t need just another accounting firm – you need a relevant financial advisor who specializes in Manufacturing, Distribution, and Retail.

Dealing with the Changing Landscape in the Manufacturing Workforce – Part 2
We Can Help Your Financial Future Reach New Heights You’re an established presence in the Manufacturing, Distribution, or Retail industry, ...
Read More
Dealing with the Changing Landscape in the Manufacturing Workforce - Part 1
We Can Help Your Financial Future Reach New Heights You’re an established presence in the Manufacturing, Distribution, or Retail industry, ...
Read More
New Tax Incentive for US Corporations Exporting Goods or Services to Foreign Markets
For tax years beginning after December 31, 2017, the Tax Cuts and Jobs Act (TCJA) provides a new permanent deduction for domestic C-corporations that generate income from serving foreign markets. The deduction would reduce the federal tax rate on such income from 21% to 13.125% (increasing to 16.41% after 2025).
Read More
Consider QuickBooks Bank Feeds to Save Time
Setting up a data interface between your QuickBooks file and your bank can dramatically reduce the time burden created by the manual data entry of transactional activity.
Read More
Rhode Island Innovation Voucher Program
Rhode Island’s Commerce Corporation will begin offering grants to companies performing research and development in partnership with local universities, research centers, or medical centers.
Read More
Physical Presence No Longer Required for Sales Tax
In a 5 - 4 decision, the Supreme Court ruled in favor of state authority to require online retailers to collect sales taxes without regard to physical presence in the state. Although states stand to gain much-needed tax revenues, there may be consequences for online retailers that do business in multiple states.
Read More
Taking Control of SOC Report Requests & Distribution
One of the ways firms and their business clients are utilizing a clearinghouse is for SOC report distribution – a process that is becoming more challenging to manage as an increased focus on third-party controls has led to a rise in requests for reports.
Read More
Authenticated Financial Information
There is growing demand today for accurate, authenticated financial information. While technology has positively impacted the speed and accessibility of information, it has also created new ways to alter and compromise information.  
Read More
FBA: Creating Nexus for State & Local Tax Purposes
Many businesses are selling their products through the Amazon FBA program (Fulfillment by Amazon), expanding their businesses' nexus footprint for state and local taxes.
Read More
How to Assess Your Company's Financial Health
We receive regular checkups to monitor, maintain, and improve our health. But did you know that you should do the same for your company?
Read More
The Importance of Strategic Planning
Is your company future ready? We are living in a time of rapid change around the world. Consider a Strategic Planning Engagement to ensure success.
Read More
New Year and New Tax Laws Bring Change to Estates and Gifts
As we continue to welcome in the first quarter of 2018 and the new tax bill, let's take a quick look at what has changed and what remains the same.
Read More
Tax Reform Highlights for Manufacturers
On December 22, 2017, President Trump signed the Tax Cuts and Jobs Act (TCJA) into law, enacting the largest changes to corporate and individual taxation in over 30 years. We've highlighted the most important points for manufacturing, distribution and retail organizations.
Read More
Great News For Small Businesses That Qualified For Research Credits in 2016
Wage-paying small businesses with minimal taxable income can now take advantage of their research credits sooner than was allowed under the previous tax rules.  The Protecting America from Tax Hikes Act of 2015 allows qualifying small businesses to apply research credits against the social security portion of its federal payroll tax bill.
Read More
The New Lease Accounting Rules - January 2020 Is Not That Far Away
The new FASB lease accounting standard will likely need to be addressed sooner than many private businesses realize.  For privately held calendar-year-end companies it takes effect in January 2020.
Read More
Anchor Institution Tax Credit
In boating, an anchor is a mechanism used to hold a ship steady.  In television, an anchor is a person who presents and coordinates.  In sports, an anchor is the person on the team with the best ability.  In Rhode Island, an anchor is a business that orchestrates the creation of new jobs.
Read More
Take Advantage of Bonus Depreciation Before Year End
Bonus depreciation's job is to spur economic growth through investment, or reinvestment, in business property within the United States.  Whether you're a manufacturer looking to expand your operations or simply looking to update your equipment, bonus depreciation can help you accelerate tax savings. 
Read More
Cybersecurity
Interactions with technology are advancing at an exponential rate, and so are the risks of a cyber-attack. It seems like every other day there is another story in the news of a malicious virus sweeping the global marketplace and negatively impacting local economies.
Read More
Gearing up for the New Revenue Recognition Rules
Though it has been publicized that certain “contract-based” industries - telecommunications, technology, engineering, media, and pharmaceuticals, to name a few – will be impacted by the new revenue recognition rules the effects are in fact more far-reaching and will apply to all companies, public or private.
Read More
5 Compelling Reasons to Consider Solar for Your Manufacturing Business
Technology in the energy industry is evolving at a rapid pace.  Solar panels are becoming leaner and more efficient – providing more capacity at a lesser cost, mimicking the path of more traditional computer hardware.  Below are 5 reasons why we believe solar is worth considering today to boost your bottom line.
Read More
One More Reason to Expand your Tech Business in Rhode Island
Are you currently operating a business in Rhode Island and looking to expand?  Perhaps you have a business outside of RI that you’re looking to relocate.   Rhode Island, in an effort to attract and retain new and existing businesses, enacted the New Qualified Jobs Incentive Act in 2015 and has already awarded several job creators significant annual, redeemable tax credits that have allowed them to make expanding or relocating to RI more financially feasible. 
Read More
error: Content is protected !!