A great way to save in taxes is through a domestic production activity deduction (QPAI). As a company, you are performing manufacturing activities, this entails that you have direct cost associated with manufacturing, such as labor, materials, and cost of goods sold. With elements like these, how does a company lower production cost? Well many companies go overseas, or they outsource their business elsewhere. Due to this, the government has provided a tax relief, (QPAI), to companies involved in manufacturing activities, as an incentive to keep companies from having to provide their services from overseas. In order to support this deduction, it is very important that accurate accounting records are kept. Our office provided services to a client who manufactures goods, that was able to utilize a QPAI; this helped the client save $38K in taxes!!! We hope this piece of information provides value to your bank of knowledge.