Manufacturers can now deduct 100% of the cost of certain “qualified production property” like integral building components under new tax rules—provided guidance and strategies are carefully navigated.

Industry 4.0 and the digital revolution are fundamentally transforming the manufacturing sector, ushering in a new era of efficiency, productivity, and innovation. With advancements such as automation, robotics, artificial intelligence, 3D printing, big data analytics, and the Internet of Things, manufacturing processes are becoming more streamlined, flexible, and connected. These technologies optimize production, improve quality control, enable predictive maintenance, and enhance supply chain management. Embracing Industry 4.0 is crucial for manufacturers to remain competitive in a rapidly evolving global landscape.
Manufacturers can now deduct 100% of the cost of certain “qualified production property” like integral building components under new tax rules—provided guidance and strategies are carefully navigated.