The third industrial revolution is here, and some say it is taking over the global economy. What exactly does this mean for manufacturers? To truly understand the impact of the third industrial revolution, it is important to consider the significant contributions of the prior industrial revolutions. The first Industrial Revolution focused on replacing human labor with automated processes. These concepts then progressed into the second industrial revolution, which perfected the automated assembly line process to produce mass quantities of identical products. Now, new Internet-based technologies are shifting the focus of manufacturers in a third direction that is creating new product mixes and services.

In their presentations at the Trucking Owners Business Roundtable held recently at Katz, Sapper & Miller, Bryan Merolla, senior analyst at the Cleveland Research Company, and Thom Albrecht, managing director at BB&T Capital Markets, discussed the 2015 economic forecast and trends in the transportation industry. 

The media is awash with stories of identity theft this tax season, and the stories are all the same: Someone calls stating that they are with the IRS, and they need personal information from you in order to process your tax payment. Or you receive an e-mail that appears to be from the IRS, requesting information to process your tax return. Find out how to protect yourself against these and other identity theft scams, and what to do if you have already been a victim.

Jim White, a member of Katz, Sapper & Miller’s Restaurant Services Group, will serve as moderator for a panel discussion at the Ohio Restaurant Association's "2015 North America Pizza & Ice Cream Show" in Columbus, Ohio.

Recently, the Association of General Contractors/Construction Financial Management Association’s (AGC/CFMA) 19th annual conference took place in Las Vegas, Nev. The conference began with several group sessions that focused on three of the central themes of the week: fraud, internal controls and ethics.

The Indiana Department of Revenue recently announced changes to its policy regarding the sales tax exemption for companies engaged in public transportation. The policy change was announced via an updated Information Bulletin #12, effective December 2014. Information Bulletin #12 serves as an important policy document for transportation companies ranging from traditional motor carriers to captive companies that transport primarily for their parent companies.