Pinion Insights: Posts from category

Agriculture

Updated GREET Model Creates Promising Tax Credit for Ethanol: Who will be eligible to benefit?

By Pinion Editorial | December 19, 2023
, , , ,
Reading Time: 2 minutes
The U.S. Treasury Department recently rolled out new guidance that has the potential to bring large opportunities for farmers and ethanol producers in the form of an Inflation Reduction Act (IRA) sustainable aviation fuel (SAF) tax credit.  But questions remain surrounding eligibility and implementation guidance.     “As it stands right …

Read moreUpdated GREET Model Creates Promising Tax Credit for Ethanol: Who will be eligible to benefit?

checklist

Financial Checklist for Ag Operations

By Pinion Editorial | December 15, 2023
, , , , , ,
Reading Time: 3 minutes
The beginning of the year is a great time to perform an overall financial check for your business. “We recommend that farm operations do this annually,” says principal Brad Palen of Pinion. “Not only does it provide you with a clearer picture of your business’ progress for the year, but it can …

Read moreFinancial Checklist for Ag Operations

Decision 2024: Business Planning Ahead of an Election Year

By Pinion Editorial | November 30, 2023
, , ,
Reading Time: 4 minutes
The direction of future tax policies is intrinsically linked to the shifting dynamics of political power in the White House and Congress. With an election year just on the horizon, it is prudent to look at how 2024 electoral results may result in policy shifts that impact the agriculture sector …

Read moreDecision 2024: Business Planning Ahead of an Election Year

How the Holidays Can Shape Your Family Legacy

How to Enjoy the Holidays as a Family Business

By Pinion Editorial | November 22, 2023
, , ,
Reading Time: 2 minutes
By Jeanne Bernick, Certified Family Business Advisor For many of you, the stress of harvest season is over and now you enter a new season in family business: the holidays! As if working with family isn’t challenging enough, now there are mandatory meals and celebrations and traditions to recreate, not to …

Read moreHow to Enjoy the Holidays as a Family Business

grain elevator, farm co-op

5 Things Every Co-op Should Do Before Year End

By Pinion Editorial | October 16, 2023
, , , , ,
Reading Time: 3 minutes
As the calendar year draws to a close, many farm co-ops are also approaching their fiscal year-ends. As a co-op CEO, now is a good time to ensure you’ve taken all the necessary steps and checked all the boxes to prepare for the next year. “We anticipate that 2024 will …

Read more5 Things Every Co-op Should Do Before Year End

FinCEN Reporting Deadline Alert: What Every Business Needs to Know

By Pinion Editorial | October 3, 2023
, , , , , , ,
Reading Time: 2 minutes
Beginning January 1, 2024, the Corporate Transparency Act requires all U.S.-based entities to report to the Financial Crimes Enforcement Network (FinCEN) detailed information about the entity and its key stakeholders – called “beneficial owners.” Any business with any legal entity (including single-member LLCs with minimal activity) will be impacted.  Small …

Read moreFinCEN Reporting Deadline Alert: What Every Business Needs to Know

The Flip Side of Estate Planning: Why Many Don’t Bother

By Pinion Editorial | September 26, 2023
, , , , , , ,
Reading Time: 3 minutes
6 in 10 Americans have a retirement account, while only 1 in 3 have an estate plan. While the majority of Americans see the importance of retirement planning, most neglect estate planning.  The most common reason for avoiding a will, trust or estate plan?  Procrastination. Todd Stanley, a wheat and …

Read moreThe Flip Side of Estate Planning: Why Many Don’t Bother

ag peer groups

4 Ways Ag Peer Groups Help Producers

By Pinion Editorial | September 15, 2023
,
Reading Time: 2 minutes
Running a successful farm in a small town can be isolating, and constantly improving and expanding your business is challenging. That’s where peer group can help. “Peer groups provide the opportunity to learn from and with producers in similar situations,” says Davon Cook, Pinion peer group advisor. “Even after 10+ …

Read more4 Ways Ag Peer Groups Help Producers

Categories