Pinion Insights: Posts from category

Commodity Crops

What Farmers Foresee as the Top 10 Ag Issues of the Next 20 Years

By Pinion Editorial | January 16, 2025

Agriculture, Animal Ag, Commodity Crops, Farm Business Management, Farm Program Services, Permanent Specialty Crops, Strategic Advisory

Reading Time: 3 minutes

What key issues will your agricultural operation face over the next 20 years? Are your concerns in line with other producers’ worries? Farming has grown increasingly complex—and a recent farmer sentiment survey by Pinion sheds some light on key risks and challenges facing agricultural producers. Pinion recently surveyed farmers and …

IRS Releases Standard Mileage Rates for 2025

By Michelle Johnson | January 9, 2025

Agriculture, Animal Ag, Biofuels, Commodity Crops, Construction and Real Estate, Equipment Dealerships, Financial Institutions, Food And Beverage, Government & Public Affairs, HR Solutions, Land Advisory, Manufacturing, News Room, Permanent Specialty Crops, Sustainability, Tax & Accounting

Reading Time: 2 minutes

The IRS issued an increase in the standard mileage rates for business travel, effective January 1, 2025. While the IRS states that standard mileage rates can be applied to the use of a car, van, pickup or panel truck used for business purposes, it’s important to note the correct application of the …

In Wake of Disaster, How to Minimize Taxes on Insurance Proceeds

New Retroactive Wildfire Tax Relief: Action May Be Needed

By Pinion Editorial | December 13, 2024

Animal Ag, Commodity Crops, Food And Beverage, News Room, Permanent Specialty Crops

Reading Time: 2 minutes

On December 12, 2024, President Biden signed the Federal Disaster Tax Relief Act of 2023. The law exempts from income tax qualified wildfire relief payments made to individuals. Prior to the Disaster Tax Relief Act, some payments to disaster victims – such as settlement payments from utility companies – were …

Best Practices for Business Owners in 2025 and Beyond

By Pinion Editorial | December 11, 2024

Agriculture, Animal Ag, Biofuels, Business Valuation, Commodity Crops, Construction and Real Estate, Equipment Dealerships, Financial Institutions, Food And Beverage, Manufacturing, Next Gen, Permanent Specialty Crops

Reading Time: 2 minutes

As a business owner, you likely spend most of your days – and many of your nights – thinking about the daily operations of your business. Retaining customers, analyzing the competition, marketing services and products, tackling human resource issues…the list is endless. “It’s easy to get caught in the weeds …

Is Your Business Ready for Leadership Transition?

By Pinion Editorial | December 10, 2024

Agriculture, Animal Ag, Biofuels, Business Valuation, Commodity Crops, Construction and Real Estate, Equipment Dealerships, Farm Business Management, Financial Institutions, Food And Beverage, Manufacturing, Next Gen, Permanent Specialty Crops

Reading Time: 3 minutes

Whether your leadership transition is months or years away, there are crucial steps you can take now to prepare for a successful outcome. But successful transitions don’t just happen overnight. They take planning, preparation and foresight. In this blog, Pinion advisors share common succession pitfalls and strategies to help you …

Summary of Election Impacts for Ag Producers and Processors

By Pinion Editorial | December 3, 2024

Agriculture, Animal Ag, Biofuels, Commodity Crops, Equipment Dealerships, Food And Beverage, Government & Public Affairs, News Room, Permanent Specialty Crops, Tax & Accounting

Reading Time: 14 minutes

The 2024 federal elections will have significant impacts on policies that affect U.S. food and agriculture. With election day in the rear-view mirror, it is important to delve into how the results will likely impact our industry. Potential Upsides for the Agriculture Industry: In some cases, we expect policies that …

A Dual Harvest: Farmers Need to Gather CI Data Now

By Pinion Editorial | November 20, 2024

Agriculture, Biofuels, Commodity Crops, News Room, Tax & Accounting

Reading Time: 3 minutes

As your crops are rolling in this fall, don’t forget about your second harvest – crop data. Both the ag and ethanol industries have been on the edge of their seats, anxious to see what will happen with the 45Z Clean Fuel Production Tax Credit in 2025. While guidance has …

Tax Planning for Agribusiness Ahead of 2025

By Pinion Editorial | October 28, 2024

Agriculture, Animal Ag, Commodity Crops, Permanent Specialty Crops, Tax & Accounting

Reading Time: 3 minutes

As producers begin their annual reflection upon the past year and shift the focus into next year, planning considerations around tax and financial strategies become top of mind. With the election ahead and many uncertainties around potential policy changes ahead – it’s important to stay focused on what can be …

Pinion Insights: Posts from category

Commodity Crops

What Farmers Foresee as the Top 10 Ag Issues of the Next 20 Years

IRS Releases Standard Mileage Rates for 2025

New Retroactive Wildfire Tax Relief: Action May Be Needed

Best Practices for Business Owners in 2025 and Beyond

Is Your Business Ready for Leadership Transition?

Summary of Election Impacts for Ag Producers and Processors

A Dual Harvest: Farmers Need to Gather CI Data Now

Tax Planning for Agribusiness Ahead of 2025

Categories

Offices Across the United States