Pinion Insights: Posts from category

News Room

Emma Swainston Recognized for Excellent Achievement

By Pinion Editorial | January 13, 2025
Reading Time: 2 minutes
Emma Swainston of Pinion has earned the prestigious Family Firm Institute (FFI) Global Educational Network (GEN) Certificate in Family Business Advising (CFBA). The distinguished certificate is awarded to individuals who have achieved comprehensive professional knowledge and gained significant expertise that can be valuable to family business owners.   As a …

Read moreEmma Swainston Recognized for Excellent Achievement

IRS Releases Standard Mileage Rates for 2025

By Michelle Johnson | January 9, 2025
, , , , , , , , , , , , , , ,
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 …

Read moreIRS Releases Standard Mileage Rates for 2025

Important Corporate Transparency Act Update

By Lydia Ebert | December 26, 2024
,
Reading Time: 2 minutes
Reporting requirements for Beneficial Ownership Information (BOI) continue to evolve, making navigation challenging. What we know as we enter into January is the recent appeal against the injunction has led to scheduling case hearings set to begin February 7, 2025, and oral arguments set to begin March 25, 2025. While …

Read moreImportant Corporate Transparency Act Update

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
, , , ,
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 …

Read moreNew Retroactive Wildfire Tax Relief: Action May Be Needed

Summary of Proposed American Families Plan

Tax Strategy Checklist for Manufacturers in 2025

By Pinion Editorial | December 11, 2024
, , ,
Reading Time: 2 minutes
As January quickly approaches, there are some important items to check off before next year is here. Following the national election and ongoing shifts in an uncertain economy, we’re here to help you stay ahead and avoid any unexpected changes. “The days of setting 5- and 10-year goals for your …

Read moreTax Strategy Checklist for Manufacturers in 2025

4 Ways Food & Beverage Manufacturers Should Prepare for 2025

By Pinion Editorial | December 10, 2024
, , , ,
Reading Time: 3 minutes
The 2024 election has brought about considerable potential for policy shifts in the food & beverage industry… with many businesses left asking, “What’s changing, and how should we react?”  Below, Pinion’s government and public affairs team has evaluated the four most likely areas to have impacts for food and beverage …

Read more4 Ways Food & Beverage Manufacturers Should Prepare for 2025

Summary of Election Impacts for Ag Producers and Processors

By Pinion Editorial | December 3, 2024
, , , , , , , , ,
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 …

Read moreSummary of Election Impacts for Ag Producers and Processors

A Dual Harvest: Farmers Need to Gather CI Data Now

By Pinion Editorial | November 20, 2024
, , , ,
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 …

Read moreA Dual Harvest: Farmers Need to Gather CI Data Now

Categories