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Pinion Editorial

Update on the Federal Minimum Increase for Exempt Workers

By Pinion Editorial | July 24, 2024
Reading Time: 2 minutes
Beginning July 1, 2024, the Department of Labor (DOL) enforced a new rule requiring employers to meet a higher salary threshold to classify employees as exempt. Legal Challenges Against the Rule A Win for Texas: A recent court order has exempted Texas from complying with the new federal minimum salary threshold …

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45Z Tax Credit: Guidance Issued, Immediate Action Needed

By Pinion Editorial | June 3, 2024
Reading Time: 2 minutes
On May 31, 2024, guidance was issued by the Internal Revenue Service (IRS) and US Treasury (Treasury) regarding registration requirements related to the Clean Fuels Production Tax Credit (45Z). The IRS has stated any registrations received after July 15, 2024 could be delayed, there is no guarantee registrations received before …

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Just released! SAF Tax Guidance and GREET Updates  

By Pinion Editorial | May 1, 2024
Reading Time: 2 minutes
The U.S. Treasury Department released new tax guidance for sustainable aviation fuel (SAF).  Below is a quick summary of high-level takeaways (CLICK HERE for Pinion’s holistic look at opportunity factors for Agriculture and Biofuels industries stemming from this release):  Biofuels – laying the groundwork:   The rules will have minimal impact …

Read moreJust released! SAF Tax Guidance and GREET Updates  

Co-ops Can Increase Employee Retention with These 6 Steps

By Pinion Editorial | April 22, 2024
Reading Time: 4 minutes
In recent years, securing new employees has been an overwhelming concern for businesses, with several reasons contributing to the shortage of job seekers. The pandemic has accelerated a shift to non-traditional work structures, and while companies offering remote positions have been receiving a steady stream of applicants, employers with traditional …

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Risk Management Firms Join Forces to Mitigate Agriculture Market Risks

By Pinion Editorial | April 11, 2024
Reading Time: 2 minutes
April 11, 2024 – Pinion Risk Management, LLC and Atten Babler Risk Management, LLC, two leading consulting and risk management firms to the agriculture industry, announced they have merged advisory resources and services, effective April 1, 2024. This strategic merger will further enhance the efficiency and effectiveness in addressing the …

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