Pinion Insights: Posts authored by

Pinion Editorial

The Corporate Transparency Act: What Businesses Need to Know

By Pinion Editorial | July 24, 2023

Reading Time: 2 minutes

In January 2021, Congress passed the Corporate Transparency Act designed to prevent the use of U.S. shell companies for money laundering, shadow investments, tax fraud, terrorism financing and other illegal activities. Beginning January 1, 2024, the CTA requires U.S. businesses to submit a Beneficial Ownership Information (BOI) report to the …

FSA Issues New PARP Notice for Producers: Allowance Made for Use of Registers

By Pinion Editorial | July 13, 2023

Reading Time: < 1 minute

With one day left until the July 14, 2023 deadline to submit ERP Phase 2 and PARP applications, the Farm Service Agency (FSA) has issued a new notice for producers. FSA will now allow a register to exist for PARP. This comes on the heels of an announcement that ERP …

Timely USDA Update: New ERP Changes Could Impact Producer Applications

By Pinion Editorial | July 12, 2023

Reading Time: 2 minutes

The Farm Service Agency (FSA) released a notice regarding changes made by USDA that could impact producers across the U.S. With just a few days’ away from the deadline to submit applications, a new change in procedure has just been released by the FSA – but the application deadline remains …

What Farmers Need to Know About Renewable Energy Options

By Pinion Editorial | July 10, 2023

Reading Time: 2 minutes

Across the U.S. agricultural landscape there is a growing demand for renewable energy sources. As clean energy policies and tax credits stimulate the energy transition, we’re seeing new opportunities for American farmers, ranchers, and landowners to make additional income from their land. Wind and solar are the two quickest growing …

IRS Issues New Guidance for Conservation Easements

By Pinion Editorial | June 6, 2023

Reading Time: < 1 minute

The IRS recently issued Notice 2023-30, which provides safe harbor deed language for extinguishment and boundary line adjustment clauses. The amendment was in response to the Secure Act 2.0 passed by Congress in December 2022. Who does the IRS Notice impact? Taxpayers who have placed a Conservation Easement on their …

5 Ways Farm Office Tech Creates ROI

By Pinion Editorial | May 30, 2023

Reading Time: 3 minutes

Today’s farm technology is not what it was five or even two years ago. In the past several years, most farms have revisited the way they monitor, control, assess and capture everything from data, activities, applications, usage, and outcomes. If it can be quantified or measured, some tech or data …

BE-12 Survey: Report Deadline Approaches for Foreign Investments

By Pinion Editorial | May 15, 2023

Reading Time: < 1 minute

Form BE-12 is a benchmark survey required by the Department of Treasury’s Bureau of Economic Analysis. The BE-12 must be filed every 5 years and 2022 is a reporting year. Paper forms are due May 31, 2023 and e-filed forms are due June 30, 2023. The survey collects data on foreign business …

Summary of the IRS Transfer Pricing Audit Increase

By Pinion Editorial | May 3, 2023

Reading Time: 2 minutes

One of the ways the IRS is going to put its $80 billion to use is increasing the number of transfer pricing audits it conducts. In a nutshell, transfer pricing is the process that establishes whether related party transactions between parties in the U.S. and foreign jurisdictions are priced fairly. …

Pinion Insights: Posts authored by

Pinion Editorial

The Corporate Transparency Act: What Businesses Need to Know

FSA Issues New PARP Notice for Producers: Allowance Made for Use of Registers

Timely USDA Update: New ERP Changes Could Impact Producer Applications

What Farmers Need to Know About Renewable Energy Options

IRS Issues New Guidance for Conservation Easements

5 Ways Farm Office Tech Creates ROI

BE-12 Survey: Report Deadline Approaches for Foreign Investments

Summary of the IRS Transfer Pricing Audit Increase

Categories

Offices Across the United States