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Recent Insights

Immediate Action Needed for Schedule K-2 and K-3 Filing Requirements for 2022

By Pinion Editorial | December 1, 2022
Reading Time: 2 minutes During the 2021 tax year IRS introduced us all to the Schedule K-2 and K-3 reporting requirements for certain flow-through entities.  Throughout this process there was a lot of confusion surrounding who really needs to file these schedules leaving taxpayers and tax professionals in a tough position.  As a result …

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New Labor Guidance Released for Clean Energy Tax Credits

By Pinion Editorial | December 1, 2022
Reading Time: < 1 minutes On November 30, 2022 the U.S. Treasury Department unveiled the prevailing wage and apprenticeship guidance. Companies seeking clean energy tax credits under the Inflation Reduction Act must follow these guidelines, published in the Federal Register. The Inflation Reduction Act created and expanded several tax credits, but stipulated that taxpayers could …

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How the Holidays Can Shape Your Family Legacy

By Jeanne Bernick | November 22, 2022
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 …

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The Risks of Letting Your Legacy Ride: How Estate Planning Protects the Family

By Pinion Editorial | November 18, 2022
Reading Time: 3 minutes With the holidays upon us, it’s easy to look at the family gathered around the table and feel grateful for many things. While year-end is often a time for reflection and gratitude, it’s also typically a time to wind down and tie up loose strings.   “One of the most important …

Read moreThe Risks of Letting Your Legacy Ride: How Estate Planning Protects the Family

Considerations Before Accepting a Utility Easement Offer: How to Protect Your Land

By Pinion Editorial | November 16, 2022
Reading Time: 2 minutes Land improvement easements can be a profitable income stream for farmers and ranchers. Across the U.S. we’re seeing an increase in opportunities for both surface and subsurface infrastructure and with additional tax credits and funding for energy efficient improvements from the Inflation Reduction Act, we will only see more of …

Read moreConsiderations Before Accepting a Utility Easement Offer: How to Protect Your Land

Impacts and Benefits of New Science-Based Target Guidelines

By Pinion Editorial | November 15, 2022
Reading Time: 2 minutes As the world strives towards a zero-carbon economy, more than 4,000 businesses worldwide have committed to reducing greenhouse gas (GHG) emissions through the Science-Based Targets initiative. These targets are rooted in climate science and have guided companies in reducing over 53 million tons of CO2  emissions since 2015. This September, …

Read moreImpacts and Benefits of New Science-Based Target Guidelines

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