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Pinion Insights

How Automating Your Farm Office Creates Competitive Advantages

By Pinion Editorial | August 22, 2023
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Reading Time: 2 minutes
As a farm manager, you’ve invested in high-tech field equipment like GPS tractor systems, efficient irrigation systems and automated milking parlors to make your life easier. But what about your farm office? In the ag industry, the back office is largely overlooked. But the farm office has huge opportunities and …

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Kansas state capitol building.

Kansas Senate Bill 15 Overview

By Pinion Editorial | August 17, 2023
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Reading Time: 2 minutes
The Kansas Senate Bill 15 creates a new deduction for tax returns beginning in 2023. Specifically, the bill allows financial institutions to take privilege tax deductions on loans they’ve issued for agricultural real estate and single-family residences – providing a permanent tax savings for lending to ag clients and rural …

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Key Aspects of Section 1071: The Small Business Lending Final Rule

By Pinion Editorial | August 16, 2023
Reading Time: 3 minutes
I’m sure you are well aware of the beast the Consumer Financial Protection Bureau (CFPB) issued on March 30, 2023 related to Section 1071, the finalized Small Business Lending rule.  Almost every day there is a call to action from the banking industry to challenge the CFPB to provide relief …

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Turning Untillable Pasture to Productive Land: One Dairy Farmer’s Success

By Pinion Editorial | July 25, 2023
Reading Time: 3 minutes
Pinion land advisors have the pleasure of designing tile drainage systems for great contractors all over the country. In the spring of 2022, Cody Gass, Pinion land expert, received an email with a unique topographic map and a request for a drainage tile design for land that had been considered …

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The Corporate Transparency Act: What Businesses Need to Know

By Pinion Editorial | July 24, 2023
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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 …

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

By Pinion Editorial | July 13, 2023
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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 …

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Timely USDA Update: New ERP Changes Could Impact Producer Applications

By Pinion Editorial | July 12, 2023
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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 …

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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 …

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