Comparing the Effects of Tax Reform on C Corporations and S Corporations
In the wake of the recent tax reform legislation, many business owners are reevaluating the structure of their organization and questioning whether it would be beneficial to convert from a C corporation to an S corporation, or vice versa. The following is a review of the two structures and the breakdown of the changes. Similarities […]
Technology in Agriculture
Agricultural technology (AgTech) is gradually becoming more important to our farmers and the agricultural industry as a whole. This article discusses how AgTech has transformed, and how disruption has played a role in advancing the agricultural sector. To view this article, click the following link to access the original content. https://disruptionhub.com/agtech-investment-grows/
Agriculture and Tax Reform
Farmers are getting a tax boost with the help of the newly passed tax law, which allows them to deduct the majority of their business costs. This article discusses how the agriculture industry is responding to tax reform, and what deductions will mean for farmers going forward. To view this article, click the following link […]
What the New Tax Law Means for Agriculture
The Tax Cuts and Jobs Act will, for the most part, benefit American farmers. However, there are those who might not benefit as much as others. According to an article from American Agriculturist, “Farm Credit East tax experts have reviewed the 2017 Tax Cuts and Jobs Act — the largest overhaul of the U.S. tax […]
5 Agricultural Trends to Watch in 2018
It has become increasingly easy for those in rural areas to connect with a larger customer base thanks to the Internet and the creation of social media. With these communication tools comes a responsibility for farmers and producers to explain to their customers how their food is made. In an article from Farm and Dairy, […]
Leading through Change
Staying competitive can be a challenge to some farmers. That is why it is important to recognize the right time to change. In an article from Agriculture.com, author Natalina Sents writes, “To get started, farmers need to recognize the right time to change. That could mean diversifying the farm or transitioning to the next generation. […]
Where Big Agricultural Mergers Stand
The number of mergers and acquisitions in the agricultural industry may not hurt farmers’ profit margins, according to Eric Berger of AGWeb. In the article, Berger writes, “Yet the mergers could stifle innovation if the new corporations spend less on research and development, says Gary Schnitkey, an agricultural economist at the University of Illinois”. In […]
Agriculture Must Do More To Win Over Next Generation Workers
The agriculture industry is facing problem that could be detrimental to the way we produce food. It is estimated that by 2020, there will be a significant employment gap across all agricultural fields. An article from Farmers Weekly says, “Land-based industries including agriculture are facing a mighty staffing challenge, with an estimated 600,000 new entrants […]