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Transformation Happening in the Agriculture Industry

This article discusses the many variables that are being observed within the agricultural industry. Because of these changing variables, trends such as animal vaccines, food safety, crop monitoring, technology use, and water use are expected to have a significant impact in 2021. No matter the type of farm, being educated on these trends can …

Top 2021 Time and Attendance Tracking Systems

As the coronavirus pandemic effects tend to die down and people start to return to work, it is important for any small business to have an accurate breakdown of time and attendance during the workday. This article outlines many systems that can be utilized including topics such as cost, features, and reviews. Whether you …

Tech Trends for Small Business to Watch in 2021

This article discusses and outlines seven different technology trends to watch within the small business industry. Specifically, these trends are designed to improve software, automation, and machinery functionality. Artificial intelligence-powered chatbots and CRM, streamlining HR work, 5G, and voice-activated payments are all expected to have a significant impact. Be sure to check out this …

Food Manufacturing Trends to Watch in 2021

This article discusses how the food products manufacturing industry is undergoing a significant change due to a shift in consumer preferences. For example, this shift is driven by food safety and transparency demands as well as other trends such as innovation, cannabis, technological solutions, and sustainable products. Be sure to check out this link …

Credit and Debt Collection Strategies Your Business Can Implement

This article discusses and emphasizes the importance of having and implementing the most efficient debt collection process possible. Providing services to your client before payment is often a risky but necessary part of doing business. Implementing strategies such as invoice date, contact information, and obvious total invoice values can help ensure that your business …

Estate Planning Techniques During COVID

This article discusses how the COVID-19 pandemic has resulted in low interest rates and depressed asset values, creating a very unique opportunity for estate planners. Specifically, this article outlines five different strategies to consider utilizing during this time. For example, annual gift tax exclusion, gifting interest, annuity trusts, and intra-family loans are all topics …

Keeping Your Company Grounded During a Crisis

This article discusses and emphasizes the need for all businesses to be able to adapt and pivot in the right direction, especially during a crisis like the Coronavirus pandemic. Some tips that are outlined are the ability to strategize quickly, supporting company morale, staying grounded, and preparing for a future crisis through risk management. …

Leveling the Field for R&D Tax Credits

This article dies into the Many benefits that the architectural, engineering, and construction industries bring to the United States economy. To further their efforts, the government has set up research and development tax credit incentives in order to encourage innovation within the states. However, recently the “U.S. is losing high-paying jobs tied to manufacturing …

SBA Announces Changes to COVID-19 EIDL Loans

The U.S. Small Business Administration (SBA) recently announced a major update to the COVID-19 Economic Injury Disaster Loan (EIDL) program. As of the week of April 6, 2021, the maximum loan amount for COVID-19 EIDLs will increase to $500,000.

Under the CARES Act, the EIDL program was expanded to cover eligible businesses experiencing substantial economic …

Employee Spotlight: Lisa Johnson

Lisa joined the De Boer Baumann team in 2010. She was one of our initial hires when the South Haven office first opened! Lisa received her bachelor’s and master’s degrees from Western Michigan University before joining DBC. She handles bookkeeping and tax preparation for business clients as well as payroll for the South Haven …