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Section 199A Further Guidance: What It Means to Farmers

Section 199A is one of the more contentious areas of the Tax Cuts and Jobs Act. In response to speculation about what the items in Section 199A involve, the IRS released proposed regulations for further guidance. Author Paul Neiffer, in a recent article for Ag Web, offered a quick summary of the Section 199A …

Tax Planning is a Must for Farmers as a Result of New Legislation

Changes to the U.S. tax code as a result of the 2017 Tax Cuts and Jobs Act (TCJA) will have a big impact on how farmers treat losses. In a recent article for The Progressive Farmer, author Rod Mauszycki details what has changed.

Prior to the TCJA, the treatment of farm losses was governed by …

Impact of Tax Legislation on the Farm and Ranch Industry

The Tax Cuts and Jobs Act (TCJA)—a sweeping update to the U.S. tax code—was signed into law at the end of 2017. A recent article published by Successful Farming offers an overview of how the TCJA is expected to impact the farm and ranch industry. Readers should bear in mind that it is impossible …

Blockchain in Agriculture

The everyday consumer is more mindful of the products they are buying, which is why it is time for the agriculture industry to invest in blockchain technology.
This article discusses using blockchain to increase transparency along agricultural supply chains.
To view this article, click the following link to access the original content.
https://www.forbes.com/sites/andrewarnold/2018/09/14/the-agricultural-supply-chain-can-massively-benefit-from-blockchain/#728c23261902

The Influence of Big Data in Manufacturing

Modern manufacturing is becoming increasingly reliant on data, which makes embracing data driven technologies important for manufacturing companies.
This article discusses the increase in possibilities for manufacturers following the adoption of big data.
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http://www.areadevelopment.com/advanced-manufacturing/Q3-2018/industry-4-0-influence-of-big-data-on-manufacturing-floor.shtml

Going PRO Talent Fund

Michigan’s manufacturing industry continues to experience a significant talent shortage in hiring and promoting qualified employees. One tool that the State of Michigan offers to help close this skills gap and support business growth is the Going PRO Talent Fund (formerly known as the Skilled Trades Training Fund). This fund makes awards to employers to assist …

Attracting Millennials to Manufacturing

As the manufacturing industry evolves, so do the policies and practices within the industry. Manufacturers should work hard to attract new talent that will bring new ideas to the forefront.
This article discusses eight tips for attracting and retaining a younger workforce in the manufacturing industry.
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Growth Begins With Quality and Regulation Compliance

Customer satisfaction in the agricultural industry relies upon the most basic principles of food quality and regulation compliance.
This article discusses the many changing consumer trends that can be handled by basic business foundations, and how to use these foundations successfully.
To view this article, click the following link to access the original content.
https://www.manufacturing.net/article/2018/08/beyond-back-basics-food-quality-and-regulation-compliance-provide-foundation-growth

More Chinese Imports Set to be Taxed

More tariffs are expected as the government continues the trade war with China, potentially jeopardizing American consumers and business owners.
This article discusses how business owners are preparing for the increased tariffs, especially manufacturers.
To view this article, click the following link to access the original content.
https://www.manufacturing.net/news/2018/09/trump-poised-tax-additional-200b-chinese-imports

Manufacturing Uncertain About Tariffs

Tax reform has allowed manufacturers to invest in employees, research, and production methods. But the current trade war could negatively impact U.S. manufacturing.
This article explains the positive growth the manufacturing industry has experienced, and why a trade war with China could lead to a labor shortage.
To view this article, click the following link to …