Patriot Software

SEPTEMBER 23, 2022

But, some aspects of agricultural accounting—like livestock and land—are specific to farming businesses. Agricultural accounting Q&A Farm accounting tax forms What’s considered a “farm business?” Like any business, you need up-to-date accounting records if you run a farm, ranch, or related operation.

Agriculture 52

Agriculture Account accountant accounted 52

Insightful Accountant

JULY 12, 2024

For accounting firms to expand their services into Client Advisory Services (CAS) specifically tailored for the agricultural sector. Traditionally, accounting services have focused on tax and compliance, but CAS offers a path to exponential growth.

Agriculture 52

Agriculture accounting firms Tax Account 52

TaxConnex

JULY 30, 2024

Some industries, such as manufacturing and agriculture, have many sales tax exemptions, including for equipment and some supplies. Additional complexities: Exercise reasonable due diligence in accepting any exemption certificate. Don’t accept a W-9 or a customer’s state sales tax registration, for instance.

South Dakota 264

South Dakota Alaska New Hampshire Montana 264

PYMNTS

JULY 3, 2020

Robert Morris , founder and CEO of agricultural-imaging company TerrAvion Inc. , Agriculture is the original high-tech industry,” Morris told PYMNTS. “How That’s not easy to do with traditional agricultural methods because modern farms are often large. Keeping track of all of that acreage with traditional methods isn’t easy.

Technology 117

Technology Agriculture Start-ups 117

CPA Practice

MAY 1, 2024

Secretary of Agriculture Tom Vilsack said in a statement. This is a great beginning as we develop new markets for sustainable aviation fuel that use home-grown agricultural crops produced using climate-smart agricultural practices.”

Agriculture 110

Agriculture Tax audit Sales 110

PYMNTS

AUGUST 23, 2019

Payroll provider OnPay is collaborating with accounting software company Xero to bring back-office services to the agricultural industry, Accounting Today reported on Wednesday (Aug. With Farm Credit Services of America , OnPay and Xero already have a relationship through the Magnify agriculture management software.

Agriculture 45

Agriculture payroll payroll tax accounting and finance 45

PYMNTS

SEPTEMBER 27, 2019

The companies will work together to bring the technology’s transparency and traceability to food safety and agricultural supply chains. Agriculture is the foundation of human civilization. Alipay­’s Ant Financial announced that it has partnered with Bayer Crop Science to develop blockchain solutions in the food and crops industry.

Agriculture 47

Agriculture Maine Technology 47

CPA Practice

OCTOBER 21, 2024

Treasury Department guidelines would clear the way for tax credits for corn-based ethanol if producers follow “climate-smart agriculture practices,” including using certain fertilizers and farming methods. To qualify, SAF must cut greenhouse-gas emissions by at least half compared to conventional jet fuel made from oil.

Agriculture 124

Agriculture Tax audit Sales 124

PYMNTS

OCTOBER 28, 2018

Many aspects of agricultural trading are highly manual and costly: paper documents, facsimiles, manual retyping of data, and so on,” the companies said. The first area to be worked on will be automating grain and oilseed post-trade processes. And many transactions still utilize hard copy transfers of documents.”.

Agriculture 62

Agriculture Technology 62

PYMNTS

APRIL 15, 2020

Agricultural Bank of China Tests App for Country’s Digital Currency. Screenshots of an app that the Agricultural Bank of China (ABC) developed for mobile phones was seen on WeChat on Tuesday (April 14). One of the state-owned banks in China has a mobile test app that supports the central bank digital currency of the country.

Agriculture 53

Agriculture Account accounted accountant 53

Intuitive Accountant

JULY 10, 2022

QuickBooks Payroll recently has launched support for agricultural companies that file Federal Form 943 in lieu of Form 941/944.

quickbooks 104

quickbooks payroll Agriculture 104

PYMNTS

OCTOBER 29, 2020

That pressure, she noted, has inspired the new partnership that Mastercard and GrainChain are announcing today to tie GrainChain’s agricultural supply chain technology solution into Mastercard’s proprietary blockchain technology to build a more inclusive and productive agricultural supply chain worldwide.

Agriculture 93

Agriculture Start-ups Technology Retail 93

Insightful Accountant

MAY 14, 2023

QuickBooks Online Payroll has transitioned from only supporting Form 943 businesses with new subscriptions to supporting all QBO Payroll subscribers needing to file Form 943 for their agricultural businesses.

payroll 102

payroll Agriculture quickbooks 102

PYMNTS

JANUARY 11, 2021

by Mexican immigrants continued in 2020, especially in the agricultural and construction sectors, WSJ reported. Experts offered several reasons for strong remittances despite the pandemic's effect on the U.S. One reason is that much of the work performed in the U.S.

Agriculture 125

Agriculture Construction 125

PYMNTS

FEBRUARY 14, 2020

Developers, among others, are working on reinventing the mall , which is still a compelling retail venue. And payment flexibility could be one of the keys that brings the consumer back to these facilities. In digital innovation, vertical farm operators are driving a technology revolution with artificial intelligence as well as data.

Agriculture 56

Agriculture Retail Technology 56

Accounting Today

JANUARY 23, 2024

Archer Daniels Midland stunned the agricultural trading and processing world with its bombshell that its CFO is on leave pending an investigation into accounting practices.

Agriculture 75

Agriculture Account accountant accounted 75

CPA Practice

JULY 5, 2023

Agriculture, natural resources, and mining business was also a growth area, adding about 1,110 jobs; a monthly growth rate of 0.58%. Agriculture includes farming, forestry, fishing, and hunting. Natural resources and mining cover oil and gas extraction, raw materials, and associated support services.

Agriculture 105

Agriculture Nebraska Iowa Oklahoma 105

Accounting Today

MARCH 4, 2024

The Chicago-based agricultural commodity trader said the issue with internal controls relates to the way it reports sales between segments.

Agriculture 72

Agriculture Sales accounting standards Account 72

PYMNTS

FEBRUARY 3, 2020

It was founded by James Farrar, who set up ClearBank in 2015, as well as Nick Evans, who started an agricultural tech company called Adaptris. Evans added that the bank will work within the agricultural community that already exists.

Agriculture 79

Agriculture Start-ups Account accounted 79

TaxConnex

JUNE 9, 2022

Alabama has enacted that some agriculture products are exempt from sales and use tax if these sales are made by the producer, immediate family or an employee. Opponents promise legal challenges. Additional updates. Examples cited in the legislation include whole cuts of meat, bound cut flowers, jams, jellies or boiled or roasted peanuts.

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Sales Tax Colorado Massachusetts 246

PYMNTS

MARCH 29, 2020

GrainChain , the farming blockchain system for agriculture and farming business, has moved to the Symbiont network, Assembly, a change which the company anticipates will help expand its business, according to a press release.

Agriculture 75

Agriculture Texas Technology B2B 75

CPA Practice

MARCH 18, 2024

The report also urges state lawmakers to protect the right to strike for public-sector, agricultural, and domestic workers who are otherwise excluded from federal labor law. “The increase in major strike activity in 2023 occurred despite our weak and outdated labor law failing to protect workers’ right to strike.

Agriculture 111

Agriculture Healthcare 111

PYMNTS

FEBRUARY 13, 2020

At a high level, Lo said that conventional agriculture suffers from increased climate volatility and cleanliness issues. She said that vertical farming “essentially electrifies agriculture,” she said, adding that “anywhere that you can generate an electron you can grow food.”.

Technology 113

Technology Agriculture California Retail 113

PYMNTS

SEPTEMBER 14, 2020

Last year , Standard Chartered reported the completion of a trade finance transaction via blockchain between Australian agriculture commodities trader Agrocorp International and customer BSM Global, of Bangladesh. Representatives from Standard Chartered said the new speed and efficiency would make a difference for users.

Agriculture 120

Agriculture Finance Technology B2B 120

PYMNTS

NOVEMBER 17, 2020

16), Pinduoduo said it will use the money “to invest in agricultural logistics infrastructure and responsive manufacturing as consumer behavioral changes accelerate the online migration of retail.”. Pinduoduo also seeks to raise up to $2 billion from a convertible bond offering, according to the Financial Times.

Agriculture 90

Agriculture Manufacturing Finance Retail 90

Accounting Today

MARCH 4, 2024

The Top 100 Firm also announced the first three member firms of the network, which will focus on food and agriculture clients.

Agriculture 75

Agriculture accounting firms Account accountant 75

CPA Practice

NOVEMBER 2, 2023

Make targeted, tailored investments in rural America to improve electricity service, expand access to affordable clean energy, advance climate-smart agriculture and forestry practices, and support agriculture-based biofuels. In addition, tax incentives are a primary tool in the Act to encourage energy innovation.

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Tax North Carolina Agriculture cpas 115

Nancy McClelland, LLC

APRIL 7, 2023

She has worked with many types of cooperatives over the years, including large and small agricultural marketing and supply cooperatives, wholesale grocery, specialty supply, rural electric, Farm Credit agricultural lending, consumer grocery, and worker cooperatives of various types.

Agriculture 98

Agriculture Virginia CPA California 98

PYMNTS

OCTOBER 16, 2020

The Bank of Communications, Bank of China, Agricultural Bank of China, China Construction Bank and Industrial and Commercial Bank of China registered a minimum of 10 percent year-on-year declines from January to June. During the first two quarters of 2020, these lenders also put more funds aside in anticipation of loan losses to come.

Agriculture 112

Agriculture Construction Government 112

CPA Practice

MAY 2, 2023

According to the WEF’s report, the jobs that businesses expect to grow the most relative to the existing proportion of their labor force for today are: AI and machine learning specialists Sustainability specialists Business intelligence analysts Information security analysts Fintech engineers Data analysts and scientists Robotics engineers Big (..)

accounting jobs 125

accounting jobs accountant jobs accounts jobs Agriculture 125

PYMNTS

JULY 13, 2020

During the first week of May, the SBA capped the federal business disaster loan program at $150,000 and limited it to farmers and agriculture businesses. But with the pandemic, Congress provided some funds for the program as part of the $2 trillion CARES Act.

Agriculture 111

Agriculture Non-Profits Healthcare 111

PYMNTS

APRIL 24, 2020

The pilot was announced at a promotional event on Wednesday (April 22) that was organized by the National Development and Reform Commission and was attended by representatives from Tencent and Alipay, the Industrial and Commercial Bank of China, the Agricultural Bank of China, the Bank of China and the China Construction Bank.

Agriculture 83

Agriculture Construction 83

PYMNTS

JANUARY 10, 2020

The PBOC has partnered with a number of banks and telecom companies to test the currency, including the Industrial and Commercial Bank of China, Bank of China, China Construction Bank and the Agricultural Bank of China, China Telecom, China Mobile and China Unicom.

Agriculture 102

Agriculture Construction Legal Technology 102

PYMNTS

NOVEMBER 12, 2019

The 5G network could also expand the use of IoT technology in industries like agriculture. Department of Agriculture (USDA) is currently presiding over a pilot for smart farms, called Farmbeats, that utilizes IoT technology to enable farmers to receive data about their crops in real time.

Agriculture 67

Agriculture Manufacturing Technology Maine 67

CPA Practice

AUGUST 7, 2024

“Declines in crop prices point to lower producer incomes this year, so the increase in optimism was somewhat puzzling,” said James Mintert , the barometer’s principal investigator and director of Purdue University’s Center for Commercial Agriculture.

Agriculture 107

Agriculture 107

PYMNTS

DECEMBER 1, 2019

He pointed to a diverse “mix of opportunities across different sectors,” — manufacturing, solid minerals, trade and agriculture. . Regardless of the recession Nigeria experienced, the governor said that the country’s economy remained the largest in Africa by GDP.

Agriculture 101

Agriculture Manufacturing Retail Technology 101

PYMNTS

MARCH 31, 2020

There are risks on all sides of a B2B transaction in the agriculture industry. “If a bank has an agricultural department, it’s very minimal, and they don’t want to take the risk.” Goods must be closely evaluated for quality, a process that can be slow and severely delay the release of funds.

Agriculture 75

Agriculture B2B accounting and finance Finance 75