The straight line

Category Archives: Agribusiness

Successful Strategies Create Successful Mergers

Acquiring another company and merging it with your business can be the most efficient way to grow. But many acquisitions don’t pay off and it’s often management issues — not market conditions — that get in the way. Here are eight key strategies that spell the difference between success and failure in mergers and acquisitions, no...

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Celebrating 50 Years in Business

Our father, Daniel Gardiner, started the firm to audit farmer cooperatives, which is still our primary client base. We have a number of clients who have been with the firm the entire 50 years, all cooperatives. Our history with credit unions and our governmental clients starts in the early 1980’s. We have a lot of good memories from all of the years that we have been in business.

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50 Years of Building Great Relationships

By: Emily Bell, Marketing Manager  |  email Throughout 2014 we have been featuring clients who have been working with Gardiner Thomsen for many years (25+)! We are so fortunate to have been able to develop so many long standing relationships and I have thoroughly enjoyed talking with each one of these managers and getting to know more...

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1964-1965 Financial Statement Analysis

In preparing for this edition, we came across some of Dan Gardiner’s files and reports, finding one that summarized the results of his clients from May 1964 to May 1965 closes. We thought you might enjoy reading what the averages were of what he was seeing in his audits. Here are excerpts and stats from that analysis.

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Fuel Tax Issues

If your coop engages in the sale of petroleum products, the following items may be necessary: Retail Diesel Fuel Pump Stickers; Acceptable payment methods for tax exempt fuel; Federal Fuel Exemptions; Form 637 – Application for Registration (For Certain Excise Tax Activities).

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Possible Bonus Depreciation

As we all know, the 50% bonus depreciation for qualifying assets ended December 31, 2013 and the higher expensing limits under section 179 sunset with your 2013 tax year. It is now possible that lawmakers will approve a retroactive application of bonus depreciation back to January 1, 2014 and that the higher limits of section 179 will be reinstated as well. A leading publication expressed the opinion that firms are safe making their remaining asset acquisition plans for 2014 based on these assumptions. So at this point it is not certain if this will be passed but this info is the latest available.

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