The straight line

Category Archives: Cooperatives

R&D Tax Credits For Your Farmer/Members

Over the last two years almost all you have had a study done to determine how much research and development (R&D) tax credits your cooperative could claim. Working with the Alliant Group, we have been able to amend returns to claim the credits, use the credits on the current tax returns, or carry the credits...

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2018 Regional Patronage – CHS

In November of 2017 CHS reported a net income of $127.9 million for the fiscal year ended August 31, 2017, compared to net income of 424.2 million reported in fiscal year 2016. Furthermore, CHS experienced a loss before income taxes of $54.8 million compared to before tax income reported of $419.9 million in fiscal year...

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Cooperatives – What We Expect to See in 2018

This year seems to be starting with a lot of excitement, anxiety, confusion and uncertainty over the new tax law changes. How that will impact this year’s decisions, or perhaps 2019 decisions, is unknown at this point. We believe once we have a full grasp of the impact of the new tax rules, you will...

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Cooperatives – What We’ve Seen in 2017

It is that time of year again. We reflect back on the firm’s 100+ cooperative client base to share what we have seen over the past year. We had a few outliers that performed much better than our overall characterization of the past year. That said, there are those that performed not as well. Here...

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Cooperatives – What we expect to see in 2017

Okay, this year is looking to be different than what we have been expecting over the past years. Obviously, I am merely speaking from my vantage point; after being involved in audits, sitting through board and annual meetings, visiting with you managers and our partners who are involved in your audits. What we expect to...

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Cooperatives–what we expect to see in 2016

Those of you reading this article every year must think we sound like a broken record, not much changes here. Much of what we expected to see over the last year continues to be what we expect over the coming year. Mergers: The mergers just keeping coming. Across the Midwest (IA, NE, SD, MN &...

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