March 4, 2025 – The Treasury Department has suspended enforcement, indefinitely, and will propose a narrowed rule to permanently address the issue. On March 2, the Treasury Department announced that, with respect to the Corporate Transparency Act, not only will it not enforce any penalties or fines associated with the beneficial ownership information reporting rule under the existing regulatory deadlines, but it will further not enforce any penalties or fines against U.S. citizens or domestic reporting companies or their beneficial owners after the forthcoming rule changes take effect either. The Treasury Department will further be issuing a proposed rulemaking that… Read More »
The Global Autonomous Agricultural Vehicle Market size will expand at over 17% CAGR from 2024 to 2032, due to technological advancements and the rise of precision agriculture. Autonomous agricultural vehicles are equipped with advanced sensors, GPS, and AI to perform tasks, such as planting, harvesting, and soil analysis with high accuracy and efficiency. With ongoing developments, autonomous agricultural vehicles are providing greater support for sustainable farming practices to help farmers manage their fields more effectively and meet the increasing global food demand. For instance, in February 2024, FarmX introduced Perceptive Navigation for autonomous agricultural vehicles, displaying GPS-free navigation and a comprehensive farm… Read More »
Editor’s note: Senior Multi-Media Specialist Matt Hopkins has been compiling his list of the best mobile apps in agriculture since 2010. In the slideshow below you’ll find more than 30 apps worthy of downloading in 2025. Inclusion on the list is based on research and evaluation of new or recently updated farming apps available for Androids, iPhones, and iPads. The list also includes several older apps that may have been off your radar but still deserve your attention. In addition, Hopkins shares insight from industry experts on how Artificial Intelligence (AI) is impacting the development and use of agricultural apps. Start Slideshow… Read More »
How the economy is shaping ag equipment purchases Published on 1/16/2025 The analysis is provided by Matt Erickson, an economist for Farm Credit Services of America (FCSAmerica). While nobody can predict what 2025 holds for agriculture, today’s economic trends and past cycles provide valuable insights for thinking about farm equipment purchases. AgDirect, one of the leading equipment financing programs in the nation, looks at some of the key factors shaping on-farm income and decisions. Equipment has gotten more expensive. Price matters when purchasing new farm equipment. Since 1990, the average price of a new tractor has outpaced the rate of… Read More »
DECEMBER 27, 2024 – This time of year, it is always important to keep your receipts in the event there is a needed return. The Fifth Circuit Court of Appeals has just returned to their previous ruling and have reinstated the nationwide injunction against the enforcement of the Corporate Transparency Act’s Beneficial Ownership Information filing. The Court also announced that it wouldn’t hear arguments further arguments until the end of March. As we stand today, businesses are NOT required to comply with the Corporate Transparency Act’s reporting requirements by January 13, 2025. Absent Supreme Court intervention compliance will likely be… Read More »
DECEMBER 23, 2024 – A federal Court of Appeals decision has reinstated the requirement under the Corporate Transparency Act (CTA) for filing requirements have been reinstated. Reporting companies, except as indicated below, are once again required to file beneficial ownership information with FinCEN. (Those who fail to meet this deadline could face up to two years imprisonment and fines up to $10,000, in addition to civil penalties of up to $591 per day.) While you may feel like the ping pong ball in this game of regulatory back and forth, you must be prepared to mitigate the risks to you and your… Read More »
