- There are a number of special rules that apply to cooperatives for purposes of calculating the Section 199 Domestic Production Activities Deduction (DPAD). For instance, cooperatives that market agricultural or horticultural products for their patrons are treated as having manufactured, produced, grown or extracted (MPGE) any agricultural or horticultural products that its patrons have MPGE.
- When building a TCO model comparing on-premise to cloud software, make sure the model properly factors upgrade cost, and extends far enough into the future. Recognize that hosting is not the same as multi-tenant cloud software. Cloud software typically provides a very compelling value proposition.
- Food and beverage companies often overlook tax credits and incentives that could impact their business by recovering a percentage of their business investment in research and development (R&D), job creation, and other growth-related activities. In a time when there is economic uncertainty, it is in the best interest of your company to enhance your bottom line by taking advantage of credits and incentives available to the food and beverage industry.
- After experiencing volatile commodity prices throughout the first three quarters of 2012 due to weather and drought conditions, economic and energy policies and global effects, the fourth quarter was more stable. Because of the commodity shortage the food and beverage industry faced, farmers are likely planning higher harvests in 2013, which, assuming normal weather conditions, could theoretically lower commodity prices.