alliantgroup to Host Webinar on Tax Credits for the Agriculture Industry

HOUSTON, July 19, 2018 /PRNewswire/ -- Former U.S. Secretary of Agriculture and alliantgroup Chairman of Agriculture Mike Johanns as well as alliantgroup's Executive Vice President Sonny Grover and Associate Director Jeremy Troutman will be hosting a free webinar entitled "Tools to Keep Agriculture Competitive" today at 12:00 pm CT. During the presentation, Johanns, Grover and Troutman will discuss the impact of new trade policies on the agricultural sector, the possible timeline of the farm bill's passage and the various incentive opportunities that exist for agriculture companies.

In the face of new trade policies and the uncertainty surrounding pending farm bill legislation, companies should not be discouraged—there remains a number of options available for agriculture companies looking to stay competitive in a more challenging business environment. For agribusinesses exploring ways to retain their competitive edge, these companies may find the financial resources they need through certain government-sponsored tax incentives—specifically, the Research and Development (R&D) Tax Credit. During the webinar, Johanns, Grover and Troutman will discuss why a number of pro-business changes are allowing farmers, ranchers and other agribusinesses to claim the credit and the immense value it has already provided to businesses throughout the agriculture sector.

"The R&D tax credit was implemented in the 1980s to battle an economic slowdown, but over time the credit has evolved and been expanded for the benefit of numerous industries – including the broader agriculture sector," said Johanns in a recent article appearing in the Farm Bureau. "Due to gradual regulatory changes over the past two decades, the R&D credit can be applied not only to activities that are purposefully innovative and progressive, but also to many activities that farmers, ranchers and producers perform on an everyday basis."

"Whether you have heard of the R&D Tax Credit or not, I would highly encourage all presidents, CEOs and other business leaders within the agricultural industry to attend this webinar," said alliantgroup CEO Dhaval Jadav. "Just for completing their daily activities, we are seeing companies across the industry receive valuable tax savings because of this vital tax incentive."

Click here to register for this free webinar.

alliantgroup's mission is one of education and awareness—we exist to help industry organizations, businesses and the accounting firms that advise them to take full advantage of all federal and state tax credits, incentives and deductions available. These powerful incentive programs are legislated by the government to help businesses grow and remain competitive locally as well as abroad. We are proud to have helped over 12,000 businesses claim more than $6 billion in tax incentives. alliantgroup's international headquarters is in Houston, Texas, with offices across the country and internationally including New York, Boston, Chicago, Orange County, Sacramento, Indianapolis, Washington, D.C and London and Bristol in the U.K. For more information on alliantgroup, please follow us on LinkedIn, Facebook, Twitter and YouTube.

SOURCE alliantgroup

Related Links

http://www.alliantgroup.com