V4 — Issue 3

Employee Spotlight – David Carbajal-Pimentel

David has dedicated the entirety of his professional accounting career to serving on the De Boer Baumann & Company team. He initially joined the firm as an intern in January of 2019 then was welcomed to the team fulltime in July of that same year. David currently serves as a staff accountant and recently …

Cybercrime and the Ag Industry

As farm owners incorporate more and more technology into their operations, the risk of falling victim to cybercriminals grows. From phishing attacks to ransomware and more, farmers should be aware that they are being targeted and that they are vulnerable, writes Mitch Galloway in a recent article for Michigan Farm News. Awareness and diligence …

The Benefits of Using a Capital Expenditure Budget

Farm owners seeking to make big-ticket purchases should be sure to plan carefully before doing so. Creating a capital expenditure budget is the first step to take before making a big purchase, writes Sara Schafer in a recent article for AgWeb. Crafting this type of budget requires accounting for your past activity, your cash …

Gifting Rules May Be Seeing Some Big Changes Soon

Farmers should be paying attention to potential changes to gifting rules, writes Paul Neiffer in a recent article for AgWeb. Neiffer details both current gifting rules and three potential changes to them. Farmers should be sure to understand both current and future gifting rules and work with their tax advisors to determine the best …

DBC to Sponsor MiFarmLink Project Event

De Boer Baumann & Company is excited to support Cultivating Connections, an event put on by the MiFarmLink Project. The November 10th event will feature Jolene Brown, a professional speaker, author, and farmer, and conclude with a networking happy hour sponsored by DBC.

Attendees can look forward to:

A welcome breakfast of cider and donuts“The Positives …

Using New Technology in the Manufacturing Workplace

As augmented reality and virtual reality technology becomes
increasingly advanced, its applications to a variety of sectors grow.
Manufacturing is no exception. In a recent article published by Manufacturing.net,
author Jonathan Wilkins examines various applications of VR and AR technology
within the manufacturing industry.

Improved Production – Using VR technology
to perform predictive analysis can help manufacturers discover product …

Using Data to Build a Big Picture of Your Manufacturing Firm

As technology advances, data is becoming more and more
readily available. While most manufacturers understand that data is available
and can be put to good use, they struggle when it comes to figuring out how to
do so. In a recent Forbes article, author Lisa Caldwell offers advice on
how to use data as a tool to enhance …