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Musings is a place to connect with CPAs, consultants, and advisors dedicated to your field. You’ll get practical tips and personal perspectives from some of our top minds. Our bloggers offer insights relevant to businesses and individuals. Join the conversation and tell us what you think.

LarsonAllen blog

Agribusiness Blog

Monsanto Paying Less Than 2 Cents a Bushel on Settlement!

(Posted on 11/21/2014)

Monsanto on November 12, 2014 announced they had reached a settlement with Pacific Northwest soft white wheat growers to compensate them for losses incurred due to the GMO wheat plant found on a Northeastern Oregon farm in 2013.  Total total settlement to farmers is $2.15 million with another $250,000 going to the state’s wheat associations. …

The post Monsanto Paying Less Than 2 Cents a Bushel on Settlement! appeared first on Farm CPA Today!.

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Credit Union Blog

CFPB: Lenders Cannot Request Certain Social Security Disability Income Information

(Posted on 11/20/201)

CFPB: Lenders Cannot Request Certain Social Security Disability Income Information Blog posted by John Zasada   The Consumer Financial Protection Bureau (CFPB) released a blog posting and bulletin on November 18, 2014, about lenders impermissibly asking for proof regarding the length of time a consumer will continue to receive social security disability income. When someone applies for a mortgage they generally will have to provide income information. However, for those that receive social security disability income, the recipient normally does not have documentation related to how long they expect to continue to receive the income. According to the CFPB, fair lending concerns are raised if a lender requires additional documentation to prove the length of time the benefits are expected to continue, such as a statement from a doctor or a specific description of the disability. Financial institutions should be careful to avoid asking for impermissible documentation pertaining to the expected length of time a consumer will continue to receive social security disability income. Disclaimer  More 

Health Care Blog