Income Tax Filing Deadline is March 1 for Ag Producers

🕔Feb 21, 2018Agricultural producers have until March 1, 2018, to file their 2017 income tax returns without penalty if they have not made estimates. “Producers have until April 17 to file without […]

Illinois: Why Should Farmers Know About the Illinois Schedule SA Income Allocations?

🕔Feb 19, 2018On July 6, 2017, Illinois Public Act 100-0022 became law. One item in this Act was an Illinois income tax rate increase effective July 1, 2017. The Illinois income tax […]

Ag Barometer: Producer Sentiment Turns Higher; Many Expect Lower Taxes

🕔Feb 6, 2018After trending lower in late 2017, the Purdue/CME Group Ag Economy Barometer turned higher in January. The monthly survey of 400 agricultural producers from across the U.S. indicated that the […]

Taxes: 1099 Forms For Ag Producers

🕔Feb 5, 2018Farmers and ranchers regularly pay for services from individuals who are not their fulltime employees. Typical compensation includes wages or other payments to self-employed workers and contractors, and rent paid […]

Tax Cuts – Sec 199A: What Impact Will it Have on Grain Marketing Decisions?

🕔Jan 26, 2018The newly passed Tax Cuts and Jobs Act of 2017 introduced substantive changes to individual and entity-level tax rates and deductions, many of them welcomed by individuals and corporations. One […]

Alabama: Ag Tax Bill Workshops Available in Feb., March

🕔Jan 26, 2018Alabama farmers can learn more about how the new tax law affects them individually and their farming operation at tax bill workshops from Alabama Extension’s Agribusiness Management Team. After the […]

New Tax Law Put Farmer Cooperatives in Financial Jeopardy – DTN

🕔Jan 24, 2018Iowa grain companies have told Sen. Charles Grassley that the Section 199A provisions benefiting cooperatives “would put them out of business if we don’t do something” and revise the new […]

Farm Business: Pros and Cons of the Tax Law Changes – DTN

🕔Jan 23, 2018While members of Congress try to deconstruct a tax-law change that drives farm sales to cooperatives over private companies, farmers are taking advantage of the law change and wondering whether […]

Ohio: Farmer, Farmland Owner Tax Webinar, Jan. 29

🕔Jan 9, 2018Are you getting the most from your tax return? Farmers and farmland owners that wish to increase their tax knowledge should consider this webinar that will address tax issues important […]

Farm Tax Planning Is Important in Good Years … And Bad

🕔Dec 22, 2017With the new year straight ahead, there’s no better time for farmers and ranchers to take stock of where they are financially in order to put them in the best […]

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