Farm Business Decisions: Emotions Are Not Your Friend – DTN Jan 9, 2020

🕔Jan 9, 2020
Tax planning always makes me reflect. To say 2019 was a wild ride is an understatement. We saw large swings in commodity prices, increases in dairy prices and optimism in […]

Farm Finances: 2020 Budgets – Don’t Forget Family Living Costs Nov 18, 2019

🕔Nov 18, 2019
In 2018, the total noncapital living expenses of 1,306 farm families enrolled in the Illinois Farm Business Farm Management Association (FBFM) average was $77,999–or $6,500 a month for each family. […]

Farm Business: Measuring Financial Stress Nov 4, 2019

🕔Nov 4, 2019
Financial stress is typically measured using a profitability measure and a solvency measure.  For example, profitability could be measured using the operating profit margin ratio and solvency could be measured […]

Farm Business: Identifying Profitability and Cash Flow Oct 4, 2019

🕔Oct 4, 2019
The severe weather this year has put a tremendous amount of pressure on Michigan farms. From delays in planting to spraying timely for weeds or diseases, each farm has felt […]

Family Farms: 3 Steps For Keeping Everyone On The Same Page – DTN Aug 30, 2019

🕔Aug 30, 2019
In helping families communicate about the future of their farm or ranch, we often run into conflicts between family members. These conflicts come from a variety of sources, such as […]

Farm Management: Making Sure Everyone’s Wearing the “Right Hat” Aug 9, 2019

🕔Aug 9, 2019
As farms continue to consolidate it becomes increasingly important to assess a farm’s management skills.  At a certain farm size, it is no longer easy or feasible for the manager […]

Texas: 2 QuickBooks Training Sessions in Aug., Sept. Jul 18, 2019

🕔Jul 18, 2019
The Texas A&M AgriLife Extension Service will offer Panhandle District QuickBooks Pro Desktop Short Courses on Aug. 21-22 in Amarillo and Sept. 11-12 in Lubbock. The two-day trainings will run […]

Farm Management: How Are Your Listening Skills? Jun 17, 2019

🕔Jun 17, 2019
As farms continue to consolidate it becomes increasingly important to assess a farm’s management skills.  At a certain farm size, it is no longer easy or feasible for the manager […]

Farm Business: How Are Your Buying and Marketing Skills? May 14, 2019

🕔May 14, 2019
As farms continue to consolidate it becomes increasingly important to assess a farm’s management skills.  At a certain farm size, it is no longer easy or feasible for the manager […]

Taxes: Does the IRS Consider Your Farm a Hobby or a Business? May 8, 2019

🕔May 8, 2019
Understanding tax laws and guidelines can help you avoid unexpected tax consequences on your small farm or ranch. “Your tax return has been selected for examination by our office.” These […]

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