Farm Taxes: Deducting Expenses – An Overview

🕔Aug 1, 2017Farmers, like other business owners, may deduct “ordinary and necessary expenses paid . . . in carrying on any trade or business.” IRC § 162.  In agriculture, these ordinary and […]

Farm Business: 5 Top New Year’s Resolutions

🕔Dec 24, 2015New Year’s resolutions are really an effort to change unhealthy habits or adopt new ones to improve your life or business. As we think about recent shifts in the farm […]

Farm Business: Tax Tips for End of Year Planning

🕔Dec 1, 2015Agricultural producers should do tax planning before the end of the year based on the information known at this time. Traditionally, producers try to do tax planning to limit their […]

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