Georgia: Tax Cuts and Jobs Act Workshops – How Will It Affect Your Farm?

🕔Apr 12, 2018University of Georgia Cooperative Extension will host a weeklong series of tax law workshops in counties throughout the state focused on the implementation of the Tax Cuts and Jobs Act […]

Farm Equipment Leasing: New Tax Code Adds A Wrinkle – DTN

🕔Mar 14, 2018I’m sitting here reviewing tax returns and thinking about questions clients have asked throughout the busy season. With the low commodity prices and tax law changes, many clients have asked […]

Section 199 Tax Mess Getting Untangled, But Also Held Hostage

🕔Mar 14, 2018It looks like Congress has a possible fix to the Section 199A cooperative deduction in the recently passed tax bill.  However, the fix is being stalled in the Senate. The […]

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 […]

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