Sep 30, 2014
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Latest Tax News

  • Property Taxes Prove Big Issue in Nebraska's Governor Race
    09/29/2014
    Hassebrook said he would work to lower property taxes, but he'd prefer that most of the benefits go to owner-occupied farms and landowners who actually live in Nebraska.
  • Day 68 and Counting
    09/17/2014
    I will be on vacation all of next week and just wanted to let you know I may be unable to do any posts during that time.
  • September 26, 2014 Date Clarification
    09/16/2014
    In my blog post yesterday, there may have been some confusion on what needs to be done by next Friday the 26th. This only applies if you need to update your farm structure. ARC/PLC decisions have until most likely 2015.
  • Update Your "Farms" by Sepember 26
    09/15/2014
    If you have multiple landlords in your farming operation under one FSN with FSA, now is the time to reconfigure those into individual FSN. It will probably save you money.
  • Dairy Margin Protection Program Update
    09/14/2014
    I spent Friday in Denver getting additional training on the new Dairy Margin Protection Program. Here is some of the key items I learned.
  • Have Funds to Cover Your Check
    09/12/2014
    If you have a habit of writing checks at year-end and you do not have sufficient funds in the bank to cover the check (but will by the time it clears), care must be taken. A recent US Tax Court shows you why.

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