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I get to ride in a combine for about five hours. That is my definition of happiness.
During a tough farm economy, it’s easy to focus on the many challenges of business. Yet, is that daunting list blinding you to new business-growth prospects? “We have a tendency during economic downturns to
Hertz Farm Management appointed Jeff Troendle as its new president on Oct. 1. Troendle succeeds Loyd Brown, who served as president for the past 16 years.
Who will lead the house ag committee? Is a split government good for agriculture? Get the latest election coverage here.
Marginal tax returns usually do not exceed 37%. However, in certain situations they can exceed 100,000%. We discuss when this can happen.
FSA appears to now allow an appeals process on the Farm AGI issue. Details on the process are limited at this time.
USDA finally released guidance on equipment gains and farm AGI and it is not the answer we were looking for.
Adjusted gross income (AGI) is an income tax calculation based on how income is reported on your income tax return. A farmer who files a Form 1040 can easily find AGI since it is a line item on the income tax return.
The IRS finally updated their Farmer Tax Guide to indicate famers can defer the yield portion of revenue protection crop insurance policies. You cannot defer the price portion.
Farmers looking forward to retirement may want to consider a cash balance plan. We go over the details