It now appears each family member will be required to maintain a log showing at least 500 hours of active personal management or will need to document they are providing
What are the key financial responses of the federal government to help farmers in light of COVID-19? Paul Neiffer will review PPP, CFAP, income tax changes and other related items.
One of my favorite sayings about any new tax law is “We have the law, now we need the rules.”
Paul Neiffer provides the key tax changes that apply to farmers.
Farmers and farmland owners can lose 30% or more of their farm or ranch land value due to capital gains taxes on the sale. Learn more about preserving the value
The current tax law makes trading in farm machinery a taxable event. Here's what to know.
One of the few benefits to tough times is farmers will likely owe little or no tax. But that is not always the best solution for a farm couple.