Sorry, you need to enable JavaScript to visit this website.

LATEST NEWS FROM Taxes

The Ins and Outs of 1031s
15:38PM Aug 13, 2019

The Ins and Outs of 1031s

Sara Schafer
Sara Schafer
Plan to maximize this effective strategy
05:00AM Aug 01, 2019

Paul Neiffer: Should You Consider a C Corporation?

Paul Neiffer
The Farm CPA Blogger
Tax reform made several changes to the tax rules about businesses operating as a C corporation. Let’s take a look at the pros and cons of this option for your
Aerial farmland
09:51AM Jul 12, 2019

Selling Land to Reduce Debt? Consider an Opportunity Zone Fund

Sara Schafer
Sara Schafer
In today’s low-income farm environment, many farmers would like to sell land to pay down debt but also want to defer paying capital gains taxes.
21:36PM Jul 02, 2019

When a Capital Gains Tax Rate is Higher

Paul Neiffer
The Farm CPA Blogger
We normally assume that capital gains tax rates are always lower than regular income tax rates (or at least equal). The portion of long-term capital gains that is in the ...
15:40PM Jul 02, 2019

What To Know Before You Do A 1031 Exchange

Sara Schafer
Sara Schafer
Planning to trade up or out some farmland this year? Consult your tax adviser first.
21:36PM Jun 26, 2019

Don't Be a Hobby!

Paul Neiffer
The Farm CPA Blogger
A recent Tax Court case is a reminder why you don't want your farm to be a hobby. Under the rules in effect through 2017, if your business was determined ...
21:36PM Jun 24, 2019

What We Still Don't Know

Paul Neiffer
The Farm CPA Blogger
The IRS released new Proposed 199A Regulations last week. The bottom line is that not much new information was presented to help farmers understand how to calculate the 199A adjustment ...