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Campbell Soup Shifting Canadian Production to Its U.S. Factories
The Trump administration released a summary of its sweeping tax reform plan Wednesday that has some considerable changes – including repealing the so-called death tax, which is sometimes criticized as a hardship for small businesses and farms.
New and expanded tax incentives for farmers and small businesses provide more flexibility in tax management this year.
Here’s a quick rundown of changes farm managers should pay close attention to this year.
Laws, circumstances and assets change over time. Do your estate planning documents reflect your current goals and wishes?
How can you prepare your successor and step down from being the manager? Danny Klinefelter, professor and Extension economist at Texas A&M, says families should follow these steps.
The Farm Journal Legacy Project Advisory Team shares tactical steps in how you can craft a successful plan for your farm.
Effective communication skills help family farms thrive
It is estimated that less than one third of farms have a designated successor in the family. This suggests two things. One, there are opportunities to farm. Two, it doesn’t have to be a relative to provide the opportunity.