Finance-Accounting
Most farmers assume they can elect to defer these proceeds to 2021. But you must follow certain rules to qualify.
The concept of depreciation is pretty simple. You purchase an asset and then deduct part of that cost each year until it is fully written off.
Use upcoming meetings to prepare for a successful 2020.
Campbell Soup Shifting Canadian Production to Its U.S. Factories
There are steps you should take to ensure you’re able to live the life you desire once it’s time to pass the management reins to the next generation.
Beware of changes that could increase your payment
Newly revised numbers from the Commerce Department are indicating the gross domestic product (GDP) of the United States increased 3.1 percent from April to June, the fastest growth rate in more than two years.
One of the better tax credits relates to increasing research and development (R&D) in your farm operation. Congress has expanded the availability of the credit, and many farmers now qualify to take it.
The intricacies around growing cannabis and the lack of guidance from federal bank regulators means growing it can put your business at risk.
Before all this noise influences your decisions, dive into your numbers. We need look at some of the potential challenges if we shift too aggressively over to more corn acres.
Rabo AgriFinance, with guidance from Pipeline Foods, has developed a new loan product that gives farmers the flexibility to receive the needed capital for upfront costs associated with changing production practices.
Although interest rate swaps have been around for years, they’re attracting more attention from farmers these days as interest rates hover near zero.
