Section 199A Further Guidance: What It Means to Farmers
Section 199A is one of the more contentious areas of the Tax Cuts and Jobs Act. In response to speculation about what the items in Section 199A involve, the IRS released proposed regulations for further guidance. Author Paul Neiffer, in a recent article for Ag Web, offered a quick summary of the Section 199A Guidance, […]
Tax Planning is a Must for Farmers as a Result of New Legislation
Changes to the U.S. tax code as a result of the 2017 Tax Cuts and Jobs Act (TCJA) will have a big impact on how farmers treat losses. In a recent article for The Progressive Farmer, author Rod Mauszycki details what has changed. Prior to the TCJA, the treatment of farm losses was governed by […]
Impact of Tax Legislation on the Farm and Ranch Industry
The Tax Cuts and Jobs Act (TCJA)—a sweeping update to the U.S. tax code—was signed into law at the end of 2017. A recent article published by Successful Farming offers an overview of how the TCJA is expected to impact the farm and ranch industry. Readers should bear in mind that it is impossible to […]
The Price of Bad Hires
When the time comes to add a new member to your farm’s team, it is important that you—or whoever is in charge of making the hiring decision—take sufficient time and care. Bonnie Johnson details why the cost of making a bad hire is so high in a recent article for Farm Futures. There are two […]
Tax Reform: What You Need to Know
The Tax Cut and Jobs Act is the most sweeping piece of tax reform legislation in the last three decades. Its effects reach into a wide range of industries, including farm and ranch businesses. In a recent article for Successful Farming, author Julie Spiegel offers an overview of the legislation, highlighting various items and their […]
Putting Your Cash Flow Projection to Work
An accurate cash flow projection is key to the health and direction of a farm or livestock business. In a recent article for Tri-State Livestock News, Blain Carey offers advice about cash flow projections. Keep your cash flow projection front-and-center throughout the year. You should consult it regularly, compare your projections to your actual income […]