Taxlink
It is important to follow government and IRS reporting requirements. A little time and effort can prevent issues down the road.
Nearest delivered oil futures on the New York Mercantile Exchange and Brent crude on the Intercontinental Exchange shrugged off early weakness...
DTN identified the 10 highest sales of farmland in Illinois on a per-acre basis using the land analytics tool AcreValue. An institutional investor...
Firestone Ag, a company of Bridgestone, has opened its third annual Rock the Crop Sweepstakes, inviting FFA chapters to submit an entry to win...
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Rod Mauszycki is a principal in the Agribusiness and Cooperative group at CliftonLarsonAllen. He specializes in tax compliance, planning and research. Mauszycki has broad experience in corporate, partnership and individual tax matters including mergers and acquisitions, tax planning, succession/transition planning, tax return review and federal and state controversies. He earned a masters of business taxation at the University of Minnesota, bachelor of science degree from the University of Notre Dame and a law degree from Stetson University.
It is important to follow government and IRS reporting requirements. A little time and effort can prevent issues down the road.
The American Families and Workers Act has some provisions that have relevance to farmers and their tax situations.
As more farmers look to futures markets to reduce risk, there are two techniques they can use: hedging and speculation. There are positives and negatives, and tax implications, to each technique.
In addition to federal programs, most states offer incentives to businesses such as agriculture.
Is paying self-employment tax bad? There are consequences when avoiding self-employment tax, and some self-employment tax is good.