The U.S. House Agriculture Committee on Thursday held a marathon online hearing looking at climate change with a focus on the viability of USDA...
Tom Vilsack, the Biden administration's nominee for Agriculture secretary, talked at his confirmation hearing on Tuesday about rewarding farmers...
What is the Biden Tax Plan, and how could it affect farms?
No gain or loss is recognized when property is involuntarily converted into similar property or property related in service or use. Rod Mauszycki explains this IRS code.
DTN Tax Columnist Rod Mauszycki explains stepped-up basis and why it's important to estate planning and farming.
DTN Tax Columnist Rod Mauszycki gives an overview of 1031 Exchanges for those farmers considering leaving farming.
In August, USDA, Farm Service Agency and Commodity Credit Corp. released information that provided clarity in regard to farm income and active management.
Installment sales are a powerful tool in farming. However, there is a level of complexity that needs to be understood.
Farming in a partnership or S corporation may add complexity (and tax) when you transition out. Here are some things to consider.
DTN Tax Columnist Rod Mauszycki discusses debt forgiveness and its possible impacts.
DTN Tax Columnist Rod Mauszycki discusses tax provisions in the Coronavirus Aid, Relief and Economic Security Act.
DTN Tax Columnist Rod Mauszycki discusses key date adjustments and legislative acts resulting from the COVID-19 response.
DTN Tax Columnist Rod Mauszycki discusses the complexity of self-rental and Section 199A.
DTN Tax Columnist Rod Mauszycki discusses capital accounts and partnerships.
DTN Tax Columnist Rod Mauszycki discusses the SECURE Act and offers advice for retirement.
DTN Tax Columnist Rod Mauszycki reflects on the "wild" 2019 tax year.
Sometimes, the best option for a failing farm is to file for bankruptcy. Bankruptcy in farming has its own bankruptcy code, Chapter 12, which allows the farm to restructure and continue operations.
Looking ahead to 2020, IRS guidance is anticipated on several issues of importance to agricultural businesses.
Cash method of accounting is under attack.
How should a worker be paid? The answer is sometimes not black and white.
If you are planning on exiting farming, the IRS has provided some great tools.
DTN Tax Columnist Rod Mauszycki explains regulations the Treasury Department recently proposed for Section 199A that deals with patrons selling commodities to cooperatives and how Specified Cooperatives should calculate and pass through the 199A(g) deduction.