Yes, tax season is snow storms, turkey dinner and college bowl games away, but having an eye on the tax prize in July can yield benefits in the winter months ahead. Some facts to consider, while the audit rate at ...

Despite the alarming number reported in the media, Chapter 12 bankruptcy is not on the increase, yet. The reported 75% increase in Chapter 12 Bankruptcy filings was 2 more filings than this time last year. While farm bankruptcy numbers aren’t ...

You have 100% chance of dying, we all do. Having a discussion while you are able to communicate your wants, needs, and desires with those who might be asked to make those decisions is as important as establishing a succession ...

Section 179 Tax Deduction Why does a farm truck have to be so big? So that we can deduct it, that’s why. The new law changed depreciation limits for passenger vehicles placed in service after Dec. 31, 2017  The following ...

The Wimpy Principle, I will gladly write off this equipment today and pay for it in the future. Wimpy from Popeye was always promising to pay later. IRS rules on depreciation may have a Wimpy fan writing them. In many ...

Too much, too little, and at the wrong time in any amount, water can fall into any of these categories. Ag operations need access to water as a basic input to their operations. In the Midwest, we are largely immune ...