Keeping the Kids Busy on the Farm for Fun and Profit
In 2017, up to $6,350 of earned income per child are exempt from taxation. Further, the parent does not have to pay FICA tax for their children under 18 who work for them or their partnership. Corporations do not have ...
Read More Tax Policy Implications Run Far Deeper Than a Temporary Reprieve
Tax Policy Implications Run Far Deeper Than a Temporary Reprieve I am reluctant to write about the pending attempt to change the tax code. I haven’t even signed up for the annual tax school update, because I am certain information ...
Read More Estate Planning for the Farm Operation: OPEN IT UP!
Farming is complex, and it makes sense that the plan to move it to the next operator, whether they are family or not, is going to be complex as well. “Dying well” is hard to do, even in a ...
Read More Look Before You Leap
Look Before You Leap In the last several months, the Iowa Court of Appeals has issued opinions that reinforce a common-sense sentiment; look before you leap. In two separate cases, adjoining landowners engaged earth movers and heavy construction operators to ...
Read More August Ag Law Review
Wont Crack: California’s Egg Sales Law Stands Up to First Attack. The U.S. Supreme Court declined to review a challenge to California’s egg sale law that was filed by several states, including Iowa. The complaint comes against the law’s ...
Read More Hot Times in the Country Side
Its July, its hot, and the worry will soon set in on Harvest ‘17. Minus some late season applications, the die has been cast on the crop, and mother nature will be the deciding factor as the crop moves ...
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