Tag: finances
Income tax changes affect farmers
Check out this a brief overview of changes farmers will want to have on their radar before the upcoming tax season.
Surviving the dairy farm crisis
Farm financial survival relies upon good management, including successful production and financial planning.
Farmers can write off more with Sec. 179
Changes to the tax law mean farmers and other small business owners can immediately expense more of the cost of certain business property.
Farmers’ costs to go up
For the past five years, farm income nationwide has been declining, with the exception of 2017. Learn more about what's projected in 2019.
How to plan Thanksgiving dinner on a budget
Try these tips to keep up with family traditions and stay within your budget.
Manage your working capital in an economic downturn
Until markets improve, farmers should be aware of their financial situation, work with their lender and use financial analysis tools to make decisions.
Keeping track of your farm revenue
What is flowing "into" your farm's wallet? This question is the opposite of last month's column and is equally important.
What’s flowing out of your farm’s wallet?
You know how many dollars are flowing out of your farm's wallet, but per cow, per hundredweight, per ton or per bushel? Is the farm profitable?
I’m just million dollar dull
Kymberly Foster Seabolt promises if she's ever blessed enough to win the lottery, she'll stay the same person she always has been.
Should I continue farming?
The decision to sell cows or exit farming is never easy. Use these tips to ease the process.