Tag: taxes
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.
The word from Washington on tax break for farmers: ‘Whoops!’
The new tax law gives a 20 percent deduction of the gross proceeds for any commodities sold by farmers to a co-op. That is not just huge, it's gigantic.
Ohio Supreme Court says CAUV woodland owners can appeal
Woodland owners can appeal their CAUV property taxes before the Ohio Department of Taxation's Board of Appeals, according to a court decision.
Capitol Hill’s Christmas cookie bake-off
According to Alan Guebert, it’s not possible to call either the House- or Senate-passed tax bills simple or reformative.
Now is the time for farm budgeting
Now is the time to get the farm financial books fully caught up and to project income and expenses through the end of the year.
CAUV reform gets another Senate nod
The Ohio Senate has approved CAUV reform in its version of the state operating budget.
Limited information provided on conserved private lands
Without access to good data, it is harder for government agencies and nonprofits to target these public investments efficiently.
Ohio Senate approves CAUV reform
Both chambers of the Ohio legislature have now approved bills calling for CAUV reform.
IRS warns of last-minute scams
As the 2017 tax filing season winds down to the April 18 deadline, be aware the IRS doesn’t ask for personal info over phone or via email.
Opinion: Kasich values businesses over farms
Letter writer says the Kasich administration has given tax benefits to businesses, while farmers have been made to pay more.