By Tyler Davis
Published Jan 8, 2020
Overall, these final regulations did a great job of answering most of the open farming & agribusiness questions proposed by tax practitioners... However, these proposed regulations failed to address many of the concerns expressed by tax practitioners related to the implications of the Opportunity Zone program for agriculture businesses or farmers... While this conclusion is clear from a traditional commercial real estate perspective, farmers and agribusinesses expressed concern about how to qualify from an agricultural land perspective... So, uncertainty existed around what land investments and land improvements would qualify for the Opportunity Zone program in the agriculture industry... Farmers and agribusiness entities that sell assets used in a trade or business for a capital gain no longer have to wait until the end of the tax year to invest their capital gains into an opportunity zone project...
Categories: Ag Policy, Agribusiness
By Tyler Davis
Updated May 14, 2020
This is the second of a two-part series focusing on tax savings, planning opportunities, and other tax considerations for year-end 2019. Part I, published on AgFuse in November of 2019, focused on planning opportunities for farmers with higher than expected earnings in 2019 while Part II focuses on tax planning opportunities for farmers with lower than expected current year performance... One of the major goals in this scenario is to avoid a tax loss for the year because the new loss rules in effect for farmers are much different than they were before the passage of the Tax Cuts and Jobs Act of 2017... Tyler Davis is a CPA who works for SVN Saunders Ralston Dantzler real estate as an asset manager and advisor. SVN Saunders Ralston Dantzler was founded by Dean Saunders in 1996 and is a leading agricultural land brokerage based in Lakeland, FL...
Categories: Ag Policy, Agribusiness
By Tyler Davis
Published Mar 28, 2020
Late in the afternoon on Friday, March 27th, the United States House of Representatives passed the $2 trillion federal relief package called Coronavirus Aid, Relief, and Economic Security Act (CARES)... However, income phase-out limits begin at $75,000 of Adjusted Gross Income (AGI) for a single filer and $150,000 AGI for a married couple filing jointly... This provision is vitally important and will help individual farmers and workers at agribusinesses and farming operations... 5 times their average monthly payroll (with a maximum loan of $10 million). The portion of these loans used on rent, payroll, mortgage, and utilities by the company in the first eight weeks will be forgiven by the Federal government...
Categories: Ag Policy, Agribusiness
By Tyler Davis
Published Nov 1, 2019
This is the first of a two-part series focusing on tax savings, planning opportunities, and other tax considerations for farmers and agriculture businesses for year-end 2019. Part I focuses on when a farming taxpayer has higher than expected earnings in 2019 while Part II, which was published on AgFuse... One of the major tax planning opportunities for farmers is the ability to make an income averaging election, which is discussed in detail in The Top 10 Accounting & Tax Benefits for Farmers & Farming Businesses. As discussed in this article, Certain qualifying farming businesses can elect to be taxed on an average tax rate of their running three years of income... For further details, please see this IRS chart2019 IRA Deduction Limits - Effect of Modified AGI on Deduction if You Are Covered by a Retirement Plan at Work | Internal Revenue Service2017 IRA Deduction Limits - Effect of Modified AGI on Deduction if You Are Covered by a Retirement Plan at WorkOne final tax planning opportunity relating to capital gains triggered in 2019 is to put those capital gains in a Qualified Opportunity Zone Fund...
Categories: Ag Policy, Agribusiness
Published May 3, 2019
We are an international nonprofit organization, registered in the US and Canada, that focuses on health and safety for the next generation of agriculture We collect this data via a survey completed by students. With our international standardized survey we can now compare students from US, Canada, Australia, Denmark and Sweden. Doing our part to help protect the most noble industry on this planet. ...
Categories: Ag Policy, Agribusiness
By Steve Hanks
Published Mar 17, 2020
Regarding agricultural commodity markets, what effects do you think COVID-19 will have in the short-term? And, what effects do you predict in the long-term?
Categories: Ag Policy, Marketing, Agribusiness
Business Title: Better Your Workforce Better Your Company
Job Title: Other Ag Professional, Ag Search Professional
About: AG HeadHunters is a consulting firm focused on recruiting and training services for agriculture. We understand the complexities of finding, landing, and keeping talented employees; it is the greatest challenge and highest on-going cost of every company. Our mission is to assist our clients in effectively hiring critical employees that stay and remain engaged. Learn more at www.agheadhunters.com
Interests:
Canola, Corn, Cotton, Organic Row Crops, Peanuts, Rice, Sorghum, Soybeans, Wheat, Beef, Dairy, Feed, Grass-Fed Livestock, Poultry, Specialty Livestock, Swine, Crop Protection, Crop Scouting, Fertility, Irrigation, Soil Health, Sustainable Agriculture, Apps, Precision Agriculture, Telemetry, Ag Commentary, Marketing, News, Accounting and Bookkeeping, Ag Policy, Agribusiness, Farm Management, Farmland and Real Estate, Human Resources, Operating a Farm, Succession Planning, Taxes, Projects, Tools, Conservation Easements, Conservation Plans, Cover Crops, NRCS, Hemp, Orchard Crops, Organic Specialty Crops, Tree Nuts, Vegetables, Fishing, Homesteading, Horses, Hunting, Timber, Tobacco
Business Title: AgFuse LLC
Job Title: Other Ag Professional, Administrator
About: AgFuse is a social media network created specifically to connect farmers and agriculture professionals throughout the world.
Interests:
Corn, Cotton, Peanuts, Soybeans, Wheat, Vegetables, Rice, Canola, Sorghum, Beef, Dairy, Poultry, Swine, Cover Crops, Ag Policy, Precision Agriculture, Organic Row Crops, Irrigation, Timber, Marketing, Agribusiness
Public
Here’s a place to spread the word concerning announcements and insights that the whole ag industry may be interested in.
Interest:
Corn, Cotton, Peanuts, Soybeans, Wheat, Vegetables, Rice, Canola, Sorghum, Beef, Dairy, Poultry, Swine, Cover Crops, Ag Policy, Precision Agriculture, Organic Row Crops, Irrigation, Timber, Marketing, Agribusiness
Business Title: Better Your Workforce Better Your Company
Job Title: Other Ag Professional, Ag Search Professional
About: AG HeadHunters is a consulting firm focused on recruiting and training services for agriculture. We understand the complexities of finding, landing, and keeping talented employees; it is the greatest challenge and highest on-going cost of every company. Our mission is to assist our clients in effectively hiring critical employees that stay and remain engaged. Learn more at www.agheadhunters.com
Interests:
Canola, Corn, Cotton, Organic Row Crops, Peanuts, Rice, Sorghum, Soybeans, Wheat, Beef, Dairy, Feed, Grass-Fed Livestock, Poultry, Specialty Livestock, Swine, Crop Protection, Crop Scouting, Fertility, Irrigation, Soil Health, Sustainable Agriculture, Apps, Precision Agriculture, Telemetry, Ag Commentary, Marketing, News, Accounting and Bookkeeping, Ag Policy, Agribusiness, Farm Management, Farmland and Real Estate, Human Resources, Operating a Farm, Succession Planning, Taxes, Projects, Tools, Conservation Easements, Conservation Plans, Cover Crops, NRCS, Hemp, Orchard Crops, Organic Specialty Crops, Tree Nuts, Vegetables, Fishing, Homesteading, Horses, Hunting, Timber, Tobacco
Business Title: AgFuse LLC
Job Title: Other Ag Professional, Administrator
About: AgFuse is a social media network created specifically to connect farmers and agriculture professionals throughout the world.
Interests:
Corn, Cotton, Peanuts, Soybeans, Wheat, Vegetables, Rice, Canola, Sorghum, Beef, Dairy, Poultry, Swine, Cover Crops, Ag Policy, Precision Agriculture, Organic Row Crops, Irrigation, Timber, Marketing, Agribusiness
Business Title: Agribusiness Global Alliance
Job Title: President
About: Main site at www.iagribusiness.com. We are the world's 1st 100% online industry advancement group for the world's largest industry: Agribusiness, we grow you
Other sites listed at www.about.me/Agribusiness
Interests:
Corn, Cotton, Peanuts, Soybeans, Wheat, Vegetables, Rice, Canola, Sorghum, Beef, Dairy, Poultry, Swine, Cover Crops, Ag Policy, Precision Agriculture, Organic Row Crops, Irrigation, Timber, Marketing, Agribusiness, All Others
Business Title: CrosslandAngus
Job Title: Farmer, Ag Retail Professional
Interests:
Wheat, Soybeans, Corn, Beef, Grass-Fed Livestock, Fertility, Soil Health, Sustainable Agriculture, Ag Commentary, Marketing, News, Agribusiness, Succession Planning, Farmland and Real Estate, Accounting and Bookkeeping, Ag Policy, Farm Management, Purchasing, Repair, Cover Crops, Vegetables
Job Title: Farmer, Ag Retail Professional, Ag Investor, Farmer's Spouse or Family Member, Crop Consultant, Landowner
Interests:
Crop Scouting, Crop Protection, Fertility, Soil Health, Sustainable Agriculture, Accounting and Bookkeeping, Ag Policy, Human Resources, Agribusiness, Taxes, Farm Management, Succession Planning, Operating a Farm, Repair, Purchasing, Projects, Shops, Cover Crops, Orchard Crops, Tree Nuts, Organic Specialty Crops, Vegetables, Homesteading, Hunting, Timber
Business Title: HIckory Grove Family Farm
Job Title: Farmer
About: Fifth Generation Iowa Farmer, Accomplished Senior Executive, Proven Leader Within the Behavioral Healthcare Field
Interests:
Corn, Soybeans, Apps, Precision Agriculture, Ag Policy, Agribusiness, Farm Management, Human Resources, Operating a Farm, Timber
Business Title: Steaglo
Job Title: Farmer, Other Ag Professional, planning and mapping
Interests:
Canola, Corn, Cotton, Organic Row Crops, Peanuts, Rice, Sorghum, Soybeans, Wheat, Beef, Dairy, Feed, Grass-Fed Livestock, Poultry, Specialty Livestock, Swine, Crop Protection, Crop Scouting, Fertility, Irrigation, Soil Health, Sustainable Agriculture, Apps, Precision Agriculture, Telemetry, Ag Commentary, Marketing, News, Accounting and Bookkeeping, Ag Policy, Agribusiness, Farm Management, Farmland and Real Estate, Human Resources, Operating a Farm, Succession Planning, Taxes, Projects, Purchasing, Repair, Shops, Tools, Conservation Easements, Conservation Plans, Cover Crops, NRCS, Hemp, Orchard Crops, Organic Specialty Crops, Tree Nuts, Vegetables, Fishing, Homesteading, Horses, Hunting, Timber, Tobacco
Interests: Corn, Wheat, Sorghum, Beef, Dairy, Cover Crops, Ag Policy, Precision Agriculture, Irrigation, Marketing
Interests: Corn, Cotton, Peanuts, Soybeans, Wheat, Vegetables, Rice, Canola, Cover Crops, Ag Policy, Precision Agriculture, Organic Row Crops, Irrigation, Timber, Marketing, Agribusiness
Interests: Corn, Cotton, Peanuts, Soybeans, Wheat, Vegetables, Rice, Canola, Sorghum, Beef, Dairy, Poultry, Swine, Cover Crops, Ag Policy, Precision Agriculture, Organic Row Crops, Irrigation, Timber, Marketing, Agribusiness
Public
Here’s a place to spread the word concerning announcements and insights that the whole ag industry may be interested in.
Interest:
Corn, Cotton, Peanuts, Soybeans, Wheat, Vegetables, Rice, Canola, Sorghum, Beef, Dairy, Poultry, Swine, Cover Crops, Ag Policy, Precision Agriculture, Organic Row Crops, Irrigation, Timber, Marketing, Agribusiness
Public
A digitally native foodtech and agtech venture capital firm with an active media arm in AgFunderNews.com
Interest:
Cover Crops, Ag Policy, Precision Agriculture, Organic Row Crops, Irrigation, Timber, Marketing, Agribusiness
Public
The latest news on the innovative technology in the agricultural industry
Interest:
Corn, Cotton, Peanuts, Soybeans, Wheat, Vegetables, Rice, Canola, Sorghum, Beef, Dairy, Poultry, Swine, Cover Crops, Ag Policy, Precision Agriculture, Organic Row Crops, Irrigation, Timber, Marketing, Agribusiness
Public
If You work in Agriculture or a business supporting it, you need to join this group. Let\'s connect and help each other out.
Interest:
Corn, Soybeans, Wheat, Vegetables, Canola, Sorghum, Beef, Dairy, Poultry, Swine, Cover Crops, Ag Policy, Precision Agriculture, Organic Row Crops, Irrigation, Timber, Marketing, Agribusiness
Public
Connect and discuss Washington State agriculture.
Interest:
Corn, Soybeans, Wheat, Vegetables, Canola, Sorghum, Beef, Dairy, Poultry, Swine, Cover Crops, Ag Policy, Precision Agriculture, Organic Row Crops, Irrigation, Timber, Marketing, Agribusiness
Public
Here’s a group to discuss all of the finance and management decisions that need to be made when operating a farm.
Interest:
Corn, Cotton, Peanuts, Soybeans, Wheat, Vegetables, Rice, Canola, Sorghum, Beef, Dairy, Poultry, Swine, Cover Crops, Ag Policy, Precision Agriculture, Irrigation, Timber, Marketing, Agribusiness
Public
Pakistani Agriculturist, A group for Pakistani farmers to share success stories and ask questions.
Interest:
Ag Policy, Agribusiness, Marketing, Organic Row Crops, Precision Agriculture, Timber, Canola, Corn, Cotton, Sorghum, Peanuts, Rice, Soybeans, Vegetables, Wheat, Beef, Dairy, Swine, Poultry
Public
We are an insurance agency dedicated to providing competitive insurance and risk transfer solutions that protect farms, families and agribusiness companies that we serve.
Interest:
Corn, Cotton, Peanuts, Soybeans, Wheat, Vegetables, Sorghum, Beef, Dairy, Poultry, Marketing, Agribusiness, Ag Policy, Cover Crops, Irrigation, Organic Row Crops, Precision Agriculture, Timber, Canola, Rice, Swine
Public
All things agronomy! Get the latest news, research, and interviews with leaders in the world of agriculture. Hosted by Dr. Curtis Livesay, CCA, of Dynamite Ag.
Interest:
Corn, Soybeans, Wheat, Vegetables, Cover Crops, Ag Policy, Agribusiness
By Tyler Davis
Published Jan 8, 2020
Overall, these final regulations did a great job of answering most of the open farming & agribusiness questions proposed by tax practitioners... However, these proposed regulations failed to address many of the concerns expressed by tax practitioners related to the implications of the Opportunity Zone program for agriculture businesses or farmers... While this conclusion is clear from a traditional commercial real estate perspective, farmers and agribusinesses expressed concern about how to qualify from an agricultural land perspective... So, uncertainty existed around what land investments and land improvements would qualify for the Opportunity Zone program in the agriculture industry... Farmers and agribusiness entities that sell assets used in a trade or business for a capital gain no longer have to wait until the end of the tax year to invest their capital gains into an opportunity zone project...
Categories: Ag Policy, Agribusiness
By Tyler Davis
Updated May 14, 2020
This is the second of a two-part series focusing on tax savings, planning opportunities, and other tax considerations for year-end 2019. Part I, published on AgFuse in November of 2019, focused on planning opportunities for farmers with higher than expected earnings in 2019 while Part II focuses on tax planning opportunities for farmers with lower than expected current year performance... One of the major goals in this scenario is to avoid a tax loss for the year because the new loss rules in effect for farmers are much different than they were before the passage of the Tax Cuts and Jobs Act of 2017... Tyler Davis is a CPA who works for SVN Saunders Ralston Dantzler real estate as an asset manager and advisor. SVN Saunders Ralston Dantzler was founded by Dean Saunders in 1996 and is a leading agricultural land brokerage based in Lakeland, FL...
Categories: Ag Policy, Agribusiness
By Tyler Davis
Published Mar 28, 2020
Late in the afternoon on Friday, March 27th, the United States House of Representatives passed the $2 trillion federal relief package called Coronavirus Aid, Relief, and Economic Security Act (CARES)... However, income phase-out limits begin at $75,000 of Adjusted Gross Income (AGI) for a single filer and $150,000 AGI for a married couple filing jointly... This provision is vitally important and will help individual farmers and workers at agribusinesses and farming operations... 5 times their average monthly payroll (with a maximum loan of $10 million). The portion of these loans used on rent, payroll, mortgage, and utilities by the company in the first eight weeks will be forgiven by the Federal government...
Categories: Ag Policy, Agribusiness
By Tyler Davis
Published Nov 1, 2019
This is the first of a two-part series focusing on tax savings, planning opportunities, and other tax considerations for farmers and agriculture businesses for year-end 2019. Part I focuses on when a farming taxpayer has higher than expected earnings in 2019 while Part II, which was published on AgFuse... One of the major tax planning opportunities for farmers is the ability to make an income averaging election, which is discussed in detail in The Top 10 Accounting & Tax Benefits for Farmers & Farming Businesses. As discussed in this article, Certain qualifying farming businesses can elect to be taxed on an average tax rate of their running three years of income... For further details, please see this IRS chart2019 IRA Deduction Limits - Effect of Modified AGI on Deduction if You Are Covered by a Retirement Plan at Work | Internal Revenue Service2017 IRA Deduction Limits - Effect of Modified AGI on Deduction if You Are Covered by a Retirement Plan at WorkOne final tax planning opportunity relating to capital gains triggered in 2019 is to put those capital gains in a Qualified Opportunity Zone Fund...
Categories: Ag Policy, Agribusiness
Published May 3, 2019
We are an international nonprofit organization, registered in the US and Canada, that focuses on health and safety for the next generation of agriculture We collect this data via a survey completed by students. With our international standardized survey we can now compare students from US, Canada, Australia, Denmark and Sweden. Doing our part to help protect the most noble industry on this planet. ...
Categories: Ag Policy, Agribusiness
Published Sep 15
Last week NCBA released a letter to House Ways and Means and Senate Finance Committee urging them to consider the implications that changes to federal tax policy will have on family-owned agricultural businesses. Nearly 330 trade associations representing family-owned food, agriculture and related businesses agree that, when drafting legislation to implement President Biden's Build Back Better agenda, it is critical that the “American Families Plan” must also support family farms and ranches. “Congress must consider the complex structure of family-owned agricultural businesses that serve as the backbone of rural economies; therefore, understand how changes to long-standing provisions in the tax code could be detrimental to the financial viability of these businesses as they transfer to the next generation,” said Senior Executive Director of Government Affairs Danielle Beck... Whether their family has preserved the land for generations, or they are a beginning, veteran or minority farmer getting their start in the industry – without federal tax policy that supports a viable business climate for the next generation of producers, building on the environmental and economic contributions of today’s producers is impossible and risks compromising our nation’s ability to produce a safe, abundant and affordable food supply. The consequences of taxing family farms and ranches out of business completely undermines the 'Build Back Better' agenda...
Categories: Ag Policy, Farmland and Real Estate, Succession Planning
By Tyler Davis
Published Aug 2, 2019
A 1031 Exchange is a tax-deferred swap program in which farmers and others in the agriculture industry can participate. Farmland, vacant land, and certain agriculture assets are considered real estate assets under the Internal Revenue Code... While there has been extensive guidance and content on 1031 Exchanges in the context of residential, retail, office, and industrial properties, there is a lack of content on how 1031 exchanges apply to the agriculture industry. I have identified five items that all farmers and agriculture business owners should know, as follows:#1 – You’re allowed to do a 1031 Exchange on your Farmland Should you wish to sell your existing farm land and buy like kind property, this exchange should qualify for tax deferred treatment, meaning you don’t have to pay the tax currently... #2 – The Tax Cuts & Jobs Act of 2017 changed the rules for Farmers The Tax Cuts & Jobs Act of 2017 (Tax Reform) brought huge changes to the tax structure in the United States and the agriculture industry was not exempt...
Categories: Ag Policy, Agribusiness
By Tyler Davis
Updated Jun 20, 2020
One of the most common questions I receive as a tax professional is “What type of business entity should I choose?” Most new business owners are overwhelmed at this decision and do not fully understand the differences between types of entities. This article will explain rules, filing requirements, and benefits of the main type of business entities: sole proprietorship, LLC, Partnership, S-Corporation, and C-Corporation. Each decision is dependent upon the facts & circumstances of the owner(s), but a thorough understanding of each business type is critical in making the correct entity decision. Sole Proprietorships:The easiest, quickest type of entity to set up is a sole proprietorship... SVN: Saunders Ralston Dantzler is a leading agricultural land brokerage based in Lakeland, FL...
Categories: Ag Policy, Agribusiness
By Future Loans
Published Nov 12, 2020
We give you the financing you need along with deal structuring and due diligence advisory services that will help mitigate your risk and aggressively protect your interests... Our expertise in delivering successful project financing packages and our innate ability to match the right project with the right lenders, architects, engineers, consultants, builders, developers and all of the professionals your project will need is uncanny... Lenders are granted a lien on all of the project assets and are further granted the right to assume managerial and operational control of a project, along with the mechanism to do so if the project doesn’t comply with the loan terms... In this way, project risk is allocated amongst the deal participants who are best able to manage the risk... Project financing was used as far back as the ancient Greeks and Romans to finance maritime voyages...
Categories: Ag Commentary, Ag Policy, Sustainable Agriculture
By Tyler Davis
Published Mar 15, 2020
Often times, these commercial income-producing properties can be completely hands-off by hiring a property management company... Property owners of retirement age should consider the tax benefits for their heirs inheriting the property... The recent market volatility as a result of the Coronavirus disease (COVID-19) will probably encourage farmers and taxpayers considering retirement to keep working until the market improves... To encourage economic investment and stimulate growth, the federal reserve continues to cut interest rates... Farmers should consider the many tax and economic issues and consult their tax advisor as they reach retirement age...
Categories: Ag Policy, Agribusiness
By Steve Hanks
Published Mar 17, 2020
Regarding agricultural commodity markets, what effects do you think COVID-19 will have in the short-term? And, what effects do you predict in the long-term?
Categories: Ag Policy, Marketing, Agribusiness
Published Jul 30
Does anyone know a writer with agribusiness, digital or prescription ag experience? Or an agribusiness expert with writing experience? We're looking for someone to develop content with experience on the agriculture and tech/business side. Please reach out to me here or on Linkedin.
Categories: Sustainable Agriculture, Precision Agriculture, Agribusiness
By Pat Rogers
Published Feb 15
Categories: Crop Scouting, Precision Agriculture
By Neil Knaak
Published Sep 1
Curious who on this platform is from the sunshine state?
Categories: Apps
By Anonymous Member
Published Aug 17
Does anyone on here use an Amadas self propelled peanut combine? What are the pros and cons of a SP vs a pull type??
Categories: Peanuts, Agribusiness, Purchasing
By Zubair Ahmad
Published Mar 18, 2020
I just want to know how much water onion needs for proper growth?
Categories: Vegetables, Agribusiness, Irrigation
By Anonymous Member
Published Mar 20, 2020
Since most university nutrient recommendations were established prior to catalytic converters becoming commonplace, do you feel that sulfur fertilizer is needed in a greater amount than what is being suggested based on older recommendations?
Categories: Corn, Agribusiness, Cover Crops
By Anonymous Member
Published Apr 10, 2020
If you are a farmer, are you planning on applying for the Payroll Protection Program through the SBA? Why or why not?
Categories: Agribusiness
By Zubair Ahmad
Published Jun 30, 2020
Explain what kind of land is good for wheat ? Is sandy/ land is good for wheat ?
Categories: Wheat, Agribusiness, Irrigation
By Anonymous Member
Published Dec 1, 2020
Categories: Apps, Marketing, Farm Management
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