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Search results for 'Ag Policy'

  • Ag Policy

    Public
    A group for sharing and discussing ag policy updates regarding farm bill programs, conservation programs, crop insurance and just general ag policy out of Washington.
    Interest: Ag Policy

    Impact of Final Opportunity Zone Regulations on Farmers & Agribusinesses

    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

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    Tax Agriculture Tax Planning Strategies for Year End 2019 – Part 2

    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

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    Key Agriculture Tax Planning Strategies for Year End 2019 – Part 1

    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

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    What does the $2 Trillion Federal Relief Package Mean for Agriculture?

    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

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    Ag Health and Safety Alliance

    By David Sullivan Ag Safety

    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

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    AgFuse Administrator United States, SC, Blenheim

    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

    AG HeadHunters United States, TN, Nashville

    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

    Agribusiness Global Australia, Western Australia, Cottesloe

    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

    AgNet West Radio Network

    Public
    California and Arizona real farm radio, providing current, relevant, and interesting agriculture news. We are proud to serve the agriculture community. AgNet West is based in California.
    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, Crop Protection, Crop Scouting, Fertility, Soil Health, Sustainable Agriculture

  • AgFuse Administrator United States, SC, Blenheim

    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

    AG HeadHunters United States, TN, Nashville

    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

    Agribusiness Global Australia, Western Australia, Cottesloe

    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

  • Ag Policy

    Public
    A group for sharing and discussing ag policy updates regarding farm bill programs, conservation programs, crop insurance and just general ag policy out of Washington.
    Interest: Ag Policy

    AgNet West Radio Network

    Public
    California and Arizona real farm radio, providing current, relevant, and interesting agriculture news. We are proud to serve the agriculture community. AgNet West is based in California.
    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, Crop Protection, Crop Scouting, Fertility, Soil Health, Sustainable Agriculture

    Organic Citrus

    Public
    We are interested in gathering experiences, solutions and history of organic methods in citrus production. As well as record and document unique policy and market access hurdles organic citrus growers face in each different region of the world.
    Interest: Organic Row Crops, Crop Protection, Fertility, Irrigation, Soil Health, Sustainable Agriculture, Apps, Precision Agriculture, Telemetry, Ag Commentary, Marketing, News, Ag Policy, Agribusiness, Farm Management, Farmland and Real Estate, Operating a Farm, Conservation Easements, Conservation Plans, Cover Crops, Orchard Crops, Organic Specialty Crops, Homesteading

    Beginning Farmers

    Public
    A group for beginning farmers to network and exchange tips for growing your farm from the ground up!
    Interest: Corn, Cotton, Peanuts, Soybeans, Wheat, Beef, Dairy, Poultry, Cover Crops, Ag Policy, Precision Agriculture, Irrigation

    Treely

    Public
    We are innovators, real estate specialists, and hands on problem solvers, serving buyers & sellers of country real estate, timber, and commercial real estate in the Carolinas.
    Interest: Cover Crops, Ag Policy, Precision Agriculture, Organic Row Crops, Irrigation, Timber, Marketing, Agribusiness

    AgFunder

    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

    Agriculture, AgriTech And FoodTech

    Public
    Connected Business enterprises, SMEs, Social Enterprises, Nonprofit Organizations and Start-ups to Funding, Grants and Business opportunities in Agriculture, Livestock, Agrifood, AgriTech and FoodTech
    Interest: Corn, Cotton, Peanuts, Soybeans, Vegetables, Rice, Canola, Sorghum, Beef, Dairy, Poultry, Swine, Precision Agriculture, Organic Row Crops, Irrigation, Agribusiness

    Pakistani Agriculturist

    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

    Agribusiness Insurance Advisors

    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

  • Impact of Final Opportunity Zone Regulations on Farmers & Agribusinesses

    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

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    Tax Agriculture Tax Planning Strategies for Year End 2019 – Part 2

    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

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    Key Agriculture Tax Planning Strategies for Year End 2019 – Part 1

    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

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    What does the $2 Trillion Federal Relief Package Mean for Agriculture?

    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

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    Ag Health and Safety Alliance

    By David Sullivan Ag Safety

    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

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    1031 Exchanges and Farm Land: 5 Things that Landowners Need to Know

    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

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    The Best Business Entity Structure for Farms

    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

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    Is Your Farm a Hobby or a Business for IRS Tax Purposes?

    By Tyler Davis

    Updated May 13, 2020 

    Many taxpayers are surprised to find out that the IRS taxes hobby income. We all have hobbies... As previously mentioned, the income from a farming hobby is reported directly on page 1 of Form 1040... The time and effort you spend on farming indicate you intend to make it profitable How many hours on average did the farmer spend on this hobby? What steps were taken to enhance profitability? Documentation of hours spent & activities performed is paramount... SVN: Saunders Ralston Dantzler is a leading agricultural land brokerage based in Lakeland, FL...

    Categories: Ag Policy, Agribusiness

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    Top 10 Accounting & Tax Benefits for Farmers & Farming Businesses

    By Tyler Davis

    Published Sep 11, 2019 

    Farmers and Agribusiness Companies are granted certain tax breaks and industry-specific deductions from the IRS... Farms with less than $25 Million of Average Gross Receipts can use the Cash Basis of AccountingCompanies, including farms, with less than $25 million in average annual gross receipts for the past three years, can elect to use either the cash or accrual method of accounting... Farmers with under $25m in average gross receipts are allowed to use the cash method, which allows them to record crop sales in the year the cash is received and to record expenses when the payments are actually made... Unit-Livestock-Price MethodFarmers who use this method for valuing livestock must group livestock together by their type and age. Then, the taxpayer must apply a standard price for each type or group of animals/age...

    Categories: Ag Policy, Agribusiness

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    Retirement Tax Planning for Farmers

    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

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  • https://www.dtnpf.com/agriculture/web/ag/blogs/ag-policy-blog/blog-post/2021/05/07/ag-groups-react-30x30-release

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    Posted By Ag Policy
    May 7 

    https://www.farmprogress.com/farm-policy/epa-administrator-wont-return-obama-era-wotus-rule

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    Posted By Ag Policy
    Apr 8 

    https://www.dtnpf.com/agriculture/web/ag/blogs/ag-policy-blog/blog-post/2021/04/06/details-conversations-needed-bidens

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    Posted By Ag Policy
    Apr 1 

    https://www.dtnpf.com/agriculture/web/ag/news/world-policy/article/2021/03/31/states-may-laying-groundwork-appeal

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    Posted By Sam Carter
    Mar 27 

    "Let's make sure our voices are not drowned out by irresponsible and unreasonable policy makers. ...Let's make sure we are not only financially incentivized, compensated properly for adoption but provided the opportunity for profit potential creation. Please, engage in this dialogue. We have to define these terms and expressions and policies with good science, common sense, reasonable solutions and measurable outcomes that are financial and environmentally beneficial."
    https://georgiacorngrowersblog.com/2021/03/24/climate-smart-agriculture
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    Posted By Ag Policy
    Mar 24 

    https://www.dtnpf.com/agriculture/web/ag/news/business-inputs/article/2021/03/23/policy-market-diving-carbon
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    Posted By Ag Policy
    Mar 24 

    https://www.dtnpf.com/agriculture/web/ag/blogs/ag-policy-blog/blog-post/2021/03/24/usda-plans-rulemaking-rfid-eartags

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    Posted By Ag Policy
    Mar 22 

    https://www.farmpolicyfacts.org/2021/03/new-episode-former-usda-chief-economist-discusses-importance-of-farm-safety-net/


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    Posted By Ag Policy
    Mar 15 

    https://www.farmprogress.com/farm-policy/insights-changing-ag-policy-priorities

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    Posted By Ag Policy
    Mar 11 

    https://www.dtnpf.com/agriculture/web/ag/blogs/ag-policy-blog/blog-post/2021/03/11/citing-impact-farms-lawmakers-renew

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