By Tyler Davis
Published Oct 6, 2019
Conservation easements have grown in popularity in recent years, partly due to the impactful tax benefits available to the donor. A conservation easement is a restriction on the use of land, voluntarily granted by the landowner to a conservation organization or to a government sponsored entity. The general rule for permanent conservation easement donations is that the property owner can take a charitable contribution tax deduction on their return for the difference in the fair market value of the land before the conservation easement and after the conservation easement. Currently, the donor can take a conservation easement charitable deduction of up to 50% of their taxable income in a given year. Should the value of the conservation easement charitable deduction exceed this taxable income threshold in the first year (because of lower than expected earnings or simply because of the size of the deduction), the taxpayer can use the remaining deduction over a fifteen-year carryforward period (no carryback is allowed and the same 50% taxable income limit applies during the carryforward period)...
Categories: Ag Policy, Agribusiness
Public
Here\'s a place to discuss all aspects of conservation.
Interest:
Conservation Easements, Conservation Plans, Cover Crops, NRCS
By Future Loans
Published Nov 13, 2020
Trade Finance and SolutionsTrade Finance solutions is the process of financing certain activities in international trade and commerce. It includes lending, factoring, letters of credit, insurance and export credit. Import and Export Companies, Financiers and Banks, Export Credit Agents and Insurers are the main participants in this form of financial service. How Does it Work?1. Repayment terms are short term...
Categories: Agribusiness, Conservation Easements, Farmland and Real Estate
Business Title: Pingxiang Vitalforce Firm
Job Title: Farmer, Ag Retail Professional, Farmer's Spouse or Family Member
Interests:
Canola, Organic Row Crops, Sorghum, Crop Protection, Crop Scouting, Fertility, Irrigation, Soil Health, Sustainable Agriculture, Precision Agriculture, Marketing, News, Accounting and Bookkeeping, Ag Policy, Agribusiness, Farm Management, Farmland and Real Estate, Projects, Tools, Conservation Easements, Cover Crops, Hemp, Orchard Crops, Organic Specialty Crops, Tree Nuts, Vegetables
Business Title: Farm Flight
Job Title: Other Ag Professional, CEO
About: Hi! I am a partner at Farm Flight LLC. Our goal as a company is to make high-resolution and consistent imagery available to anyone who wants it. With the use of drones, we are able to highlight and quantify important data points at affordable and consistent rates, saving you time and money.
Interests:
Corn, Cotton, Peanuts, Soybeans, Wheat, Vegetables, Rice, Canola, Sorghum, Cover Crops, Ag Policy, Precision Agriculture, Organic Row Crops, Irrigation, Marketing, Agribusiness, Apps, Telemetry, Ag Commentary, News, Accounting and Bookkeeping, Farm Management, Farmland and Real Estate, Human Resources, Operating a Farm, Succession Planning, Taxes, Projects, Purchasing, Repair, Shops, Tools, Conservation Easements, Conservation Plans, NRCS, Hemp, Orchard Crops, Organic Specialty Crops, Tree Nuts, Fishing, Homesteading, Horses, Hunting, Timber, Tobacco
Business Title: My Ag Life Daily News Report
Job Title: Other Ag Professional, Farm Broadcaster - Newsradio
Interests:
Corn, Cotton, Wheat, Vegetables, Rice, Beef, Dairy, Poultry, Swine, Cover Crops, Ag Policy, Irrigation, Marketing, Agribusiness, Canola, Peanuts, Sorghum, Soybeans, Organic Row Crops, Feed, Grass-Fed Livestock, Specialty Livestock, Crop Protection, Fertility, Soil Health, Sustainable Agriculture, Crop Scouting, Apps, Telemetry, Precision Agriculture, Ag Commentary, News, NRCS, Conservation Plans, Conservation Easements, Hemp, Organic Specialty Crops, Orchard Crops, Tree Nuts, Homesteading
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: Peoples Company
Job Title: Other Ag Professional, Real Estate Agent
Interests:
Corn, Organic Row Crops, Soybeans, Wheat, Beef, Dairy, Feed, Swine, Irrigation, Soil Health, Sustainable Agriculture, Precision Agriculture, Ag Commentary, Marketing, News, Accounting and Bookkeeping, Agribusiness, Farmland and Real Estate, Operating a Farm, Succession Planning, Projects, Purchasing, Conservation Easements, Hemp, Hunting, Timber
Job Title: Landowner
Interests:
Organic Row Crops, Dairy, Grass-Fed Livestock, Poultry, Specialty Livestock, Farm Management, Farmland and Real Estate, Operating a Farm, Conservation Easements, Conservation Plans, Cover Crops, NRCS, Hemp, Orchard Crops, Organic Specialty Crops, Tree Nuts, Vegetables, Fishing, Homesteading, Hunting, Timber, Tobacco
Job Title: Farmer's Spouse or Family Member
Interests:
Organic Row Crops, Sustainable Agriculture, Soil Health, Irrigation, Fertility, Crop Protection, Crop Scouting, Apps, Marketing, Taxes, Farm Management, Projects, Conservation Plans, Conservation Easements, Cover Crops, NRCS, Organic Specialty Crops, Vegetables, Orchard Crops, Homesteading
Business Title: Pingxiang Vitalforce Firm
Job Title: Farmer, Ag Retail Professional, Farmer's Spouse or Family Member
Interests:
Canola, Organic Row Crops, Sorghum, Crop Protection, Crop Scouting, Fertility, Irrigation, Soil Health, Sustainable Agriculture, Precision Agriculture, Marketing, News, Accounting and Bookkeeping, Ag Policy, Agribusiness, Farm Management, Farmland and Real Estate, Projects, Tools, Conservation Easements, Cover Crops, Hemp, Orchard Crops, Organic Specialty Crops, Tree Nuts, Vegetables
Business Title: Farm Flight
Job Title: Other Ag Professional, CEO
About: Hi! I am a partner at Farm Flight LLC. Our goal as a company is to make high-resolution and consistent imagery available to anyone who wants it. With the use of drones, we are able to highlight and quantify important data points at affordable and consistent rates, saving you time and money.
Interests:
Corn, Cotton, Peanuts, Soybeans, Wheat, Vegetables, Rice, Canola, Sorghum, Cover Crops, Ag Policy, Precision Agriculture, Organic Row Crops, Irrigation, Marketing, Agribusiness, Apps, Telemetry, Ag Commentary, News, Accounting and Bookkeeping, Farm Management, Farmland and Real Estate, Human Resources, Operating a Farm, Succession Planning, Taxes, Projects, Purchasing, Repair, Shops, Tools, Conservation Easements, Conservation Plans, NRCS, Hemp, Orchard Crops, Organic Specialty Crops, Tree Nuts, Fishing, Homesteading, Horses, Hunting, Timber, Tobacco
Business Title: My Ag Life Daily News Report
Job Title: Other Ag Professional, Farm Broadcaster - Newsradio
Interests:
Corn, Cotton, Wheat, Vegetables, Rice, Beef, Dairy, Poultry, Swine, Cover Crops, Ag Policy, Irrigation, Marketing, Agribusiness, Canola, Peanuts, Sorghum, Soybeans, Organic Row Crops, Feed, Grass-Fed Livestock, Specialty Livestock, Crop Protection, Fertility, Soil Health, Sustainable Agriculture, Crop Scouting, Apps, Telemetry, Precision Agriculture, Ag Commentary, News, NRCS, Conservation Plans, Conservation Easements, Hemp, Organic Specialty Crops, Orchard Crops, Tree Nuts, Homesteading
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: Peoples Company
Job Title: Other Ag Professional, Real Estate Agent
Interests:
Corn, Organic Row Crops, Soybeans, Wheat, Beef, Dairy, Feed, Swine, Irrigation, Soil Health, Sustainable Agriculture, Precision Agriculture, Ag Commentary, Marketing, News, Accounting and Bookkeeping, Agribusiness, Farmland and Real Estate, Operating a Farm, Succession Planning, Projects, Purchasing, Conservation Easements, Hemp, Hunting, Timber
Job Title: Landowner
Interests:
Organic Row Crops, Dairy, Grass-Fed Livestock, Poultry, Specialty Livestock, Farm Management, Farmland and Real Estate, Operating a Farm, Conservation Easements, Conservation Plans, Cover Crops, NRCS, Hemp, Orchard Crops, Organic Specialty Crops, Tree Nuts, Vegetables, Fishing, Homesteading, Hunting, Timber, Tobacco
Job Title: Farmer's Spouse or Family Member
Interests:
Organic Row Crops, Sustainable Agriculture, Soil Health, Irrigation, Fertility, Crop Protection, Crop Scouting, Apps, Marketing, Taxes, Farm Management, Projects, Conservation Plans, Conservation Easements, Cover Crops, NRCS, Organic Specialty Crops, Vegetables, Orchard Crops, Homesteading
Business Title: Clear Frontier Ag. Management
Job Title: Farmer, Landowner
Interests:
Canola, Corn, Organic Row Crops, Rice, Sorghum, Soybeans, Wheat, Crop Scouting, Fertility, Irrigation, Soil Health, Sustainable Agriculture, Apps, Precision Agriculture, Telemetry, Conservation Easements, Conservation Plans, Cover Crops, NRCS, Fishing, Hunting
Job Title: Farmer, Landowner, Other Ag Professional, Ag Banker
Interests:
Corn, Organic Row Crops, Soybeans, Wheat, Crop Protection, Fertility, Soil Health, Apps, Precision Agriculture, Ag Commentary, Marketing, News, Accounting and Bookkeeping, Ag Policy, Agribusiness, Farm Management, Farmland and Real Estate, Operating a Farm, Succession Planning, Projects, Purchasing, Shops, Conservation Easements, Conservation Plans, Cover Crops, NRCS, Fishing, Hunting, Timber
Job Title: Landowner
Interests:
Poultry, Crop Protection, Crop Scouting, Fertility, Irrigation, Soil Health, Sustainable Agriculture, Ag Policy, Conservation Easements, Conservation Plans, Cover Crops, NRCS, Hemp, Orchard Crops, Organic Specialty Crops, Tree Nuts, Vegetables, Homesteading
Public
Here\'s a place to discuss all aspects of conservation.
Interest:
Conservation Easements, Conservation Plans, Cover Crops, NRCS
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
Public
Here\'s a place for ag professionals who are interested in organic food production.
Interest:
Organic Row Crops, Crop Protection, Crop Scouting, Fertility, Soil Health, Sustainable Agriculture, Precision Agriculture, Conservation Easements, Conservation Plans, Cover Crops, NRCS, Organic Specialty Crops
By Tyler Davis
Published Oct 6, 2019
Conservation easements have grown in popularity in recent years, partly due to the impactful tax benefits available to the donor. A conservation easement is a restriction on the use of land, voluntarily granted by the landowner to a conservation organization or to a government sponsored entity. The general rule for permanent conservation easement donations is that the property owner can take a charitable contribution tax deduction on their return for the difference in the fair market value of the land before the conservation easement and after the conservation easement. Currently, the donor can take a conservation easement charitable deduction of up to 50% of their taxable income in a given year. Should the value of the conservation easement charitable deduction exceed this taxable income threshold in the first year (because of lower than expected earnings or simply because of the size of the deduction), the taxpayer can use the remaining deduction over a fifteen-year carryforward period (no carryback is allowed and the same 50% taxable income limit applies during the carryforward period)...
Categories: Ag Policy, Agribusiness
By Future Loans
Published Nov 13, 2020
Trade Finance and SolutionsTrade Finance solutions is the process of financing certain activities in international trade and commerce. It includes lending, factoring, letters of credit, insurance and export credit. Import and Export Companies, Financiers and Banks, Export Credit Agents and Insurers are the main participants in this form of financial service. How Does it Work?1. Repayment terms are short term...
Categories: Agribusiness, Conservation Easements, Farmland and Real Estate
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... #4 – Certain Conservation Easements Can Qualify for 1031 Treatment The IRS has concluded in a number of different Private Letter Rulings that Conservation Easement transactions can qualify for 1031 Exchange Treatment if the taxpayer rolls funds received into additional like-kind property. Private Letter Ruling 200649028 clarified the rules when a taxpayer receives tax credits rather than cash as part of a conservation easement... Consult your tax advisor if considering a 1031 Exchange as part of a Conservation Easement...
Categories: Ag Policy, Agribusiness
By Tyler Davis
Published Sep 11, 2019
Farmers and Agribusiness Companies are granted certain tax breaks and industry-specific deductions from the IRS. The service understands both the complexities and constraints of farmers as well as their essential role in our nation's economy. I have listed out the top ten most important tax benefits, accounting methods, and tax deductions related to farmers. 1... Conservation Easement Deduction If a farmer establishes a conservation easement on their property, they receive a tax benefit Under current federal law, the taxpayer is allowed a deduction limited to 30% of their adjusted gross income in the year of the deduction, and any amount not used in the first year can be carried forward and used over the next five years...
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. Farmers tend to think that tax planning opportunities are only available in high-income years or when they close on a big transaction (selling your property, selling a large amount of stock for a capital gain, etc). However, just as tax planning is essential in those situations, it is also critical to consider tax planning strategies during a down year... If the farmer is not able to adjust the timing of revenue, a farmer who uses the cash basis of accounting could also defer expenses (including any potential conservation easement deduction) to 2020 to reduce the amount of the current-year loss...
Categories: Ag Policy, Agribusiness
By Robert Lopez
Published Oct 31, 2020
Hebe or veronica is a shrub with an extraordinary inflorescence, which due to its ease of care is an excellent candidate for low-maintenance gardens. Its ornamental appeal lies not only in its curious flowers, but also in its leaves, which can be green or variegated. The origin of this precious shrub is New Zealand, it is evergreen and can reach 50 cm in height and the same width dimension. It is a good plant to be used as a path delimiter, to form small fences or to have in a pot decorating the balcony or patio. Let's see below what are the most important care you should have to keep your veronica bushes strong and beautiful...
Categories: Conservation Plans, Feed, Organic Row Crops
Published Aug 13, 2018
A common concern growers may have when they move to a no-till system is nutrient stratification. Without tillage to mix fertilizer into the soil, no-tillers may wonder whether the nutrients applied to the soil surface are reaching the crop roots. According to University of Nebraska Extension engineer Paul Jasa and Ray Ward, plant scientist and founder of Ward Laboratories in Kearney, Neb. , the resounding answer is: yes, they are... Now, if you need it for erosion control or for moisture conservation, that’s where those carbon cover crops become vital...
Categories: Corn, Cover Crops
Updated Dec 30, 2019
Part 1: Know Your True Cost of Production Why Your TCOP Matters How to Calculate Your TCOP Part 2: Take the Emotions Out of Your Marketing Plan Why You Need a Plan How to Create a Marketing Matrix How to Determine Your Marketable Inventory How to Use a Marketing Matrix Why You Need an Accountability Partner Part 3: Replace Dead Assets What Are Dead Assets? What Are Productive Assets? Part 4: Manage Your Cash Flow Conversion Cycle What a Cash Flow Conversion Cycle Is How to Speed Up Incoming Flows How to Postpone Outgoing Flows How to Minimize Paying Interest Part 5: Start Using Cover Crops. . . And Get Paid To Do It Why Cover Crops Make Sense How to Obtain Funding Part 6: Take Your Own Soil Samples Why You Should Get Your Own Sampler Who Else You Can Get Consultations From How This Approach Helps You Save Part 7: Bid Out Inputs Why You Should Be In Contact With Multiple Dealers What the Ground Rules Are For Getting Multiple Bids Part 8: Manage Your Fields By Zone How to Create Productivity Zones How to Use Productivity Zones How the Management System Affects Profits Part 9: Focus on Efficiency Over Growth Why Efficiency Matters More Than Size How to Increase Revenue How to Reduce Costs How Increased Efficiency Can Lead to Scaling Part 10: Know Your Optimal Scale... NRCS cover crop conservation programs are there for a reason...
Categories: Agribusiness, Marketing, Cover Crops
By John Moody
Published May 21, 2018
Pays For Conservation The steady drop is expected to accelerate in coming years, threatening the much-lauded model through which the U... has paid for conservation... Pays For Conservation The steady drop is expected to accelerate in coming years, threatening the much-lauded model through which the U... has paid for conservation... Pays For Conservation The steady drop is expected to accelerate in coming years, threatening the much-lauded model through which the U...
By Pat Rogers
Published Jan 24, 2018
In the past few years, we have made a concerted effort to increase the usage of cover crops and other conservation practices on our farm. I have learned a lot of lessons from this experience but one stands out above the rest... In fact, I would argue that if intensively managed, conservation practices should significantly enhance yields. The cornerstone of any good crop production system involving conservation techniques is the establishment of cover crops... If you are interested in giving multi-species cover crops a try, I’d encourage you to stop by the NRCS office in Bennettsville and speak with Frank Stephens about potential conservation programs that can help you get started...
Categories: Cover Crops
AgFuse © 2021
Get access to a complimentary whitepaper "Top 10 Ways To Increase Your Farm's Profits This Year" when you sign up on AgFuse today.
