Job Title: Farmer, Other Ag Professional, Agricultural Historian
Interests:
Vegetables, Cover Crops, Ag Policy, Precision Agriculture, Organic Row Crops, Irrigation, Timber, Marketing, Agribusiness, Wheat, Soil Health, Sustainable Agriculture, Ag Commentary, Accounting and Bookkeeping, Operating a Farm, Taxes, Farm Management, Conservation Plans, Hemp, Organic Specialty Crops, Orchard Crops, Tree Nuts, Hunting, Homesteading, Soil Water
Job Title: Farmer, Rancher
Interests:
Corn, Soybeans, Beef, Feed, Apps, Precision Agriculture, Accounting and Bookkeeping, Agribusiness, Farm Management, Farmland and Real Estate, Operating a Farm, Succession Planning, Taxes, Purchasing, Repair, Shops, Tools, Cover Crops, Fishing, Hunting
Job Title: Farmer
Interests:
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, Fishing, Homesteading, Horses, Hunting, Timber, Tobacco
Business Title: UMaine Extension
Job Title: Extension Agent or University Employee
Interests:
Beef, Feed, Grass-Fed Livestock, Poultry, Specialty Livestock, Swine, Apps, Marketing, News, Accounting and Bookkeeping, Farm Management, Taxes, Tools, Hemp, Orchard Crops, Tree Nuts, Vegetables, Homesteading, Horses
Job Title: Farmer
Interests:
Corn, Soybeans, Wheat, Fertility, Soil Health, Sustainable Agriculture, Ag Commentary, Operating a Farm, Taxes, Repair, Tools, Cover Crops
Job Title: Farmer
Interests:
Ag Commentary, News, Marketing, Farmland and Real Estate, Operating a Farm, Taxes, Ag Policy, Accounting and Bookkeeping, Agribusiness, Purchasing, Shops, Repair, Tools, NRCS, Apps, Crop Protection, Crop Scouting, Irrigation, Fertility, Corn, Soybeans
Business Title: Perfect Trading Corp
Job Title: Farmer, Landowner, Ag Investor
Interests:
Crop Protection, Crop Scouting, Fertility, Irrigation, Soil Health, Sustainable Agriculture, Apps, Precision Agriculture, Telemetry, Ag Commentary, Marketing, News, Ag Policy, Farm Management, Farmland and Real Estate, Succession Planning, Taxes, Projects, Purchasing, Repair, Shops, Tools, Conservation Easements, Conservation Plans, Cover Crops, NRCS, Hemp, Orchard Crops, Organic Specialty Crops, Tree Nuts, Vegetables, Timber
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: Golden DEE Farms
Job Title: Farmer, Landowner, Other Ag Professional
Interests:
Canola, Wheat, Crop Protection, Crop Scouting, Fertility, Irrigation, Soil Health, Sustainable Agriculture, Apps, Precision Agriculture, Marketing, News, Accounting and Bookkeeping, Ag Policy, Agribusiness, Farm Management, Farmland and Real Estate, Operating a Farm, Succession Planning, Taxes, Projects, Purchasing, Repair, Shops, Tools, Conservation Easements, Conservation Plans, Cover Crops, Homesteading
Business Title: ABCCorp
Job Title: Farmer, Landowner, Farmer's Spouse or Family Member, Ag Investor, Precision Agriculture Specialist, Veterinarian, Extension Agent or University Employee, Crop Consultant, Farm Manager or Employee, Ag Retail Professional, Rancher
Interests:
Wheat, Sorghum, Peanuts, Cotton, Canola, Soybeans, Corn, Organic Row Crops, Rice, Apps, Telemetry, Precision Agriculture, Ag Commentary, News, Marketing, Accounting and Bookkeeping, Agribusiness, Farmland and Real Estate, Operating a Farm, Taxes, Succession Planning, Human Resources, Farm Management, Ag Policy, Projects, Repair, Tools, Shops, Purchasing, Conservation Easements, Cover Crops, NRCS, Conservation Plans, Hemp, Organic Specialty Crops, Vegetables, Tree Nuts, Orchard Crops, Fishing, Horses, Timber, Tobacco, Hunting, Homesteading, Crop Protection, Fertility, Soil Health, Sustainable Agriculture, Irrigation, Crop Scouting
Job Title: Farmer, Other Ag Professional, Agricultural Historian
Interests:
Vegetables, Cover Crops, Ag Policy, Precision Agriculture, Organic Row Crops, Irrigation, Timber, Marketing, Agribusiness, Wheat, Soil Health, Sustainable Agriculture, Ag Commentary, Accounting and Bookkeeping, Operating a Farm, Taxes, Farm Management, Conservation Plans, Hemp, Organic Specialty Crops, Orchard Crops, Tree Nuts, Hunting, Homesteading, Soil Water
Job Title: Farmer, Rancher
Interests:
Corn, Soybeans, Beef, Feed, Apps, Precision Agriculture, Accounting and Bookkeeping, Agribusiness, Farm Management, Farmland and Real Estate, Operating a Farm, Succession Planning, Taxes, Purchasing, Repair, Shops, Tools, Cover Crops, Fishing, Hunting
Job Title: Farmer
Interests:
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, Fishing, Homesteading, Horses, Hunting, Timber, Tobacco
Business Title: UMaine Extension
Job Title: Extension Agent or University Employee
Interests:
Beef, Feed, Grass-Fed Livestock, Poultry, Specialty Livestock, Swine, Apps, Marketing, News, Accounting and Bookkeeping, Farm Management, Taxes, Tools, Hemp, Orchard Crops, Tree Nuts, Vegetables, Homesteading, Horses
Job Title: Farmer
Interests:
Corn, Soybeans, Wheat, Fertility, Soil Health, Sustainable Agriculture, Ag Commentary, Operating a Farm, Taxes, Repair, Tools, Cover Crops
Job Title: Farmer
Interests:
Ag Commentary, News, Marketing, Farmland and Real Estate, Operating a Farm, Taxes, Ag Policy, Accounting and Bookkeeping, Agribusiness, Purchasing, Shops, Repair, Tools, NRCS, Apps, Crop Protection, Crop Scouting, Irrigation, Fertility, Corn, Soybeans
Business Title: Perfect Trading Corp
Job Title: Farmer, Landowner, Ag Investor
Interests:
Crop Protection, Crop Scouting, Fertility, Irrigation, Soil Health, Sustainable Agriculture, Apps, Precision Agriculture, Telemetry, Ag Commentary, Marketing, News, Ag Policy, Farm Management, Farmland and Real Estate, Succession Planning, Taxes, Projects, Purchasing, Repair, Shops, Tools, Conservation Easements, Conservation Plans, Cover Crops, NRCS, Hemp, Orchard Crops, Organic Specialty Crops, Tree Nuts, Vegetables, Timber
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: Golden DEE Farms
Job Title: Farmer, Landowner, Other Ag Professional
Interests:
Canola, Wheat, Crop Protection, Crop Scouting, Fertility, Irrigation, Soil Health, Sustainable Agriculture, Apps, Precision Agriculture, Marketing, News, Accounting and Bookkeeping, Ag Policy, Agribusiness, Farm Management, Farmland and Real Estate, Operating a Farm, Succession Planning, Taxes, Projects, Purchasing, Repair, Shops, Tools, Conservation Easements, Conservation Plans, Cover Crops, Homesteading
Business Title: ABCCorp
Job Title: Farmer, Landowner, Farmer's Spouse or Family Member, Ag Investor, Precision Agriculture Specialist, Veterinarian, Extension Agent or University Employee, Crop Consultant, Farm Manager or Employee, Ag Retail Professional, Rancher
Interests:
Wheat, Sorghum, Peanuts, Cotton, Canola, Soybeans, Corn, Organic Row Crops, Rice, Apps, Telemetry, Precision Agriculture, Ag Commentary, News, Marketing, Accounting and Bookkeeping, Agribusiness, Farmland and Real Estate, Operating a Farm, Taxes, Succession Planning, Human Resources, Farm Management, Ag Policy, Projects, Repair, Tools, Shops, Purchasing, Conservation Easements, Cover Crops, NRCS, Conservation Plans, Hemp, Organic Specialty Crops, Vegetables, Tree Nuts, Orchard Crops, Fishing, Horses, Timber, Tobacco, Hunting, Homesteading, Crop Protection, Fertility, Soil Health, Sustainable Agriculture, Irrigation, Crop Scouting
Public
Here is a group for growers of specialty crops to come together.
Interest:
Orchard Crops, Organic Specialty Crops, Tree Nuts, Crop Protection, Crop Scouting, Fertility, Soil Health, Sustainable Agriculture, Precision Agriculture, Ag Commentary, Marketing, News, Accounting and Bookkeeping, Ag Policy, Agribusiness, Farm Management, Farmland and Real Estate, Human Resources, Operating a Farm, Succession Planning, Taxes
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. As much, farmers and others are able to utilize Internal Revenue Code (IRC) Section 1031 in order to defer tax upon the disposition of farmland and acquisition of a “like-kind” piece of property... IRC Section 1031 allows a taxpayer to defer (not avoid) capital gains taxes realized upon the disposition of a property if the taxpayer replaces the property with a “like-kind” asset of equal or higher value. In order for the taxpayer to defer taxes, they must identify the new property within forty-five days of the disposition closing date and close on the new “like-kind” property within 180 days of the disposition closing date...
Categories: Ag Policy, Agribusiness
By Tyler Davis
Updated Jun 20, 2020
For sole proprietors, there is not an employer paying a portion of these payroll taxes (Medicare, social security) on their behalf. While a sole proprietorship is simple to establish, the negatives are personal liability and additional employment taxes... LLCs are very flexible in how they allocate income to partners and in how they report and pay income taxes... Rather, the members of the LLC are liable for paying their share of the taxes of the entity... Because the Corporation is a separate person, the C-Corporation is liable for paying taxes on their income each year...
Categories: Ag Policy, Agribusiness
By Tyler Davis
Published Mar 15, 2020
This means the capital gain taxes on the sale of your farmland can be avoided... Most retirement savings accounts are tax-deferred, meaning, the taxes are paid when the funds are withdrawn... One of the driving factors for where people retire is state taxes... For many retirees, they cannot afford to pay state taxes on top of normal federal taxes... Further, the Tax Cuts & Jobs Act of 2017 (LINK) (aka “Tax Reform) reduced the amount of state taxes that are deductible on your federal tax return...
Categories: Ag Policy, Agribusiness
By Tyler Davis
Updated May 13, 2020
Many taxpayers are surprised to find out that the IRS taxes hobby income. We all have hobbies. Yours might be painting, making unique juices, or growing flowers. Hobbies are an activity, or “side hustle” that is done mostly for pleasure rather than to profit... Farm – Why is the difference important for taxes?Before we discuss how the IRS differentiates a hobby versus a business, it is important to understand the tax consequences of a hobby versus a true, bona fide farming business...
Categories: Ag Policy, Agribusiness
By Tyler Davis
Updated Oct 29, 2020
Most farmers and ranchers have a decent understanding of tax depreciation. When a business purchases assets, the business entity is allowed to write off the value of the asset purchased over the life of the asset. Land, however, is not depreciable as the value of the dirt & minerals does not decrease over time like the value of structures, barns, fences, etc... One of the main questions taxpayers ask after a major purchase is “how much can I write off for taxes?” The answer can be very simple – usually, farm buildings are depreciated over 20 years... Usually, taxpayers save more in taxes during the first half of an investment to justify the up-front cost of a cost segregation study...
Categories: Accounting and Bookkeeping, Agribusiness
By Tyler Davis
Published Feb 12, 2020
The tax consequences of selling a farm or agribusiness should be at the top of the mind of every landowner... For the portion of the sale related to real estate and land, a farmer is allowed to do a Section 1031 exchange to defer paying taxes. Section 1031 allows a taxpayer to reinvest all of the proceeds in one or many properties and defer paying taxes on the gain... So, if you are an older farmer, a 1031 exchange can eliminate taxes on the sale of your farm if you reinvest the proceeds and hold the property until death. Additionally, taxpayers who inherit the property would also not have to pay taxes on the property involved in the 1031 exchange...
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... For example, if a severe drought makes the cost of food for livestock too expensive and the farmer's response is to sell off the livestock, then there is the potential ability to defer paying taxes on the gain recognized on the sale of those cattle... The second provision allows farmers who are in a federal weather-related disaster area to postpone taxes on excess sales of cattle or livestock for one year...
Categories: Ag Policy, Agribusiness
By Tyler Davis
Updated Aug 7, 2020
A common issue among landowners, both large and small, is vandalism occurring on the property. One of the most interesting stories regarding vandalism is a Florida farm-owner we know woke up in the middle of the night in the ’80s to the cartel landing a plane full of cocaine on his property without permission. In doing so, the plane ran over his fence & caused a ton of damage to the property... Depreciation of Replacement PropertyWhen a taxpayer receives compensation in excess of their basis in the property which has been stolen or destroyed, they can defer taxes by reinvesting the proceeds into a replacement property... When taxpayers purchase replacement property that far exceeds their basis in the damaged property, it might be advantageous to pay the taxes on the proceeds now to take a basis in the replacement property equal to the purchase price...
Categories: Ag Policy, Agribusiness
By Tyler Davis
Updated Sep 15, 2020
The Delaware Statutory Trusts (DST) is a newer investment vehicle that allows real estate property owners, including farmers and ag landowners, to purchase tenants in common ownership in passive investment properties. DSTs are separate legal entities and are becoming a more popular choice for Internal Revenue Code Section 1031 exchanges... This code section allows real estate investors to defer paying taxes on the sale of a property by reinvesting the sale proceeds into qualified “replacement” property... To fully defer taxes on the sale, real estate investors must purchase replacement property equal to, or greater than the sales price of the sold property. For example, if a real estate investor sold a property for $750,000 without any associated mortgage, the replacement property must be purchased for at least $750,000 to fully defer taxes...
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... However, excess business losses carried forward cannot offset Farming income on Schedule F which is subject to self-employment taxes...
Categories: Ag Policy, Agribusiness
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