Net farm income is projected to rebound this year with a 30% increase over 2024, largely fueled by disaster and economic government assistance.
Farm CPA Paul Neiffer spoke with RFD-TV’s own Suzanne Alexander on the dramatic jump, the sectors impacted, and the big takeaway for producers.
Related Stories
Starting February 1, 2025, new regulations take effect that will expand the HPA to all breeds of horse and all types of horse events, including 4-H events.
Farm CPA breaks down the $10 billion in direct assistance for farmers from the Continuing Resolution
“You just need to wait a little bit.”
Rural areas across the United States are experiencing significant shortages of attorneys, CPAs and other tax professionals, creating “legal deserts” that hinder farmers and ranchers’ access to essential business services.
Before you turn the calendar to 2025, take a few moments to think through a few important tax planning matters for your farm or ranch.