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.
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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.
RFD-TV Legal Expert Roger McEowen with Kansas’ Washburn School of Law breaks it down in his latest Firm to Farm blog post.
Legal issues can arise for farmers and ranchers when conducting business informally or in another state. RFD-TV Ag Law & Tax Expert Roger McEowen explores both topics in his latest Firm to Farm blog post.