Do’s and Don’ts of prepaying 2023 farm inputs

Input costs remain top of mind for producers as they cope with supply chain disruptions. With expenses expected to remain inflated in the new year, many farmers are looking to prepay for 2023 farm inputs.

Paul Neiffer with Clifton Larson Allen spoke with RFD-TV’s own Janet Adkison about what farmers should not do in making these purchases, and what farmers should do in making sure they can deduct those year-end purchases.

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