Farm Accounting & Taxes
A recent Wyoming Supreme Court ruling reminds farmers and ranchers that disputes over land access are, ultimately, disputes over property rights.
A Ninth Circuit ruling says federal sovereign immunity does not automatically bar ranchers from enforcing state-adjudicated water rights.
Farm Legal expert Roger McEowen says oil-and-gas royalty deductions can depend on the lease’s specific language and the circumstances surrounding the gas sale.
Firm to Farm: Kansas Supreme Court Clarifies the Marketable Condition Rule for Natural Gas Royalties
Cooper-Clark highlights a key lesson for producers and royalty owners: in oil-and-gas royalty disputes, lease language and marketing facts are crucial.
Gov. Jim Pillen says his plan would broaden the sales tax base without taxing farm equipment.
Farm CPA Paul Neiffer discusses the expected 2027 annual gift tax exclusion, common misunderstandings, and ways farm families can use the exclusion in their planning.
The government should exercise humility before imposing costs on an economy as complex as American agriculture. The 2026 greenhouse-gas regulatory rollback reflects that shift.
A Handshake Deal and a $16.5 Million Tax Bill: Why the IRS May Not See Your Farm Loan the Way You Do
Farm legal expert Roger McEowen shares a recent court case illustrating how informal loans can create major tax issues for farms and ranches in the eyes of the IRS.
Paul Neiffer says ranchers affected by drought-related livestock sales may have more time to reinvest proceeds if their county is on the IRS drought list.