There is a new tax code allowing farmers to defer paying income taxes related to the sale of farmland.
Farm CPA Paul Neiffer spoke with RFD-TV’s Tammi Arender about some of the details, how this will benefit producers, and missing payments.
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Agricultural exports continue to be a key contributor to rural employment. However, rural businesses still struggle to fill numerous job openings.
Farm debt is climbing to record levels at ag banks, reflecting pressure on crop producers’ finances even as livestock and land values lend stability to the sector.
Farm CPA Paul Neiffer joins us to provide an updated analysis of projected ARC and PLC payments and potential delays due to the ongoing government shutdown.
Jeramy Stephens, with National Land Realty, says that despite today’s economic headwinds, farmland remains a resilient asset — and understanding local conditions is key to making sound decisions.
Under this agreement, SCDA will administer a program covering infrastructure and timber losses, as well as future economic and market losses.
Livestock and government payments provide a boost, but crop receipts and rising expenses keep pressure on margins. Strong financial planning remains key in a volatile environment.