Tax deductions for equipment purchases
The IRS tax code Section 179 deduction is a way to reduce the total cost of new equipment and machinery by enabling the buyer to claim full depreciation in year one.
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Financial Essentials
Do you worry about money? Do you have a plan for retirement? Is the next generation going to be able to take on the farm? Are you protecting your family and business from unnecessary financial risk? No matter how successful your business is or what stage of life you’re in, no one is immune to financial stress.
Ohio Farm Bureau Financial Essentials aims to alleviate that worry through a series of free workshops and online resources developed to help answer those important questions. In collaboration with Nationwide, Farm Credit Mid-America, Wright & Moore and others, these resources can help guide your path to financial security for your family, farm and business.
Online and in-person webinars, plus additional resources
Ag Financial Wellness Webinar Series
Nationwide's series of educational webinars designed to help you better plan for and live in retirement.
Learn MoreEssentials in Retirement Planning
Insight and resources to help you prepare for expenses and manage your income in retirement.
Learn MoreEssentials in Financial Risk Management
Today’s business environment is as complicated as ever, and minimizing risk can be critical to long term success.
Learn MoreEssentials of Farm Transition Planning
Ensure your farming business is able to be transferred to the next generation.
Learn MoreFeatured Articles
3 life insurance options to secure your farm
Nationwide has solutions whether a beginning farmer, an established operation or if thinking about the future of the farm.
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Resources for Financial Success
Essentials of Securing Professional Services Helping prepare you, the business owner, in working with the professional service providers to give…
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Gifting as a tax management tool
Is gifting a good strategy to lessen your tax burden this year? Our friends at Wright & Moore tackle this topic to help you plan for the upcoming season of giving.
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Keep up with risk mitigation as farm size grows
Farmers today are increasingly adapting farm management strategies to integrate things like human relations and employee management.
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Getting started in ag? We can help.
The Growing Forward program gives young, beginning and small farmers a strong start.
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Basics of tax basis
How could the proposed STEP Act impact your farm? Our friends at Wright & Moore share all the important facts and some recommended actions.
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How to sell at a farmers market
Nationwide suggests tried-and-true tips and strategies that may improve odds for success and increase profitability at a farmers market.
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Prioritizing cybersecurity on farms
Protect your data by first recognizing its value, then work in secure hardware and systems.
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Manage your risk in 2021
The best way to protect against the unknown is with a sound risk management plan, said Mike Goins, Farm Credit Mid-America’s regional vice president for crop insurance.
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