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.
Read MoreToday’s business environment is as complicated as ever, and minimizing risk can be critical to long term success.
If you’re new to the business and financial side of the operation, today’s rapid changes can come at you quick. Developed for beginning, new, or evolving operations, these resources can help point you in the right direction.
In collaboration with Nationwide, Farm Credit Mid-America, Wright & Moore Law Co. LPA, independent financial advisers and county Farm Bureaus across the state, Ohio Farm Bureau is delivering a series of workshops designed to help guide your path to financial security for your family, farm and business. In person events will be scheduled throughout the year. See below for event dates. If no events are listed, then no workshops are scheduled at this time.
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No matter the advice you receive as a farmer, there is usually one core tenet: communication. Reaching out to the various members of your farm’s team — from your agronomist to your crop insurance agent — continues to be a key way to ensure your operation’s success. This is especially true when it comes to working with your lender.
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.
Read MoreNationwide has solutions whether a beginning farmer, an established operation or if thinking about the future of the farm.
Read MoreEssentials of Securing Professional Services Helping prepare you, the business owner, in working with the professional service providers to give…
Read MoreIs 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.
Read MoreFarmers today are increasingly adapting farm management strategies to integrate things like human relations and employee management.
Read MoreThe Growing Forward program gives young, beginning and small farmers a strong start.
Read MoreHow could the proposed STEP Act impact your farm? Our friends at Wright & Moore share all the important facts and some recommended actions.
Read MoreNationwide suggests tried-and-true tips and strategies that may improve odds for success and increase profitability at a farmers market.
Read MoreProtect your data by first recognizing its value, then work in secure hardware and systems.
Read MoreThe 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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