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 More
Financial Risk Management
Today’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.
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.