Farm Income Statement & Tax Issues for Farmers
Farm Income Statement
Learn about the components of an income statement, the uses of an income statement and the differences between cash flow and profit.
- Developing an Income Statement
- Using Enterprise Budgets in Farm Financial Planning
- Quicken for Farm and Ranch Financial Records
Tax Issues for Farmers
Learn about income tax management, tools to level taxable income, depreciation options, ordinary income versus capital gain and farm losses and tax treatment.
Rules and Tax Management
Follow along with the Tax Issues for Farmers: Rules & Tax Management PowerPoint presentation.
Follow along with the Tax Issues for Farmers: Depreciation Tools PowerPoint presentation.
Beginning of the Year Tax Planning
Tax Cuts and Jobs Act 2017
Income Tax Update