Today's Harvest

Where Agriculture Means Business

Today's Harvest

27
Oct

Tax Planning Considerations for Paycheck Protection Program Recipients

October 27, 2020

By: Dario Arezzo

One of the major questions for tax planning season has been whether expenses paid with a Paycheck Protection Program loan that is forgiven will be deductible. Senior Tax Consultant Dario Arezzo discusses possible examples and outcomes.

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Posted In: Tax Talks

Tags: legislation, payroll management, payroll, tax planning, taxes
20
Oct

Five Things to Consider when Starting a New Ag Business

October 20, 2020

By: Samantha Stoddard

Understanding the opportunities and obstacles before beginning a new business is key to success. FarmStart advisor Samantha Stoddard dives into critical questions entrepreneurs should ask themselves before making the leap.

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Posted In: Business Tips and Tools

Tags: FarmStart, business management, business planning, risk management
15
Oct

Happy 'Get Smart About Credit' Day!

October 15, 2020

By: Jason Hoagland

Today is Get Smart About Credit Day! Senior Loan Officer, Jason Hoagland, prepares you for the loan application process by going over the 5 Cs of credit: Character, Capital, Capacity, Conditions and Collateral.

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Posted In: Business Tips and Tools

Tags: balance sheet, business management, cash flow, expenses
6
Oct

Optimizing Special Depreciation for your Orchards

October 06, 2020

By: Dario Arezzo

2020 is shaping up to be a potentially high-income year for some farmers across the country, especially given the latest round of Coronavirus Food Assistance Program (CFAP) payments. One tool that will likely come into play for fruit growers this year is the ability to depreciate 100% of the cost of new orchards.

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Posted In: Tax Talks

Tags: financial management, fruit & vegetables, fruit production, legislation, production, taxes, tax planning