2020 is shaping up to be one of the most interesting tax years in a long time. Between USDA payments, PPP funds and everything in between, it will be critical for farmers to stay up to date on projected year-end numbers to avoid an unpleasant tax surprise. Dario Arezzo illustrates the importance of situational awareness this tax year.
The Coronavirus Food Assistance Program was designed to help compensate farmers for the market disruptions that occurred in the early stages of COVID-19. Read about the program and two notable exceptions for Northeast apple and potato growers.
There are many reasons to begin your farm business succession plan, especially as you approach your “golden years.” While difficult decisions may be involved, Farm Business Consultant Jon Jaffe explains that making those decisions is often better than doing nothing at all.
The dairy industry has been impacted by many factors during COVID-19, but perhaps the largest is the uncertainty in milk price. Gregg McConnell explains some basics about milk price, Producer Price Differential and producer premiums.