Farm Tax Q&A: Cleaning Up Complicated Business Structures

In this brief column we answer a burning question on our clients’ minds concerning farm tax issues. Question: It seems like our business structures have gotten out of hand with too many entities. What should we do? Answer: Many times there are serious gaps in the way...

Farm Tax Q&A: Net Operating Loss

In this brief column we answer a burning question on our clients’ minds concerning farm tax issues. Question: When is it advantageous for me to realize a net operating loss in my farming operation? Answer: With much of agriculture expected to experience a drop in...