Acreage Planning Software

• • • • • • • • • • • • • • Red River Farm Network News Trump Touts Tax Bill — Flanked by Republican congressional leaders, President Donald Trump celebrated the tax reform bill Wednesday and agriculture got attention in the Rose Garden event. “One thing very important for the farmers, the great farmers and the great small business owners that were forced to sell their businesses at bargain basement numbers. We have provided, for the most part, estate taxes wiped out so they can keep their farms in the family. That’s a big factor.” The tax bill reduces the corporate tax rate from 35 percent to 21 percent. It includes immediate expensing and expanded Section 179 deductions. Tax Reform 'Good for Cattle Producers' — What does the tax bill mean for the livestock sector? National Cattlemen’s Beef Association Director of Government Affairs Danielle Beck says the tax reform package is good for those raising cattle. “Cash accounting and expensing provisions, like bonus depreciation and Section 179, are all being expanded.

We weren’t able to get to full repeal on the death tax, but the exemption rate is doubled. That will be around for eight years.” In an agreement between the House and Senate, producers are able to continue deducting interest without restrictions. In exchange, they will have to give up 100 percent bonus depreciation.

'If you look at how the final bill was negotiated, the package maintains a small business exclusion of $25 million gross receipts for a three year average.' RRFN Series: Tax Planning — North Dakota State University Extension Ag Economist Ron Haugen has been featured in a series of tax management reports on the Red River Farm Network. “ is a perk some farmers have.

It allows them, if they have a higher tax liability, to take it back to years where they had lower liability. There’s also income averaging for North Dakota as well. That’s one thing you could use to make income and expenses more even.” Haugen says crop insurance and disaster payments can be deferred into the next year. “You do need to prove you’ll be selling those crops in the next tax year. Lucent General Knowledge In Hindi Pdf Free Download 2013 here. There’s a procedure to go through.

There is also a livestock deferral for ranchers who have been forced to sell some of their herd.” The series also includes input on, and. Attention Now Shifts to the Farm Bill — South Dakota Representative Kristi Noem describes the tax bill as “a big win” for South Dakotans. Noem was a member of the House-Senate conference committee and had a role in shaping this legislation. In a media briefing, Noem said her attention now shifts to the farm bill. “I’ve already turned in my proposals and changes I’d like to see enacted in the next farm bill. Some of them have to deal with the ARC payments and how the program operates.

This layout shows you how to be completely self-sustained on as little as two acres. Now, this may be less than what you have or way more. Either way, you can adapt a lot of the ideas to fit your land to utilize it to the best of your ability. Personally, I like this plan because it shows you where to place items and how much of it. The 2nd #REX Online Farm Planning Program will allow you to create your farm plan over 10 weeks with Darren J. Doherty and the Regrarians® Team. Contact us about Environmental Specialties. McElhanney delivers excellence in multidisciplinary environmental consulting, through timely and. WM-Subsurface (formerly known as Farm Works Surface) is farm drainage software that works with the Trimble® WM-Drain™ farm drainage solution. “The software is able to track exactly how much slope is on the pipe, and how many acres are coming in each line, so I am able to do a very accurate job of sizing the.