Ag Advantage

Not getting your tax refund as quickly as you would like? Check out the list below for four quick tips to help hurry the process along.

Keep Accounting Separate Understanding the financial strength of your trucking business is imperative to its ongoing financial success. To g..

The Tax Cuts and Jobs Act that has fueled changes in our most recent financial practices as tax professionals had many taxpayers excited to ..

The Qualified Business Income Deduction, or QBID, was the new deduction that had business owners in a frenzy during the 2018 tax season. Gen..

Is it actually important for everyone in the family to be in on the farm’s financials? Not everyone feels they have a “head for numbers” or ..

“A budget is telling your money where to go instead of wondering where it went”—Dave Ramsey What does a budget do for me? A budget is a farm..

Next to farmland that you own, your machinery is most likely the second largest investment that you make into your farm business. As such, i..

What is a partnership, and how is it taxed? A partnership is a flow-through entity, which means that the partnership’s income passes to the ..

In 1981, George T. Doran published a paper in Management Review that introduced SMART goals as a tool to improve the chances of reaching man..

IRS has announced in Notice 2019-17 an extension to the March 1 deadline for farmers who did not make estimated tax payments by January 15, ..

During a time of major changes to the tax laws and implementation of the Tax Cuts and Jobs Act (TCJA), many people are asking themselves if ..

In today’s ag environment, it is crucial to have a thorough understanding of your operation’s financials - past, present, and future - in or..

Mismatching information is one of the most common errors for which an employer will receive a notice from the IRS.  This is because the IRS ..

The government shutdown has been a topic of conversation for nearly everyone in the past few weeks. From national parks closing, health and ..

Why do farm operators need financial training? Financial management is a priority in agricultural business that often flies under the radar ..

The Tax Cuts and Jobs Act (TCJA), which was signed into law in December 2017, included significant changes to the tax code. These changes wi..