To calculate your net loss, you must first know which expenses are deductible. Generally, any expense that is both “ordinary and necessary” for running your farm can be deducted. An ordinary expense ...

ST. PAUL -- Year-end tax planning for calendar year 2008 is upon us, and prepaid farm expenses are one area of concern for many farm operators as they execute year-end tax planning strategies. If you ...

If you are in the business of farming, there are a number of tax issues that you should consider before filing your federal tax return. The IRS has compiled a list of 10 things that farmers may want ...

Add Yahoo as a preferred source to see more of our stories on Google. Haley Zynda Gas is over $4 per gallon, diesel more than $5. March corn is $7.57 and beans are $17.45. July wheat actually came ...