Farm CPA Report

Farm CPA Report

Share this post

Farm CPA Report
Farm CPA Report
Can We Defer FARM Act Payments
Copy link
Facebook
Email
Notes
More

Can We Defer FARM Act Payments

We had a reader ask if we could defer FARM Act Payments

Paul Neiffer's avatar
Paul Neiffer
Oct 29, 2024
∙ Paid
2

Share this post

Farm CPA Report
Farm CPA Report
Can We Defer FARM Act Payments
Copy link
Facebook
Email
Notes
More
Share
Drone perspective of vineyard rows.
Photo by Matt Benson on Unsplash

Payments related to damage to crops such as receiving crop insurance proceeds can be deferred one year after the year of damage in certain situations. However, the proceeds must be related to damage and not price.

We had a reader ask us if they would be able to defer income recognition for one year.

Keep reading with a 7-day free trial

Subscribe to Farm CPA Report to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Farm CPA Report LLC
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More