Sitemap - 2025 - Farm CPA Report

Base Acre Update Occurs for 2026 Crop Year

What is Maximum National Average PLC "Extra" Payment

The One Big Beautiful Bill Made it to the Finish Line

Try Not to Die in Washington

Paul Was on AgriTalk

Get Ready for a 45.5% Tax Bracket

Supplemental Disaster Relief Program Will Begin Next Monday July 7

Perhaps There is Only An Extension of Tax on Gain of Farmland

Will The Protecting American Farmlands Act be part of the One Big Beautiful Bill

SSA Estimates 2026 Wage Base at $183,600

Watch Out for AI

K-2/K-3 Exceptions are Expanded

A Poll on some of the House Versus the Senate Tax Provisions

OMB Not CBO

Supplemental Disaster Relief Program Signup May be a Few Days Later

How Much SALT Do I Get in 2026

Summary of Key Tax Changes from Senate Finance Committee

Table Comparing House and Senate Ag Proposals

An Act is Introduced to Bump Section 2032A to $15 Million

Corn and Soybean EFR Might Go Up Afterall

Key Details on Senate Ag Proposals

Will We See a Cotton Production Credit

Finally, the IRS has a Code for QCD

When are Wages From a Family Corporation Considered Farm Income

Update on SDRP Calculator

FSA Provides Update on Average Gross Income

Will a Floor on Corn PLC Really Reduce PLC Payments to Farmers

What About Rice

SDRP Calculator

What About Soybeans

2023/24 ELRP Details Released

What About Corn

2025 Wheat ARC or PLC, Which is Better

Most Crops Get Bump in 2025 ARC Benchmark Price

A Poll on One Big Beautiful Bill

We Have a Bill - But Now Onto the Senate

Update on MASC and SDRP aid

What 2025 Effective Reference Prices May Look Like

Maybe 2023 and 2024 Disaster Aid is on Yield Only

How 2023 and 2024 "ERP" Might Work

FarmdocDaily Provides a Good Recap on House Ag Proposals

Roger McEowen and I Discuss the "Big Beautiful Bill"

What is Not Included in the "Big, Beautiful Bill"

Is PTE Dead?

House Ag Proposals

How Might Section 199A Work Under House Proposal and the Rate is Now 23%

Final House Proposal on Taxes

House Ways and Means Committee Releases Some Tax Law Details

$7.3 Billion of ECAP has Been Paid

Details on Farm Emergency Aid

Overtime Tax Proposal Looks Fairly Benign

Farm Debt at Ag Banks Climbed Last Year

IRS Releases 2026 Inflation Adjusted HSA Limits

2025 Nationwide Tax Forum is Now Open for Registration

USDA to Issue Another $1.3 Billion Under MASC

Link and Dates

Watch Out For Legal Entities for Extra Payment Limit

Summer CPE Options

A Webinar on How Section 1031, 721 and 453 Work for the Sale of Your Farm Assets

$6.74 Billion of ECAP Has Been Issued

Expect a Four-Year Cliff on New Trump Tax Cuts

As Expected, IRS is Removing Basis Shifting Regulations Issued in January, 2025

You Can Check the Payouts for ECAP Online

Limited Penalty Relief for Micro-Captive Filers

Paul Was On AgriTalk

You Made it to Another Tax Day

Turmoil on SALT Deduction

Get Ready For Changes to TCJA Not an Full Extension

Is Another Trade Bailout Coming to Farmers

One Week to Go

Another Reason to Fund an IRA

FSA Continues to Update Handbook 6-PL for ECAP

IRS Provides Updated Guidance on ERC Issues

FSA Has C Corporation Gross Income Correct

April 15 is ARC/PLC Final Decision Date

Can We Believe the FSA Handbook

How Are Single Member LLC Reported For ECAP Payment Limits

Interim Guidance on BOI is Released

ECAP Allows for Increased Payment Limit Based on Gross Revenues not AGI

A Spreadsheet to Help with Revenue Reporting for ECAP

GP and JVs are now "Legal Entities" for ECAP Purposes

Are You Ready for C-SALT

Additional ECAP Information

Finally, ECAP Details are Released

Get Ready to be Swamped With Farmer's Revenue Letters

Will Taxes Be Eliminated if Income is under $150,000

March 21 is Slip Sliding Away

Nine Days to Go

Republicans Reach Unveil Stopgap Bill to Keep Government Funded Through September 30

Will 100% Bonus Depreciation be Retroactive to January 20, 2025

Farmers in Five States Do Not Need to File Before May 1

You May be Owed Some Social Security

No Enforcement of BOI for Domestic Entities or US Citizens

The Teeter Totter Swings the Other Way on BOI

Ag Forum Predicts Lower Prices for all Major Commodities

Paul on Agri-Talk

March 1 Farmer Filing Option May be Later

House Passes Budget Resolution But Will it Tank the Farm Bill

You are Worth Less Than You Think

Higher Interest Rates Lead to More CRT Funds to a Farmer

March 21 is Now the Deadline to File BOI Reports

Another BOI Injunction Bites the Dust

BOI Extension to January 1, 2026 Introduced in the Senate

Paul Was on AgriTalk

Seventh Federal Reserve District Only Sees an 1% Drop in 2024 Farmland Values

House Budget Bill Authorizes up to $4.5 Trillion of "Tax Cuts"

Bill to Disallow Deductions for Marijuana Businesses is Introduced

Senate Budget Proposal Cuts USDA by $1 billion

Largest Ad Hoc Payments Since 2020 Push 2025 Estimated Farm Income to Second Highest n Last 25 Years

Automatic 30 Day Extension on Any Possible BOI Reporting

How Might Congress Pay for Extending the Trump Tax Cuts

US Farmers are More Optimistic Than a Six Month Ago

How Much can Tariffs Increase the Deficit

Where do I Report De Minimis Sales

Paul Was on AgriTalk

Will You Have to File a BOI This Year

FarmDoc Daily Releases Their 2025 ARC/PLC Tool

In-Person Peer Group for Farm CPA Firms Ready to Expand

Be Careful What You Wish For

Still Don't Have to File BOI Reports

Get Ready to File Your BOI Report (Again)

Will Farm to Fly Provide Any Value

Maybe There is $2 Trillion of Cost Savings

What Might 2026 Reference Prices Look Like

What are the Key Prices for 2025 ARC

What Does it Look Like for Soybeans

Weighted Average Likely to Apply

USDA Releases Guidance for CI for Certain Farm Practices

Is My State Tax Refund Taxable?

There Appears to be no AGI Limit for Economic Aid

IRS Issues 45Z Proposed Regulations That Essentially Say Nothing

No January 13 Deadline for BOI Reports

Link to Ag Economic Analysis

Additional Analysis on New Ag Economic Assistance

Just a Reminder You May Grow Specialty Crops

USDA Increases Funding for New Specialty Crop Program

The Rural Tax Professional Shortage

Will Disaster Aid Penalize Farmers Who Elected Higher Coverage Levels

More Analysis on Economic Assistance for Farmers