Sitemap - 2025 - Farm CPA Report
FBA Payment Rates Are Announced
We Wish Everyone a Happy New Year
2026 Auto Mileage Rate is Announced by IRS
Can You Transfer a Solar Tax Credit
December MYA Numbers Raise Estimated National ARC/PLC Payments by about $550 Million
Will You Have to File a Gift Tax Return for a Trump Account Contribution
IRS Provides Limited Relief for Estimated Taxes for Sale of Farmland
When Will Marijuana Retailers Get Tax Relief
What is Extra Payment for SDRP 1 Versus SDRP 2
A Table of Farm Specific Code Sections
Ag Banks Seem to be in Good Shape
Paul was on AgriTalk Discussing the new FBA Program
We Update Our FBA Payment Estimates
When Will Increased Base Acres be Implemented
Will Every State Elect Into New Scholarship Program
IRS Provides Some Guidance on Trump Accounts
What is the SDRP Stage 2 Payment Limit
What Might 2026 FBA Payments Look Like
Likely Need to Have at Least a 5% Yield Loss to Collect SDRP Stage 2
What Might the SDRP Top Up Look Like
FSA is Using Higher of Projected or Harvest Price
How are They Calculating Stage 2
Updated Calculator for Negative Numbers
Crop Share Update for SDRP Stage 2 Calculator
FarmDoc Daily Posts Additional Details on 2025 ARC and PLC
Happy Thanksgiving to Everyone
Tax Court Again Rules Farm in a Hobby Loss
2026 Medicare Adjustments Are Released
IRS Makes it Clear - Farm Overtime Does Not Qualify for New Deduction
IRS Releases Guidance on New Bank Loan Interest Deduction
Midwest Farmland Values Actually Up in Third Quarter
How Do Our 2025 ARC/PLC Estimates Compare to University of Illinois Estimates
SDRP Stage 2 Announced - Signup Begins Next Monday
About a $2 Billion Dollar Drop in Estimated 2025 ARC/PLC Payments
IRS Announces 2026 Retirement Plan Inflation Changes
Make Sure Your Captive is for Insurance Reasons not Tax Reasons
Can I Defer the Tax on Selling Farmland
More Details on Cash Balance Plans
Additional Guidance on Electronic Payment Requirements
A Proposal Providing a Two-Year Extension of ACA Enhancements is Introduced
Can You Defer SDRP Payments to 2026
How Would You Like a 63.2% Tax Rate
The Trump Account May Be Better Than Originally Thought
Crop Insurance Payments for Corn and Soybeans Likely Small This Year
Don't Forget to Renew Your PTIN
2026 Social Security Wage Base Increases to $184,500
IRS Provides Transition Relief for Reporting Car Loan Interest
A CRT May Help with Retirement Taxes
Stage 2 Farmers Will Not Get More than Stage 1 Farmers
Bill Introduced to Eliminate 2025 ARC and PLC Payment Limits
What Might SDRP Stage 2 Look Like
Should You Consider a Cash Balance Plan
Will ACA Enhanced Subsidies Really Lead to 340,000 Lost Jobs
Senate Bill May Increase Your Tax Prep Bill
Should You Switch to an S Corporation
IRS Announces Inflation Adjustments for 2026
Guidance on Rural Opportunity Zones
What About a Reverse 1031 Exchange
Farmer's H-2A Costs to Drop by up to $2.5 Billion Per Year
PLC Likely 95% of 2025 ARC/PLC Payment
You Can Save a Dollar on PTIN Renewal
A Webinar on 2025 ARC/PLC Payment Calculations
USDA Increases ECAP Payment to 99%
A Bill is Introduced to Allow More Workers to Qualify for the Overtime Deduction
Additional Farm Tax CPE Option
Extended Relief for Livestock Producers Affected by Drought
Tip Deduction Proposed Regulations are Released
Will We Receive More Than One Payment Limit for Our LLC
Schedule 1-A Draft is Released
USDA Announces $1 Billion for Flood and Wildfire Relief for Livestock Producers
Projection of 2025 ARC/PLC Payments Updated for September WASDE
What Does Payment Limits Mean for LLCs
How Will Base Acres Look in 2026
An Opportunity to Learn in 2026
An Article on Soil Nutrient Deductions
What is Section 179 Limit for 2025
IRS Issues Guidance on Tip Occupations
Max of 2025 ARC-CO or PLC National Payments
How Much is My 2024 ARC Payment
A Review of 2025 Estimated ARC & PLC Payment Calculations
No More Paper Checks for Tax Payments
Looks Like Form 1-A will List the new OBBBA Below the Line Deductions
IRS Grants Relief on Filing Certain Partnership Forms
A New Safe Harbor for Farm Wind and Solar Projects
Expect a Healthy Increase in ACA Premiums in 2026
There is no Deduction for Harvest Meals Starting January 1
Updated Extra PLC 2025 Payments
Be Careful on Portability Election
Today's WASDE Report Might Lead to Extra $3.6 Billion of Ag Payments
New Section 1062 Saves About 16% on Taxes
What Do You Mean I Can Deduct My New Winery
Watch Out for "Buying" Tax Credits
Almost $1 Billion of SDRP Payments Have Been Disbursed
Does Solar and Wind Projects Really Need Tax Credits
Remember than FSA-510 is on MFS basis not MFJ
Tell Your Farm Employees They Don't Qualify for Overtime Deduction
Farmers to See Very Little Benefit From New Bank Deduction
No SDRP Payment on Price Decline Only
What is My Projected SDRP Payment
All Farm Overtime Will Likely Not Qualify for Employee Tax Deduction
Supplemental Disaster Relief Program Signup Likely to Start this Week
Webinar on the Farm Provisions in the Big Beautiful Bill
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
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
K-2/K-3 Exceptions are Expanded
A Poll on some of the House Versus the Senate Tax Provisions
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
FSA Provides Update on Average Gross Income
Will a Floor on Corn PLC Really Reduce PLC Payments to Farmers
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
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"
How Might Section 199A Work Under House Proposal and the Rate is Now 23%
House Ways and Means Committee Releases Some Tax Law Details
$7.3 Billion of ECAP has Been Paid
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
Watch Out For Legal Entities for Extra Payment Limit
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
You Made it to Another Tax Day
Get Ready For Changes to TCJA Not an Full Extension
Is Another Trade Bailout Coming to Farmers
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
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
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
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
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
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
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
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