Search
Displaying 71 - 80 of 447
October 28, 2013
Risk Management Strategies
implied by the author or any other party. Each farmer must … option.
Crop growers and others will find that understanding … http://www.agmanager.info/events/RAM/2014/default.asp …
March 25, 2014
Risk Management Strategies
implied by the author or any other party. Each farmer must … MYA price for corn and the other crops were
then reduced … of the programs over the other. One
might think it is …
2018 Extension Outlook Conference
and intensity of
extreme events
• Changing trends in … stress to agriculture and other
natural resources
Vision … livestock (quantity/quality)
• Other issues?
https://hprcc.unl.edu/maps.php?map=ACISClimateMaps
GDD …
January 1, 2013
Land Leasing
Forms
express permission of the other party unless
allowed as … livestock, feed and hay and/or other shared expenses
whenever … jointly owned livestock or other property will be
divided …
April 6, 2018
KFMA Newsletters
4
Standard Deduction
The standard deduction was increased to $24,000 for married taxpayers and to $12,000 for single taxpayers for tax years
2018 to 2025. This will decrease taxable income by $11,000 for a married couple ($5,500 for a single taxpayer) when
compared to the old law. This increase will make it more difficult for a taxpayer to itemize deductions. See line 40 of
your 2017 Form 1040.
Itemized Deductions
In addition to the increase in the standard deduction (which makes itemizing deductions much more difficult under the
TCJA), several significant changes were made to itemized deductions for tax years 2018 through 2025.
The change that seems to have generated the most discussion (and confusion) is the $10,000 limit on deductions for
home real estate tax, non‐farm personal property tax, and state income tax or local sales tax. See lines 5‐8 on your 2017
Schedule A (if applicable). This does not impact the deduction for real estate tax paid on agricultural land or personal
property tax paid on farm business property.
For tax years 2018 through 2025, you will not be able to deduct mortgage interest paid on home equity loans (loans not
for home purchase or remodel). Additionally, the amount of mortgage interest you can deduct may be limited if the
mortgage was incurred before December 15, 2017 and the balance is greater than $1,000,000. For loans beginning after
December 15, 2017, your mortgage interest deduction may be limited if the loan exceeds $750,000. See lines 10 and 11
on your 2017 Schedule A (if applicable).
Prior to the TCJA, the deduction for charitable contributions of cash was limited to 50% of adjusted gross income.
Contributions beyond this limit were carried forward and could be deducted in future years. The TCJA increases this
limit to 60% of adjusted gross income. However, the TCJA eliminates any deduction for mandatory contributions to
university funds that give you seating preference (such as KSU’s Ahearn Fund). See line 16 on your 2017 Schedule A (if
applicable).
Miscellaneous itemized deductions, which are subject to a 2% of adjusted gross income floor, will no longer be allowed.
This includes, among other things, unreimbursed emplo …
May 7, 2021
Ag Law Issues
it’s important to remember other proposals that are on the … no gain until a triggering event occurs. Proposed I.R.C … be an income
recognition event. It simply is not clear …
May 11, 2016
Precision Ag and Technology Articles
… ing the value of data. In particular, the
prevalence of farmers and service providers creating printed maps from yield, soil, and other data as the
ultimate us … that relationship (assuming some level of utility
maximizing behavior). Some landowners view their investment just as that, an investment, and value the
revenue stream only (i.e. profit maximizing). Others would enjoy telling their …
August 23, 2018
the expected expenditures.
Other programs are only a very … amount of revenue loss in the event of low county yields or low …
September 14, 2018
Animal Health
September 2018
When events impacting animal health occur … financial implications of events that impact animal health … consumer sentiment about such events. If players in the animal …
September 1, 2011
KFMA Newsletters
depreciation property, on the other hand, must
be placed in … decreased in recent years, as other
crops have become more profitable … labor, land, interest, and other. The
machinery cost category …