Each year, your perennial crop insurance policy will renew by November 20. It is important to meet with your agent each year, prior to this date, to ensure accuracy and alignment in your risk management goals.
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Filing farm taxes doesn’t have to be confusing. The IRS requires you to report all income unless specifically excluded, and only deduct expenses that are both ordinary—common in farming—and necessary—helpful for your business. Understanding these basics can save you time and stress.
October 27, 2025
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Dairy Revenue Protection (DRP) is a valuable tool to help dairy farmers mitigate the risks of the dairy industry, including market fluctuations, weather conditions, and production variables. By offering robust, flexible and affordable program options, DRP helps to stabilize incomes and support the sustainability of dairy operations.
June 11, 2024
With many taxpayers having filed their 2023 taxes, refunds are appearing in their bank accounts. There may be a question of what to do with these funds. Particularly for those in states that had an expansion of refundable credits generated from farm businesses.
May 29, 2024
Simply defined, liquidity is having cash or assets on hand to pay bills and expenses. Liquidity is particularly important in agriculture given the unique risks – from fluctuating commodity prices and weather volatility to regulatory constraints — along with the financial characteristics of agricultural businesses, including seasonality, family living needs and capital investment considerations.
May 21, 2024
May is Mental Health Awareness Month, which is a good time to check in on your own mental wellbeing and that of your family, staff, and loved ones.
May 14, 2024