Read expert tips on making the most of the tax benefits associated with your ag land and farmland loans.
In a recent article, we polled the tax experts for tips on making the most of the tax benefits associated with agriculture. Whatever type of agriculture you’re involved in, land is one of your most critical and necessary investments. The question is, are you really doing all you can to make the most of the tax benefits associated with your land in order to help manage your income? Farmers, like all businesspeople, need as many tax breaks as they can get each year to help make ends meet. We looked into some key tax benefits every farmer should consider, and recently spoke to two CPAs for their guidance and perspective. Find more on farmland loans, and the link to the full article for all the advice from the experts, below.