April, 2011

If the Bubble Busts, How Long to Recover

By: | Trackback URL | 1 Comment

April 28th, 2011

There has been a lot of talk lately in the press about whether farm land prices are entering a bubble phase similar to farm land in the early 1980’s or tech stocks in the late 1990’s. I decided to take a look at farm land prices for good Iowa farmland from 1950 to 2010 and […]

More

Don’t Taint Your Farm Building

By: | Trackback URL | No Comments

April 27th, 2011

We had a reader ask the following question: “Does a construction company putting up a building get the same 100% bonus depreciation for 2011 like is on Ag buildings” The quick answer to this is “no”.  A construction related building is not considered to be 20 year property and therefore is normally depreciated over 39 […]

More

It’s Total Farm Compensation – Not Wages – That Counts

By: | Trackback URL | No Comments

April 25th, 2011

I think that every farm operation should have an employment contract with each of their farm employees including all family members employed in the farm operation.  As part of this document, there should be an exhibit that outlines the total compensation package to each employee.  Most farm operations offer much more than a wage such […]

More

Deduct Your Tiling This Year

By: | Trackback URL | 2 Comments

April 11th, 2011

We got the following question from one of our readers: “IF A TENANT TILES OUT LEASED FARMLAND CAN THE TENANT DEDUCT THE COST OF THE DRAINAGE TILE AND LABOR DURING THAT TAX YEAR ON SCHEDULE F?” 2011 provides a great opportunity for either an operating farmer or landlord to put in new tile and deduct […]

More

Goodbye Pesky New 1099 Reporting

By: | Trackback URL | No Comments

April 6th, 2011

As we have posted here several times, last year, a new law was put into place that required reporting of all transactions over $600 to any vendor in a year.  This included paying gas to the local coop, buying your fertilizer, etc. Yesterday, the Senate passed a bill which President Obama is expected to sign […]

More

Subscribe to this blog by:

Previous Posts

Events

View upcoming speaking engagements and other networking events for Paul Neiffer and CliftonLarsonAllen’s agribusiness team.

See All

  • Twitter Feed

    I hope KC does not waste all their hits tonight 3 days ago

    Nothing better (for a farm boy) pic.twitter.com/DUShoT5cpF

    6 days ago

    If you have higher yields or go all corn for the 2014 crop year consider ARC-IC. It may more than offset base acre penalty 1 week ago

    Presenting two farm bill seminars today. Dayton and Walla Walla 1 week ago

    Netflix down $110 in after hours trading. Sign of momentum stocks going flat? 2 weeks ago

    Getting ready to go to LA to defend my son and I APU Alumni golf tournament victory last year. I may have to carry him again 2 weeks ago

    Everybody worried about bubble in land market. They should worry about stock market bubble 2 weeks ago

    77 degrees on October 8. Perfect. 3 weeks ago

    Somehow IRS listed several counties in Iowa as drought stricken. Hard to believe after all the rain this year 4 weeks ago