What You Need to Know About Hiring Workers: How to Start Your Business on Payroll
As farm families across the Midwest get busier each year, the need for part-time, hired help becomes prevalent. However, it’s not as easy as [...]
Building a Successful Soybean Budget
Farming in the modern era is a skill that must balance biology and agronomy with cost and markets. Thus, it’s important to understand what [...]
A Farm Business’ Guide to 1099 Forms
It is important to understand the different 1099 forms as they are a necessary component of tax planning and preparation.
Three Tips for Successful No-Till
2021 could bring a lot of discussion about increasing the number of soybean acres because of profitability factors, logistics, etc. This change in crop [...]
Sowing the Seeds in Water Management
Perhaps farmers have been facing their most challenging decade ever. Water management has been an important issue that is discussed globally. The critical nature [...]
What Should My Adjusted Gross Income Be?
Each year taxpayers have the opportunity to work with their tax preparer to craft a year-end tax plan that provides a desired tax liability. [...]
Soil Erosion
Illinois soils are some of the most fertile and desirable soils in the world. Soils—comprised of minerals and organic matter—are heavily influenced by climate [...]
Finding Ways to Connect With Technology
Farmers rely on new ag technologies to provide efficiencies and advantages needed to grow crops profitably. Agtech companies rely on farmers for input and [...]
End of Year Deadlines at the FSA Office
For most, the 2020 harvest has come to an end and now it’s time to quickly complete all the year-end tasks. It’s important to [...]
Depreciation: Starting with the Basics
Depreciation is a term you’ve probably heard your accountant use fairly often; understanding its full meaning and financial implications is important to make strategic [...]