Dec 22, 2022
We're kicking off our farm transition series! This series will walk through the topics in the "Cultivating Your Farm's Future" workbook, created by University of Wisconsin- Madison Division of Extension. We're very grateful for the use of this resource and hope you will find it beneficial. This first episode of the...
Nov 23, 2022
Ashlee Westerhold joins me to discuss the upcoming Farm and Ranch Transition Conferences and to give us an update on the Office for Farm and Ranch Transition. The upcoming conferences are:
Dec. 13th- Colby, KS
Dec. 14th- Salina, KS
Dec. 15th- Erie, KS
For more information, check out the link below. Scholarships...
Nov 8, 2022
KFMA members often ask us questions about 1031 (or like-kind) exchanges. There are lot of things to remember when completing a 1031 exchange to make sure you're not surprised by a large tax bill. In this episode we are joined by Clay Simons, KFMA South Central Executive Economist, to discuss the rules surrounding...
Oct 26, 2022
There's been a lot of uncertainty in the economy over the last couple years. Many producers are concerned about the rising costs of inputs and interest rates. We sat down with Dr. Brian Briggeman, professor in the agricultural economics department at K-State, to discuss inflation, interest rates, and what businesses can...
Oct 14, 2022
In September we covered various tax planning strategies for high income years. Dillon Rapp joins us again to discuss tax planning strategies for low income years. We cover ways to increase income or decrease expenses and why it is important to avoid net operating losses.