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2023 Income Tax Updates for Farmers and Ranchers

In this Center for Ag Profitability webinar, Nebraska Farm Business, Inc. Director Tina Barrett reviews tax considerations that farmers and ranchers should be thinking about this year as we get closer to closing out another year. Topics covered include crop insurance, deferral options for livestock sales, potential law changes on the horizon and more. 

Source : unl.edu

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The Democrats taking control of Congress and the Senate was not on anyone’s bingo card except ours!
The AI stock selloff knee jerk reaction over Dem’s looking to slow done the AI build out is a gift!
The Dems will now try to reign in Trump on the Iran war, tariffs (first 100 days tariffs on Canada could be removed), immigration and the corruption in the Trump administration. E15 and a new farm bill in 2027 may struggle with gridlock in Washington.
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Crude oil plunges 8%.
U.S. Midwest soil moisture profile is a concern.
Brazil looks wet in the next 10 days.
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+ CFTC