Nebraska Extension Offering Workshop on Tax Planning for Farms and Ranches

Sep 05, 2024

Nebraska Extension will host an Introduction to Schedule F, Tax Planning for Farms and Ranches Workshop on Thursday, September 19, from 5:30 to 7:30 p.m. in Scottsbluff at the Panhandle Research Extension and Education Center, 4502 Avenue I.

“Farmers and ranchers, especially new and beginning producers, often have questions about tax planning for their business,” said Jessica Groskopf, Extension Educator. “This workshop will provide you with the basic information you need when filing a Schedule F.”

The workshop will cover:

Basic tax information: What are income taxes? What are income tax brackets?
Who qualifies as a Farm for tax reporting purposes?
What is a schedule F?
Cash vs. Accrual Accounting
Tax Documentation

The workshop is free to attend, but registration is encouraged.

Source : unl.edu

Video: Evolution of Beef Cattle Farming

The Clear Conversations podcast took to the road for a special episode recorded in Nashville during CattleCon, bringing listeners straight into the heart of the cattle industry. Host Tracy Sellers welcomed rancher Steve Wooten of Beatty Canyon Ranch in Colorado for a wide-ranging discussion that blended family history and sustainability, particularly as it relates to the future of beef production.

Sustainability emerged as a central theme of the conversation, a word that Wooten acknowledges can mean very different things depending on who you ask. For him, sustainability starts with the soil. Healthy soil produces healthy grass, which supports efficient cattle capable of producing year after year with minimal external inputs. It’s an approach that equally considers vegetation, animal efficiency, and long-term profitability.

That philosophy aligned naturally with Wooten’s involvement in the U.S. Roundtable for Sustainable Beef, where he served as a representative for the Colorado Cattlemen’s Association. The roundtable brings together the entire beef supply chain—from producers to retailers—along with universities, NGOs, and allied industries. Its goal is not regulation, Wooten emphasized, but collaboration, shared learning, and continuous improvement.