taxes | Morning Ag Clips

March 6, 2019

TAXES ...

IRS waives estimated tax penalty for farmers

IRS will waive estimated tax penalty for farmers, fishermen who file , pay tax by April 15

March 3, 2019

Governor Ricketts and craft brewers host a "Raise Glasses, Not Taxes" event at Brickway Brewery & Distillery in Omaha. (Courtesy of Office of Governor Pete Ricketts)

TAXES ...

“Raises Glasses, Not Taxes” event held

Gov. Ricketts, craft brewers urge state lawmakers to stop tax increases on craft beer

February 18, 2019

MARK YOUR CALENDARS ...

Ask the experts: Farm taxes

Hear from Grey Bennis, Tax Associate with Farm Credit East on March 19th

December 12, 2018

New changes to sales tax rules proposed by the Colo. Dept of Revenue (DoR) could have a significant impact on the amount of work you'll have to do when collecting sales tax. (Courtesy of CNGA)

TAXES ...

Grace period extended for new tax rule

Grace period date to comply with the new sales tax rules to May 31, 2019

November 28, 2018

On behalf of the membership, the CNGA Board of Directors via Allison Gault submitted this letter to the Colorado Department of Revenue (DoR) regarding the proposed tax changes. (Courtesy of CNGA)

TAX CHANGES ...

CNGA sends letter to CO DoR regarding tax changes

The final rule-making hearing will be held on Friday, November 30th

July 1, 2018

Sonny Perdue USDA Secretary of Agriculture (Public Domain/US Embassy Photo by Pablo Castro)

TAX REPORT ...

USDA highlights benefits of Tax Cuts & Jobs Act

USDA Economic Research Service has released a report on the Tax Cuts and Jobs Act

June 26, 2018

The LIT reform took the old taxes and combined them into one rate with some “buckets” for revenue to be used for different purposes.(Courtesy of Purdue)

TAXES ...

Shedding light on LIT

Local income taxes combined into one local income tax called LIT

March 14, 2018

TAX CHANGES ...

Ibach on Section 199A tax code fix agreement

Some agriculture stakeholders had raised questions about potential market effects

January 31, 2018

TAX SEASON ...

Tax credits available to N.Y. farmers

New York farmers are eligible to receive a tax credit for qualifying food donations

January 31, 2018

TAX SEASON ...

Eight tips for easier, safer tax filing

Tax refunds are a great opportunity to start an emergency fund