Heirs property has plagued families across Alabama for generations, leaving them vulnerable to loss and exploitation. Many families find the...
Read More about Alabama Heirs Property Alliance
The Emergency Assistance for Livestock, Honey Bees and Farm-raised Fish Program (ELAP) is a federal disaster assistance program provided by ...
Read More about ELAP: Disaster Assistance for Aquaculture Producers
The Federal Reserve has taken a decisive stance against inflation, gradually elevating interest rates to nearly 5.5 percent—...
Read More about Rising Rates and Food Consumption: How Auburn and Opelika Residents Feel the Fed's Fight Against Inflation
Understanding the tax implications of selling cattle is crucial for a cattle producer. The example and completed tax forms provided here can...
Read More about Reporting Cattle Operation Income to the IRS
Several advantages come with having a business account separate from your personal finances. These advantages include the following:
(1) ...
Read More about Choosing a Farm Bank Account
No one plans to file for bankruptcy. The typical scenario is a farmer is under financial stress and then a crisis happens—price decrease f...
Read More about Should I File for Bankruptcy?
The typical farming couple has both off-farm and farm income. The farming operation probably reports a loss as often as it reports profits. ...
Read More about Limits on Deducting Farm Losses
The value of agriculture in Alabama is a significant component of the economy. In 2018, the USDA reported farm gate commodity sales totaled ...
Read More about Assessment of COVID-19 Impacts on Alabama Agriculture
Transferring the family farm to the next generation requires planning. This content discusses three issues that affect the future of the fam...
Read More about Landowner Succession Planning Issues
The following presentations on typical farm accounting entries every farm bookkeeper should understand are a part of the Farm Accounting 101...
Read More about Farm Accounting 101- Typical Accounting Entries Every Farm Bookkeeper Should Understand
Welcome to the Farm Accounting 101 presentation on opening a farm checking account. The following video will explain the importance of openi...
Read More about Farm Accounting 101- Opening a Farm Checking Account
Years ago, the Alabama Cooperative Extension System published an Alabama Farm Book. This annual publication was a series of legal and ledger...
Read More about Using an Excel Spreadsheet for Farm Financial Records