Higher costs have a number of farmers looking at hedging and locking in prices.
We take a moment to review some beneficial tax strategies for the process.
Clifton Larson Allen’s Paul Neiffer spoke with RFD-TV’s own Janet Adkison about the rules for this to be a hedge for tax purposes, what happens if there is an audit and the hedge is not a hedge and how likely this is to happen.
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Related:
Ag CPA offers tax filing tweaks
IRS Announces Final Guidance on Tax Filing Relief
Stewart Farms-- 7 generations, 200 years, and developing an operation for future generations
No relief in fertilizer prices any time soon