Various farm programs as established by the Farm Service Agency have various limits based on the farmer’s adjusted gross income (AGI). However, some of these programs also allow for either a double ...
QBI includes the income, minus wage income, deductions, applicable gains and losses, for every eligible pass-through business that a taxpayer operates in the United States or Puerto Rico. This income ...
When people are asked what a “small farm” is, they may base their answer on the number of acres or number of animals a farm has – and they often assume that there aren’t many of them. However, small, ...
BOONE, Iowa — Farm income from 2021-2023 was the best when compared to other three-year cycles in the past 50 years, said USDA Secretary of Agriculture Tom Vilsack at Farm Progress in Boone, Iowa, on ...
Phil Hallstedt picks cherries on his orchard in Michigan. He and his wife both have worked part-time jobs, but recently Hallstedt transitioned his cherry orchard to a U-Pick model where people can pay ...
Here are eight takeaways illustrating the landscape of U.S. farm productivity and financial resources. Released on Dec. 10, USDA-ERS published its 2024 edition of America’s Farms and Ranches at a ...
Local food banks are about to lose a key source of fresh, local produce after the Department of Agriculture ended the Local Food Purchase Assistance Cooperative Agreement Program or LFPA. The program ...