Recent court guidance has reinforced that agriculture can qualify for the federal and state research and development tax credits when farmers are using a documented process to improve crops, livestock, production methods, or farm efficiency. Why this matters now Farmers have always solved problems through trial, observation, and adaptation. What has changed is the level… Continue Reading

When you buy or inherit farmland, you could be gaining valuable nutrients already in the soil. The residual fertility deduction represents a specialized tax planning opportunity for both farmers and landowners. With the right approach, they can translate into meaningful economic benefits. What is residual fertility, and why does it matter? Residual fertility refers to… Continue Reading