This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The IRS issued Notice 2022-31 this week to indicate they will stop sending several notices including automatic collections notices, etc. that likely are wrong due to their large backlog of unprocessed tax returns and other tax information. They also had indicated at the end of January that they will stop sending out CP-80 letters that indicates they received payments from the taxpayer without the corresponding tax return.
Back on the math train we started last week, we did yet more number crunching this winter for the first time. I promise I will move off math for next week! Because we are a CSA farm, we’ve never done an item by item cost of production analysis because we know that some of the crops we grow are simply not going to be profitable. I know that it probably costs us $11 a quart or something crazy to grow and harvest peas and get them into the shares, but they’re so important and delicious that we will
In any group you're in, what's the most important equity in that group? It's not money. It's not fashion. It's not leisure. It's not soil, water, or air. In short, it's ideas. Whether your group is a Thanksgiving dinner with family, a political/legislative body, a non-profit, or a business team, the most important equity in any group, large or small--extending even to nations--is IDEAS.
Hello Again Gleaners!! We're back for a special mid-month blog to help you come up with some ideas for Valentine's day using things you may already have floating around your house but might be wondering how you can use in a new way! We are all about sustainability and reusing things we already have so let's see what we can come up with! First up: Some framed designs!
As expected we have already gotten some comments and questions related to our last post on the new Schedule K-2 and K-3. Here is one of those questions: On this K-2 and K-2 reporting requirement, if you know all your owners will be under the $300/$600 amounts and you can elect not to file Form 1116, does this get you out of the filing of K-2 and K-2 at the business return level?
Rural Routes to Climate Solutions (RR2CS) is an Alberta-based initiative shining a spotlight on the climate solutions that farmers, ranchers and communities in rural Alberta can benefit from. RR2CS is happy to announce that we are seeking a Communications Coordinator to join our great team of community organizers, facilitators and communications specialists.
Many CPAs and other tax preparers have reached out to us regarding the new Schedule K-2 and K-3 reporting requirements. Carey Heyman, managing principal of our Real Estate Industry, recently provided a very good summary of the the K-2 and K-3 reporting requirements. The perception is that this new reporting requires a lot of time and effort to complete.
100% bonus depreciation is scheduled to drop to 80% bonus depreciation starting in 2023. Certain long-term assets have an extra year (such as orchard plantings). Bonus will drop by 20% each year thereafter until finally there is no bonus depreciation starting in 2027. However, Section 179 is still scheduled to be fully available and the current amount of Section 179 deduction allowed is $1,080,000 and the phase-out of the deduction starts once you place eligible assets into service of $2,700,000
100% bonus depreciation is scheduled to drop to 80% bonus depreciation starting in 2023. Certain long-term assets have an extra year (such as orchard plantings). Bonus will drop by 20% each year thereafter until finally there is no bonus depreciation starting in 2027. However, Section 179 is still scheduled to be fully available and the current amount of Section 179 deduction allowed is $1,080,000 and the phase-out of the deduction starts once you place eligible assets into service of $2,700,000
Producing the Perfect Potato and Soil Health to Handle Environmental Stress Mitigating soil disturbance, multi-species cropping, and transforming waste into energy and compost — The Perry Farm — Chin, Alberta By Trina Moyles If you’re enjoying a bag of potato chips in Western Canada, there’s a 1 in 5 chance the potatoes were grown by Harold Perry and his family at the Perry Family Farm , a fourth-generation operation located in Lethbridge County in southern Alberta.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content