Sat.Mar 05, 2022 - Fri.Mar 11, 2022

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More RMD Updates

Agribusiness Blog

Last month we wrote a couple of blog posts dealing with the proposed regulations from the IRS on inherited retirement plans including IRAs. The key provision that affects most individuals deals with having to fully deplete the IRA by the end of the 10th year after the death of the IRA owner (I will use IRA as the generic term for all retirement plans).

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Hillview Farms Podcast Episode

Caff

In this episode we visit Shanon and Michael Whamond at their farm in Placer County, CA. We learn about Shanon and Michael’s farming journey, recent challenges and their farm’s food safety practices, including how they maintain produce quality during hot summer days and prevent risk of cross-contamination throughout busy days. SHOW NOTES: Hillview Farms website: [link] Hillview Farms Instagram: [link] Sanidate 5.0 – the sanitizer product mentioned: [link] CAFF’s Food Safety Temp

Farming 52
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Organic Farming for Ecosystem Biodiversity & Diversity – Larchgrove Farm, Barrhead County

RR2CS

In Conversation with Jenna Butler, BIPOC Organic Farmer, Beekeeper, Writer on Treaty 6, traditional territories of the Cree, Saulteaux, Niitsitapi (Blackfoot), Métis, and Nakota Sioux By Trina Moyles Over the past fifteen years, Jenna Butler and Thomas Lock have eked out a home in the northern bush, relying on human-powered equipment to build Larch Grove Farm , a small organic vegetable and flower farm, entirely from the muskeg up.

Farming 52
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Spring is Coming / Sadness and Strife

Hartwood Farm

We’ve been pretty MIA on the internet world these past few weeks. Farming goes on no matter what, but I haven’t been able to dig in and share much from the farm, as it seems so pointless when people and places that you care about are going through hell. Our sunflowers in the snow, kind of feeling their vibe this month. I think I started and then erased a dozen posts and more than one blog.

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Watch Out For Excess Fertility Recapture

Agribusiness Blog

Many farmers, especially those in the Midwest that apply animal manure, are able to deduct excess fertility when they purchase land that they are currently not farming. These farmers get a professional agronomist to survey the property and then determine the amount of excess fertility that might be present in the ground. This excess fertility is then amortized based on the useful life of the fertility.

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What if You Filed Without Form 7203

Agribusiness Blog

We mentioned in last weeks post that farmers who needed to file by March 1 with a Form 7203 requirement now have until April 18, 2022 to file their tax return. If they file by that date, there will be no penalty assessed for not making the January 15, 2022 required farmer estimated tax payment. However, what about farmers who elected to file by March 1 without filing the Form 7203, even though it was required to be filed?