Monthly Archives: May 2015

Property Taxes: Farmers Must Plan Carefully to Keep Agricultural Homestead

Posted on May 22, 2015 by mnfarmbusinesslaw

With the first half of real estate taxes recently being paid, most of us probably took a good look at our property tax statements. For farmers, the Agricultural Homestead classification represents significant tax savings. There are a number of ways … Continue reading →

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Charitable Remainder Trusts Can Help Retiring Farmers

Posted on May 8, 2015 by mnfarmbusinesslaw

One of the most common situations facing retiring farmers is a looming income tax burden. From year to year, farmers are buying seed, fertilizer, and other inputs for next year’s operations while also deducting machinery and equipment. In the last year … Continue reading →

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