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When it’s time to meet with your lender, preparation matters.

An active farmer or landowner who acquires land, either by purchase or inheritance, may elect to deduct the value of residual fertilizer present in the ground at the time of purchase (or inheritance).

Qualified farmers now have the option to pay their taxes on the gain from the sale of farmland in four equal installments.

Gearing up for harvest lunches? Get the scoop on changes to the ‘board for labor’ deduction.

Unsure of how to fill out the form? Click the link below for some helpful pointers.

Understanding Trump Accounts:
How a new tax-favored savings account for children can grow into a nice nest egg down the road.

This nearly 900-page tax bill was signed by President Trump on July 4, 2025.  It makes many of the individual tax cuts and reforms from the 2017 Tax Cuts and Jobs Act permanent.  There are also some significant tax impacts for farmers. Link to Summary  

The ag commodity market has never been for the faint of heart, and today’s farm economy is testing even the most seasoned farmers.  Wheat Life

According to the most recent census from the U.S. Department of Agriculture, one-third of America’s 3.4 million farmers are over the age of 65.

Source One News Staff:
OTHELLO — In a significant stride for agricultural sustainability in central Washington, the East Columbia Basin Irrigation District (ECBID) celebrated the commencement of the EL 86.4 system with a groundbreaking ceremony yesterday. This marks the second project under the Odessa Groundwater Replacement Program (OGWRP) following the completion of the EL 47.5 system in 2021.