Did you receive an FSA Pass-Through Entity Letter?
Unsure of how to fill out the form? Click the link below for some helpful pointers.
Did you receive an FSA Pass-Through Entity Letter? Read More »
Unsure of how to fill out the form? Click the link below for some helpful pointers.
Did you receive an FSA Pass-Through Entity Letter? Read More »
Understanding Trump Accounts:
How a new tax-favored savings account for children can grow into a nice nest egg down the road.
Understanding Trump Accounts: Read More »
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 One, Big Beautiful Bill Act of 2025 Read More »
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
Tips for Surviving a Difficult Farm Economy Read More »
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.
Washington Estate Taxes: The Farm Exemption Read More »
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.
East Columbia Basin Irrigation District Launches Construction of New Irrigation System Read More »
Which is a better problem to have: too much income or too little income? From a tax standpoint, the answer is typically neither. Find the sweet spot in tax planning: here is a link to the Wheat Life article written by Larissa Zeiler, CPA in December 2023. Wheat Life Magazine
Year-end tax planning: Finding the sweet spot Read More »
Here is a link to the Wheat Life article written by Justin Hunt, CPA in June 2023. Wheat Life Magazine
Tax changes are on the horizon Read More »
Looking for details on the Ag Overtime Rules. Click on the link below to view the slides presented by Jared King, CPA. Ag Overtime Rules
Here is a link to the Wheat Life article written by Todd King, CPA in June 2020. 06_WLJune20web
Purchasing farmland Read More »