Tina Barrett - Executive Director of Nebraska Farm Business Inc.

Tina Barrett

(staff)
Work
NE Farm Business Inc 3815 Touzalin Ave Ste 105 Lincoln NE 68507
US

Nebraska Farm Business Bio

equipment lease graphic

Caution for Farm Equipment Leases March 23, 2017

Many factors in the current agricultural economy are leading producers to consider a lease arrangement of new capital purchases instead of an outright purchase. When considering this option, it’s important to consider both the pros and cons as well as possible effects on your tax return.

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Photo of open laptop computer and farm records to input

Giving Your Farm a Financial Tune-Up February 21, 2017

It's common for producers to take their tractors and combines into the shop on an annual basis for a tune-up, but it seems less common for them to take time for a financial tune-up. While the equipment is worth a lot of money, the financial health of your business could be worth even more. This story outlines four steps to help you take stock of your farm or ranch finances and use them for informed decision making.

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Loan Renewal Form

Preparing for Farm Loan Renewal Time January 10, 2017

Shortly before Christmas, I was watching a Christmas movie with my family about a farm family who was in jeopardy of losing the operation if they didn’t come up with the required payments by January 2. It made me wish the struggles of the real farm economy could be fixed in less than two hours. While this isn't possible, there are steps farmers can take to prepare for a meeting with their banker. This story outlines key points to consider.

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Average capital purchase trend line for Nebraska Farm Business Inc. clients for 2002-2015.
Average capital purchase trend line for Nebraska Farm Business Inc. clients for 2002-2015.

Cash Flow and Tax Planning November 3, 2016

The author examines the differences between various farm income definitions and the economic implications of some of the short-term tax planning used in the last decade..

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hand using a calculator
Calculating ag taxes

Agricultural Tax Planning in Low Income Years October 25, 2016

Producers often feel there is no need to do tax planning in years when there is no profit, but in many ways, it’s more important to do tax planning in low income years than it is in high income years.  There are many planning strategies that can be used to help save tax dollars over the long term if there is enough time to plan.

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Graphic of a hand on a calculator to accompany 5 tax tips
Graphic of a hand on a calculator to accompany 5 tax tips

5 Tax Deductions for Your Farm October 21, 2016

Tax time on the farm can be a little stressful. In gathering all your forms and receipts in preparation for a visit to your accountant, don’t forget about these five deductions.

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Chart showing farm working capital changes over several years
Chart showing farm working capital changes over several years

If Working Capital is Disappearing, What Should You Do? July 15, 2016

In the July 13 UNL Cornhusker Economics, Tina Barrett, executive director of Nebraska Farm Business, Inc., writes: "It seems just about every farm management topic/article/presentation is talking about working capital these days. We’ve heard experts talk about “Cash is King” for years but why is it really important?

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Chart of average net farm income for NFBI
Chart of average net farm income for NFBI

Nebraska Farm Income — What's Changed Since Prices Were Last This Low? May 12, 2016

A closer look at costs and income for a group of Nebraska farms served by Nebraska Farm Business Inc. shows that while commodity prices and annual income may be similar to 2002, many other economic factors, including debt, have changed significantly. See what top third producers are doing, as well as what red flags to avoid.

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