Austin Duerfeldt - Agricultural Systems Economist Extension Educator

Austin Duerfeldt

faculty
Work
5985 G Rd Nebraska City NE 68410
US
Faculty Bio
Introduction in CropWatch

Austin Duerfeldt is the Southeast District Agricultural Economist Extension Educator specializing in accounting, financial analysis and taxation. His office is at the Kimmel Education and Research Center in Nebraska City. Duerfeldt has a BS in public accounting with a minor in agricultural business and an MBA with an emphasis on agricultural economics. He served as Richardson County Treasurer from 2012 to 2017.

Steps on a hillside

Accounting for Agriculture: Step Up While Passing Down December 11, 2018

A major consideration in estate planning is the transfer of assets to the next generation. Using step-up in basis can allow for the sale of long-held farm ground that appreciated in value, with little to no capital gain issues.

Read more

Graphic noting end of year calendar for prepaid expenses

Ag Accounting: The Ins and Outs of Prepaid Expenses November 12, 2018

Are you considering some late 2018 purchases? Three factors can help you and your tax preparer determine whether they meet the Internal Revenue Service requirements for a prepaid expense.

Read more

Transporting round hay bales
Figure 1. Are you enhancing your farm income with a side business, such as custom haying or product sales? Knowing all your product's attributes can help you tailor your management and marketing plan to help grow your business.

Running Your Business: What is your Product? October 30, 2018

A lot of farm and ranch operations have side businesses such as selling seed corn, installing fence, doing conservation land work, or providing other custom services. This series looks at how to develop these side businesses.

Read more

Standing in a field an employer shows a new employee the "lay of the land" and the operation
Standing in a field an employer shows a new employee the "lay of the land" and the operation.

Running Your Business: Employment-at-Will October 8, 2018

Nebraska is an "employment-at-will" state; however, there are instances when an employee's dismissal could be illegal. This article is one in a series on running your own business.

Read more

Silhouette of two people negotiating

Gold Star Negotiations: BANTA September 26, 2018

When negotiating, knowing when and under what conditions you should walk away is critical to your success. Here's how to use BANTA the next time you negotiate.

Read more

Illustration of negotiation zones leading to ZOPA bargaining range

Gold Star Negotiations: ZOPA September 18, 2018

When negotiating, identifying the Zone of Possible Agreement (ZOPA) can help you more realistically find a "middle ground" that creates a win-win for both negotiators.

Read more

Comparison of using the book and tax depreciation schedules

Depreciation — What It Is and How To Use It August 27, 2018

When and how should you use cost depreciation and when is better to use match depreciation? Each method offers benefits and can help guide decision-making.

Read more

Inputting data in a spreadsheet

Excel® Pro Tip: Sumif August 23, 2018

The "Sumif" app in Excel may be just what you need to sum data from individual fields within a category. Rather than restructure your data, this tool allows for customization.

Read more

Pages