Austin Duerfeldt was the Southeast District Agricultural Economist Extension Educator from 2018-2021.
Extended Tax Filing Deadline for Farmers and Ranchers
March 8, 2019
This week the IRS announced in Notice 2019-17 an extension to the March 1 deadline for farmers who did not make estimated tax payments by January 15, 2019.
Charting Commodities: Technical vs Fundamental Analysis
February 18, 2019
A new series of articles, Charting Commodities, will explore the basics of some of the more common indicators used in technical analysis. This article defines and compares technical analysis and fundamental analysis.
Ways to Stretch Cash Flow
February 15, 2019
Over time, negative cash flows will put farm and ranch businesses, and the lifestyle of the owners, at serious risk. Consider these recommendations to improve your cash flow.
Cornhusker Economics: Negotiating Cash Rent Like a Pro
February 13, 2019
Given the constraints of both the landlord and tenant, real estate taxes, and the farm economy, finding an equitable crop land rental agreement before February 28 may take a little creativity this year. Considering these factors may help.
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.
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.
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.
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.