Putting cows on the front page since 1885.
Putting cows on the front page since 1885.
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The Small Business Administration's (SBA) Paycheck Protection Program (PPP) has been evolving since its creation. Part of that evolution involves the next step: applying for loan forgiveness. As we approach the end of the year, determining the best time to apply for loan forgiveness is an important conversation to have with your accountant. When the PPP launched in April, if you followed its rules, you had eight weeks to use your loan proceeds for expenses that qualify for loan forgiveness....
By KENNY NEARHOOF Accounting Officer AgChoice Farm Credit It’s October. Many people are not thinking about tax planning. However, tax planning is crucial to do every year. Not just to look at income and expenses, but also at tax preparing strategies that are uniquely available to farmers. Here are three main tips, and two preparation strategies to gain the most from your planning visit with your farm accounting and tax professional. Three Tips Collect records on all of your capital purchases and disposals during the year, including any l...
