Today, we’re speaking with Christy, who is an old friend of mine. This podcast came into being, because last October, Christy and her son Luke met up with us in Rhinebeck for the New York State Sheep and Wool festival. On one of the evenings when we lifted our tired feet off the floor, we had a conversation about taxes and accounting, as often happens, and it migrated into the joys of the Schedule F – Farm Income, and went from there. I hope today’s content is a little bit interesting even to those of you who do NOT actually file a farm return, because it turns out that climate issues, drought, and economic pricing unsurely are not the only challenges in agriculture. You have to deal with retirement issues in ways many others don’t.
Links:
https://www.irs.gov
https://www.irs.gov/forms-pubs-search?search=F
https://www.irs.gov/pub/irs-pdf/i990sf.pdf
https://www.halterproject.org