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re: Starting a buisness (farming) and curious where to start
Posted on 2/18/17 at 6:25 am to StringedInstruments
Posted on 2/18/17 at 6:25 am to StringedInstruments
Farming nowadays is big business or huge business, no little guys left. Go to the LA/ARK/MS delta areas and 2000 acres is about a medium to small size operation.
For the OP
So see a tax attorney or CPA who specializes in AG businesses and taxes, they are out there just have to find them. Talk to farmers and ranchers to run down some names. If you wouldn't mind keeping this updated I would appreciate it, I plan on doing the same exact thing in the next year or two.
For the OP
So see a tax attorney or CPA who specializes in AG businesses and taxes, they are out there just have to find them. Talk to farmers and ranchers to run down some names. If you wouldn't mind keeping this updated I would appreciate it, I plan on doing the same exact thing in the next year or two.
1
Posted on 2/18/17 at 9:13 am to GREENHEAD22
quote:
So see a tax attorney or CPA who specializes in AG businesses and taxes, they are out there just have to find them. Talk to farmers and ranchers to run down some names.
Best advice so far. There are attorneys and CPAs who do a lot of work for farmers and are familiar with the fairly specialized issues they face.
Ask other farmers for recommendations for an attorney who handles agricultural law matters.
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