V1 — Issue 1

Autonomous Farming System Heads to Market

In an exciting turn for farming, Smart Ag, an Iowa-based ag technology firm, has successfully tested AutoCart, a system allowing existing farm equipment to operate autonomously and is selling a limited number of the systems this year, writes Ron Swoboda for Farm Industry News.

Swoboda details the following benefits of this new system:

Helps solve …

Making the Most of Your Farm’s ‘Off Season’

Many farmers tend to take it easy during the off season, however, this is actually some of the most important time for your business. When spent wisely, farmers can use winter months to make big progress towards their goals by taking time to plan.

Darren Frye, from Farm Futures, offers the following five steps for …

Using an IC-DISC to Lower Taxes

Manufacturers and distributors who export products should consider the use of an interest charge domestic international sales corporation (IC-DISC) to reduce their tax burden. Here are some frequently asked questions about this strategy. …

Ownership Compensation: Beware of IRS Scrutiny

Pinpointing how much a dealership should pay its owners is never easy. You’ve got to consider a variety of factors, including just what form (salaries, benefits, stock) that compensation will take. You also need to ensure your approach will hold up under IRS scrutiny. …