Farm owners seeking to make big-ticket purchases should be sure to plan carefully before doing so. Creating a capital expenditure budget is the first step to take before making a big purchase, writes Sara Schafer in a recent article for AgWeb. Crafting this type of budget requires accounting for your past activity, your cash …
Farmers should be paying attention to potential changes to gifting rules, writes Paul Neiffer in a recent article for AgWeb. Neiffer details both current gifting rules and three potential changes to them. Farmers should be sure to understand both current and future gifting rules and work with their tax advisors to determine the best …
De Boer Baumann & Company is excited to support Cultivating Connections, an event put on by the MiFarmLink Project. The November 10th event will feature Jolene Brown, a professional speaker, author, and farmer, and conclude with a networking happy hour sponsored by DBC.
Attendees can look forward to:
A welcome breakfast of cider and donuts“The Positives …
Jason Van Heuvelen joined De Boer Baumann & Company just a couple years ago in 2019. For his education, Jason attended Grand Rapids Community College followed by Davenport University where he graduated with a BBA in Accounting. He made the President’s List in every semester at both GRCC and DU. Since joining DBC, he’s …
The Family Business Estate Tax Coalition recently sent a letter to Congress regarding the legislation proposed by President Biden that would increase capital-gains taxes and eliminate the stepped-up basis for inherited assets. Author Chris Clayton penned a helpful overview of the situation in an article for Progressive Farmer. The Coalition argues that the new …
At the moment, farmers are enjoying good commodities prices. In a recent article from Successful Farming, author Dave Kurns sat down with Brian Philpot, the CEO of AgAmerica Lending, to discuss what farmers should and shouldn’t be doing with their finances in light of the current market situation. Philpot offers advice in the areas …
When it comes to achieving continuity in a farming operation, estate planning plays a vital role. In a recent article from Glacier Farm Media, author Mary MacArthur offers a look at the case of Gary Munro, a farm owner who passed away, and his daughter, Tracey Feist. Click here to learn about how Tracey …
The United States Department of Agriculture (USDA) recently announced a plan to devote $4 billion towards improvements in the national food supply chain. A report from Successful Farming explains that the money will be split up among initiatives in the areas of food production, food processing, food distribution and aggregation, and markets and consumers. …
Jessie began her De Boer Baumann career as an intern in 2017 after receiving her Bachelor’s degree from Grand Valley State University. She was hired full-time at the end of that internship and has jumped right in by joining our marketing committee as well as our agricultural niche team where she gets to learn …
The logistics of renting farmland has long been a complex matter. In an effort to streamline the process, Chris Bauman invented a farmland rental app called CashRent. In a recent article from AgWeb, author Chris Bennett offers a helpful overview of the app and its burgeoning importance to the farming industry.
Released in Illinois and …
