Insights
Practical reading for
owner decisions
Tax, accounting, and transition guidance written for owner-led companies in Idaho and Utah.
PACA Trust Compliance for Idaho and Utah Produce Handlers
PACA trust rights put unpaid produce sellers ahead of secured lenders when a buyer fails. Here's what Idaho and Utah produce handlers need to preserve them.
View DetailsMinority Interest Discounts in Family Farm and Ranch Transfers
Well-structured farm LLC gifts qualify for lack-of-control and lack-of-marketability discounts. Here's what makes them hold up when the IRS looks close.
View DetailsLivestock Inventory Methods: Unit-Livestock-Price vs. Farm-Price
Two IRS-accepted methods value raised livestock differently, and the choice moves reported income for years. Here's how Idaho and Utah operations should choose.
View DetailsIdaho and Utah Sales Tax Exemptions on Farm Inputs
What Idaho and Utah exempt from sales tax for farm inputs is not the same. Here's what qualifies, what does not, and which certificate you need at checkout.
View DetailsH-2A Farm Labor: Accounting and Tax Compliance for Employers
H-2A wages are exempt from FICA and FUTA but not income tax withholding. Here's what Idaho and Utah farm employers actually owe on H-2A payroll.
View DetailsGifting Land vs. Cash: Which Move Makes Sense for Your Farm?
Gifting farmland transfers a lifetime of appreciation with it. Cash does not. Here's how Idaho and Utah farm families should think about the tradeoff.
View DetailsFarm Net Operating Loss Rules Every Idaho Grower Should Know
Farm losses still get the two-year carryback that regular businesses lost. Here's how Idaho growers should think about elections, limits, and Form 1045.
View DetailsHow Farm Income Averaging Works for Idaho Farmers and Ranchers
One big year rarely comes back the next. A potato grower who catches a price spike, a Cassia County dairy that lands three strong milk months in a…
View DetailsFarm Profitability by Enterprise: Which Crops Are Actually Paying?
A whole-farm profit number hides the enterprise that lost money. Here's how Idaho and Utah farms split the P&L by crop and cattle to sharpen decisions.
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