Land lease agreements or ‘grazing leases’ can be a valuable tool, giving new farmers access to land they might not be able to buy outright. Here’s how they work.

A Simple Guide to Grazing Leases

Farming is an unpredictable business. Income averaging can help by smoothing out sudden spikes in your farm’s tax bill.

A Guide to Schedule J (Form 1040): Income Averaging for Farmers

A straightforward guide to making the most of the mileage rate deduction for your farm.

What Is the 2025 IRS Mileage Rate?

Keeping petty cash topped up ensures you can cover spur-of-the-moment expenses while tracking day-to-day spending.

How to Use a Petty Cash Record Book

If you hire a contractor, or if you pay another business in the form of barter, there’s a good chance you’ll need to request a Form W-9.

What’s a W-9 Form and Why Do I Have to File One?

Annual HVUT can total up to $550 per vehicle, but farmers can use Form 2290 to exempt their vehicles from the tax. Here’s how.

A Guide to Form 2290 and the Heavy Vehicle Use Tax (HVUT) Exemption for Farmers

If your business employs farmworkers and withholds payroll taxes from their wages, you’ll need to report them to the IRS using Form 943.

How to File Form 943 to Report Payroll Taxes for Farmworkers

If you sold any business property last year like equipment, vehicles or livestock, you’ll have to file Form 4797 to report any gains on your taxes.

Bryce Warnes