Livestock insurance is an important safety net for farmers and ranchers, protecting livelihoods from unexpected losses, disease, disaster and other risks. Here’s how it works.

A Simple Guide to Livestock Insurance

If you earn passive rental income from your farmland, you could avoid paying self-employment taxes on it by filing Form 4835. Here’s how to know if you qualify.

How to Report Farm Rental Income and Expenses With Form 4835

Recent tax changes mean that more businesses are receiving Form 1099-Ks than before. Here’s what to expect when you get one. 

Form 1099-K: How to Report Payment Card and Third Party Transactions

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 what you can expect to find in a typical agreement.

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