3/16/23 - AFF - Optimizing Your Farm For The Best Tax Bracket

American Family Farmer

Host and American Family Farmer, Doug Stephan www.eastleighfarm.com begins with news about creating more "Fairness For Farmers" as the National Farmers Union pushes for creating new labeling requirements for meat, poultry and eggs, the FDA wants all over-the-counter antibiotics/drugs for livestock to require prescriptions by June 1st. Next, we meet Joey Geter, CPA Shareholder, CRS CPAs. www.crscpa.com Joey joined the firm in 2011 and brings with him many years of experience in public accounting, tax, and audit fields. They discuss wealth building strategies also which coincides with tax strategies. Some of the items to watch out for and what are best practices or tips when filing as a family farmer or member of the ag world that is not part of a large farm-based corporation. Finally, Farmer Doug opines that farmers need to become advocates for themselves. Why are farmers only receiving 7-cents of every dollar spent on food? Enough is Enough!