Tax Time: Is Your Farm Ready?

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Tax season is here—are you ready?

If you run a small farm, homestead, or farm business, you know that taxes can be confusing. From tracking expenses to understanding deductions, there’s a lot to figure out. In this video, I’m sharing what I’ve learned over the years as a farmer handling my own taxes.

Now, let me be clear—I’m not a CPA or tax professional. I’m just a farmer who’s had to navigate the tax system and figure things out along the way. This video isn’t financial advice, but if you’ve ever wondered about farm tax deductions, expense tracking, or ways to get organized, this should help.

What’s Covered in This Video:

Why farm taxes are different from regular small business taxes
Common farm-related deductions you don’t want to overlook
Importance of tracking farm expenses effectively
The importance of keeping records for tax season
My personal lessons from handling farm taxes year after year

If you’re running a homestead for profit or trying to grow your farm business, understanding taxes is a big part of staying profitable and sustainable. Whether you’re filing for the first time or just looking for better ways to organize your finances, this video will give you a starting point.

Who Is This Video For?

This video is perfect for:
✅ Small farmers trying to understand their farm taxes
✅ Homesteaders earning income and wondering about tax write-offs
✅ Self-employed farm business owners looking for basic tax tips
✅ Anyone running a direct-to-consumer farm business (selling beef, poultry, eggs, produce, etc.)

If you’re a farmer looking for real-world insights into handling farm taxes, you’re in the right place!

💡 Have a farm tax tip or something you’ve learned? Share it in the comments! Let’s help each other navigate tax time.

#FarmTaxes #SmallFarm #HomesteadBusiness #TaxSeason #FarmAccounting #FarmFinance #SelfEmployed #FarmBusiness #Homesteading #farmlife

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00:00 Farm Taxes - Disclaimer
00:37 Farm Business Entities
02:24 Farm Tax Deductions - Write Offs
05:10 Farm Pastures Flooded
07:03 Separating Farm Finances
07:55 Farm Taxes - Depreciation
09:05 W2 vs Self Employed Farmer
11:39 Farm Tax Exemptions
12:38 Farm Help - Contractors
13:49 Farm Deduction - Section 179
15:42 My Experience with Farm Taxes