Tax season can feel overwhelming, especially when you’re juggling farming, paperwork, and everything else that comes with running a business.
In this webinar recording, the team focused on helping farmers understand what actually matters when it comes to taxes and how to prepare without scrambling at the last minute. Alex and Euna walked through the basics of farm taxes, including which forms farmers need to file, common deadlines, and how income and expenses flow through a farm business.
The session also covered practical topics farmers ask about every year, like how depreciation works, what counts as a deductible expense, how vehicle costs should be handled, and when estimated taxes apply. The conversation was driven by real farmer questions, with examples pulled from everyday farm operations rather than textbook scenarios.
Topics covered include:
Key tax deadlines farmers should know (including the special March 2 farmer filing option)
How farm taxes work depending on your business structure
The difference between Schedule F, Schedule C, and other common tax forms
How to properly report farm income, expenses, and grants
What counts as capital vs. an expense and how depreciation works
Vehicle expenses, mileage vs. actual costs, and what the IRS allows
Employment taxes, 1099s vs. W-2s, and employee housing
Estimated taxes and when farmers need to pay them
Sales tax, property tax, and common exemptions for agricultural operations
If you missed previous webinars, or want to relive the fun again, visit our Webinar Series page.
Let Us Help You Prepare for Tax Season
We help farmers get clarity around the financial side of the business without making it complicated. We start with monthly bookkeeping, where we clean up your bank activity, keep your books up to date, and give you clear financial statements so you actually know where your farm stands.
Once your books are in good shape, we also offer tax filing through our CPA, Euna. We’re only offering tax filing for monthly bookkeeping customers.
If you’re not sure where to start, we’ll talk through your farm and make sure you’re only paying for what you actually need.
Need Help with Taxes
If you missed the live webinar, the full recording is available above. And if you’re looking for hands-on help with bookkeeping or tax filing, Good Agriculture team is always happy to talk through your situation.
If you want to learn more, find 15 minutes to talk.
If you missed previous webinars, or want to relive the fun again, visit our Webinar Series page.