Partnership method could grant farm couples option
Richard Smith explains how a husband and wife farm partnership can affect Social Security credits. The piece outlines when partnerships or corporations yield credits, the reporting forms 1065 and Schedule SE, and the tradeoffs in retirement and survivor benefits. It warns that SSA scrutinizes changes and cites IRS Farm Tax Guide for guidance.
MENTIONED IN THIS ARTICLE
Social Security Administration
Social Security
Internal Revenue Service
Buffalo REC Officers Face Hard Choice Over Partner’s Interests
A young farmer weighs a tough decision about safeguarding his partner’s interests as Buffalo REC officers navigate protective actions and future commitments amid mounting pressures and shared responsibilities.
Dairyland to hike rates for 29 coops under 7.5% rise
Dairyland Power Cooperative will raise wholesale rates to its 29 member rural electric coops by 7.5 percent starting May 1, trimming an earlier 9 percent target. Board chair Edward Holdorf and GM Frank Linder cited inflation, fuel costs, higher fixed charges, and flat energy growth as drivers of the modest increase.
MENTIONED IN THIS ARTICLE
Dairyland Power Cooperative
Dairyland
Frank Linder
Recs
Edward Holdorf
Pierce County
Dairyland Board
Linder
Holdorf
Co-Op
Dairyland Management
Dairyland Power Co-op
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