Tax Time Lies Ahead for Farm Tax Tips 1971
Early tax management is vital for farmers to control tax liability and support overall farm profitability. The article outlines changes in 1971 tax law including investment credit rules, standard deduction, and personal exemptions, plus practical strategies such as employing wages to children, accelerated depreciation, shifting CCC loans, crop insurance timing, retirement plans, capital improvements, and end of year deferrals.
MENTIONED IN THIS ARTICLE
Dale Schwarre
Sam
CCC
Extension Center
Ralph Tompkin
Area Farm Management Newsletter
Moores Have Top Chester Whites in Nation
Rex and Larry Moore of Vandalia Missouri were named the seventh top recording Chester White herd in the nation. The Moores issued pedigrees on 190 Chester White boars and gilts for the 1970 71 fiscal year, ending October 31 1971, as 16 456 pedigrees were issued by breeders from 37 states. Larry Moore has entries in the National Chester White Spotlight Congress in Duncan Oklahoma January 20 21 and 22 with 3 boars and 4 gilts.
MENTIONED IN THIS ARTICLE
Rex
Larry Moore
Vandalia
Larry L. Rus
Chester White Swine Record Association
Rochester
Ind
Moore
Chester White
Stephens County Fairgrounds
Duncan
Okla
Sow Care Clinic Set In Montgomery
Swine producers are invited to three clinics in the Boonslick Area to learn sow herd management. Sessions run 10:00 a.m. to 3:00 p.m. in Troy, Montgomery City, and Warrenton with no fee or pre-registration. Producers Ken Shilharvey, Mike Palmer Jr., and John Hambach will share their sow herd practices and feeding tips.
MENTIONED IN THIS ARTICLE
Bill Domermuth
Montgomery City
Boonslick
United Church of Christ
Troy
Missouri
1St National Bank
Warrenton
ASCS
Ken Shilharvey
Mike Palmer, Jr
John Hambach
Million Farms Vanish by 1980 Says AP Farm Report
The Agriculture Department predicts about a million farms will disappear by 1980, roughly one third of current U.S. producers. Despite record crops in 1971, net farm income may barely rise from 1970 as costs stay high and prices remain pressured.
MENTIONED IN THIS ARTICLE
Don Kendall
Washington
Agriculture Department
U.S
Southern Leaf
Earl L. Butz
Nixon
Clifford M
USDA
Corn Belt
Congress
Department of Agriculture
Associated Press
Ellis Allen
Coolidge
Allen
Southwest
Texas
Oklahoma
New Mexico
Craig Beane
Fort Atkinson, Wis
Also Mentioned on This Page
Moores
Chester
M'gomery
Pfizer
Orschein’s
Animal Health Headquarters
U.S.P
Piperazine
Wormer
Orscheln NU H
Mexipecico, Ma
Go Modern
Total Electric Living
Consolidated Electric Co-Op
Hwy
Mexico
Glenwood Lawrence
Thompson, Mo
Mojave
Kant Silver
Mentalica
First National Bank
Centralia
Pugs Luau Uuzall Cszannii
F.D.I.C
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