Acres Of Tax Law Changes Need A Lot Of Study
Farmers should study IRS changes to depreciation now and next year. Kansas State University extension economist Marvin Fausett outlines the new ACRS system with four property groups and revised recovery rates, highlighting reduced flexibility but clearer category guidelines for three, five, ten, and fifteen year property.
MENTIONED IN THIS ARTICLE
Diane Yeamans
Marvin Fausett
Kansas State University Extension Service
Internal Revenue Service
IRS
Faugett
Tax Institute Meeting Details For 1981 Changes
The 1981 Tax Institute for consultants will run December 1 2 at the National Guard Armory Kansas City and December 3 4 at the Topeka Municipal Auditorium. Registration costs 25 with pre registration advised. The note covers depreciation methods IRC rules and new tax brackets including changes to credits exemptions and capital gains. Fausett outlined rates and time lines for five and 15 year property classes and all savers certificates plus imputed interest rules and retained earnings limits for corporations.
MENTIONED IN THIS ARTICLE
Tax Institute For
Bob Bozworth
Franklin County Extension
National Guard
Kansas City
Topeka Municipal Auditorium
John Schlender
Kansas State University Extension Economics
Bozworth
Fausett
Kansas
Tax changes outline IRA and deduction rates for 1982
Fausett detailed changes to installment taxes and retirement plans. 1982 and 1993 give a 25 percent deduction of the first 100 contributed to charities, 1984 rises to 26 percent on the first 300, 1985 allows half of all contributions, and 1986 covers all contributions. No deduction provisions exist after 1987.
MENTIONED IN THIS ARTICLE
Fausett
Feed Costs Could Be Cut By Managing Tracking Better
Manhattan Kansas State University researchers report trucking accounts for up to half of feed costs. They urge better cost tracking per truck and driver, smarter equipment choices, pay by mile or ton, efficient routing, fewer stops, and proactive maintenance to trim expenses in the feed distribution system.
MENTIONED IN THIS ARTICLE
Manhattan
Kansas State University
K-State
Robert R. McEllainey
Kstate
Department of Grain Science and Industry
American Feed Manufacturers Association
McEllhiney
Dave Bossman
AFMA
McEhiney
Bossman
McElhiney
McEllainey
McEilhiney
McEliney
Sheep and Goat Seminars Planned at Kansas State
Kansas State University hosts Sheep Health Day on Saturday December 5 with Dr. John Aiken and Dr. Mike Wallace presenting on diseases production management and nutrition. Goat Health Day follows Sunday with Dr. Joan Bowen, 9 a.m. to 3 30 p.m. Veterinarians may earn four CE hours. Advance registration is $15 including sylabus and noon lunch.
MENTIONED IN THIS ARTICLE
Manhattan
Kansas State University
Homer K. Caley
K-State
Aiken
U.S. Animal Research Center
Clay Center
Neb
Mike Wallace
Joan Bowen
Wellington
Colo
Control Creepy Crawlers With Proper Chemicals
Box elder bugs gather near foundations and trees as they seek overwinter shelter. Use thorough outdoor spraying with 2 percent chlordane or diazinon where surfaces are wet, avoid spraying vegetation, indoors use aerosols for temporary relief, seal cracks with caulk, vacuum pests and destroy bagged debris to prevent reinfestation. Millipedes thrive in moist organic litter. sanitation to remove moisture and debris is key, with caulked entry points and Vapona sprays for short-term knockdown, plus a treated barrier of Levin 50 WP per 1000 square feet to curb entry. The Kansas Bankers Association will honor county farmers for conservation efforts at the February County Conservation District Annual Meeting, recognizing land management planned progress and unique practices.
MENTIONED IN THIS ARTICLE
Robert W. Bozworth
Levin
Also Mentioned on This Page
Fauselt
Croucher Abstract & Title Co
Jegnetta Croucher
120 West Ltd
Gnawa, Kansas
Frick
Veterinary Medical Complex
KSU Cooperative Extension Service
The
College of Veterinary Medicine
Kansas Veterinary Medical Association
John
Ottawa
Coop
Ass’n
Our Fertilizer Department
Robert Hughes
Mark Shields
Kansas Bankers Association
County Conservation District
Cancercare
C.A. Boucek
John Deere