Modernizing Farm Bookkeeping From Shoe Boxes To Boxes
The article argues farm record keeping should move from shoe box ledgers to formal systems. It compares Ohio Extension office ledgers and Production Credit Association books, urges hiring an accountant, and suggests space for filing. It notes depreciation, inventory, and five year planning, plus possible computer services like PCA's Agri fax for larger operations.
MENTIONED IN THIS ARTICLE
IRS
Ohio Commercial Farm
Production Credit Association
Illinois
PCA
Agrifax
Key Man Insurance for Farmers Promoted by Beriswill Agency
Dan Beriswill of Beriswill Insurance Agency argues farmers can be key men in agri business and stresses the need for tailored life and farm risk coverage. He notes survivors face taxes, debts, and the challenge of keeping the farm. contact details and hours are provided for consultations.
MENTIONED IN THIS ARTICLE
Dan Beriswill
Beriswill Insurance Agency
Dan
Grafton Eastern Rad
Grafton
Farmland land values falter amid rising inflation risk
USDA economist Ron Jeremias says farmland values rose 9 percent in the year to Feb 1 while CPI climbed 11 percent, signaling a decline in real land value. He forecasts 7-11 percent gains for the year as inflation nears farmland growth. Tight credit and weak net farm income mute buyer activity.
MENTIONED IN THIS ARTICLE
Ron Jeremias
Department of Agriculture
CPJ
Jeremias
USDA
Eanes Tash ySor
Iniereot
Federal Land Bank
Farmers Home Administration
Farm tax workshop set in Stark Kent State University
Two day farm income tax workshop for Northern Ohio farmers runs November 19 and 20 at Stark Branch Kent State University sponsored by Canfield Wooster Area Centers Ohio Cooperative Extension Service. Pre registration $50.00. Topics cover capital gains losses asset recovery partnerships corporate returns windfall profits AMT MAs social security changes and revenue rulings. Estate tax savings possible on a 200 acre farm valued at 2000 per acre but requires death after 1981 and use value rules. Evergreen trees shrubs beautify Lorain County lawns.
MENTIONED IN THIS ARTICLE
Ohio
Canfield
Wooster
Ohio Cooperative Extension Service
Stark
Kent State University
Cleveland Irs
Canton Social Security Offce
Cooperative Extension Service
Soil survey available at Lorain district office
The Lorain Soil and Water Conservation District offers a soil survey detailing soil types, texture, productivity, drainage, and erosion risk. It notes technical help for soil management plans and highlights energy benefits of evergreen windbreaks for homes, detailing plant spacing and wind interaction to reduce heat loss and improve insulation.
MENTIONED IN THIS ARTICLE
Lorain
Soil & Water Conservation District Office
Windbreaks cut wind and snow as home aid
Extension notes windbreaks of two or three evergreen rows best stop wind. A 30 foot windbreak protects 150 to 200 plus feet downwind, and can help reduce snow removal effort around homes and driveways. For details contact Cooperative Extension Office 1575 Lowell St. Kiya or call 322-0127.
MENTIONED IN THIS ARTICLE
Cooperative Extension Office
Lowell St
Kiya
Also Mentioned on This Page
Pat Leimbach
C-T
Scheater
Rts
Belden
Wat
Chicago Tribune
U.S
Va Consumer Price Index
Tage Trbune Chan
US Department of Agrculture
Lorain County
Soil Survey Available
Jerry Long
RT Lad
Glen O Solid Doo
da Tin
Cooper Foster
Teknika
Ishiggims
Elyria
Beriswill Insurance
Kipton Elevator
Kipton
Ohio Farmers
A.C.R.S
Elyria Industrial Equip
Cms LA