What 2024 Tax Changes Could Mean for Your Operation

 

Running a profitable farming venture requires more than reducing input costs and increasing yields. In today’s economy, you also have to manage taxes, payroll and countless other financial variables that dictate your bottom line.

With December 31st knocking on our door, we want to provide our customers with some key insights regarding upcoming tax changes and how they could impact your operation. We met with Dustin Kimball, CPA, to discuss the most pressing issues around tax laws and financial planning for your operation.

In this visit, Dustin outlined changes related to:

  • Iowa State Tax Reductions
  • Section 179 & Bonus Depreciation
  • Estate Planning
  • Capital Equipment Purchases
  • Business Entities
  • And More!

 

Highlight Video (15 minutes)

 

Questions? Give us a shout! 

Text us at 564-220-2508 or email questions@liqui-grow.com.