FARM BUSINESS NEWS
Marcia Zarley Taylor DTN Executive Editor
Mon Jan 14, 2013 04:20 PM CST


Dazed by Capital Gains Rates

If you're confounded by income tax changes under the new tax changes, you're not alone. Capital gains rates may be one of the more convoluted calculations you'll need to consider starting in 2013.

Paul Neiffer, a CPA who specializes in agriculture and cooperative taxes for CliftonLarsonAllen LLC, points out that your personal capital gains rate will no longer depend just on your taxable income (after deductions). Now that a new 3.8% Medicare surtax rate kicks in on those with adjusted gross income of $200,000 single/$250,000 married, there are really six possible capital gains ...

Quick View
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Ample Stocks Ahead Drought recovery in many areas has led to higher stocks, brighter production prospects and modera...
  • Precision Ag Potential Pending Precision agriculture proponents insist the industry can revolutionize agriculture, but first mor...
  • Cash Rent Reset - 2 Iowa farmland owners Fred and Lodean Cook may consider flexible cash leases for the first time th...
  • Iowa Land Gets a Bounce Key Midwest land values are stuck in neutral or sliding below 2014 levels, recently released opin...
  • Canadian Dairy Conundrum Coping with Canada's dairy industry import tariffs and supply controls remains one of the stickin...
  • Klinefelter: By the Numbers Deteriorating profit margins flip the fortunes of big renters and conservative owner-operators. I...
  • Training for Sustainability The Hmong American Farmers Association is helping producers who migrated to the United States fol...
  • Ask the Vet What are these crusty scabs on my cattle?
Related News Stories
Senior Partners - 5
Ag Interest Rate Snapshot
Net Farm Income Falling Fast
Monsanto Calls Off Hunt
Monsanto Calls Off Hunt
Monsanto Nixes Syngenta Bid
View From the Cab
Merger Approved
Deere Reports Profit Down
Deere Reports Profit Down