FARM LIFE NEWS
Ask the Taxman by Andy Biebl
Andy Biebl DTN Tax Columnist
Mon Jan 6, 2014 01:30 PM CST

DTN Tax Columnist Andy Biebl is a CPA and principal with the accounting firm of CliftonLarsonAllen LLP in New Ulm and Minneapolis, Minn., and a national authority on agricultural taxation. To pose questions for upcoming columns, email AskAndy@dtn.com.

QUESTION:

Our farming partnership only has three workers: My husband, myself and our son. In the past, the farm has paid for all health insurance, but my husband has turned 65 and is on Medicare. Can the farm partnership continue to pay all health insurance premiums? Or should we offer a Section 105 reimbursement plan so that we can pay insurance and ...

Quick View
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Cattle Market There may be a little less bull in this fall's calf market, but the fundamentals still spell oppo...
  • 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...
  • Senior Partners - 5 This fatherly financial advice is meant to prevent heartaches should the farm economy suffer anot...
  • Ask the Taxman by Andy Biebl CPA Andy Biebl answers readers' questions on depreciation recapture, defining a "true" lease and ...
  • Ask the Vet Does my calf have a hernia and is it repairable?
Related News Stories
Got Cheese?
Net Farm Income Falling Fast
Senior Partners - 5
Russ' Vintage Iron
View From the Cab
China's Shrinking Hog Herd
Neonics in Water
Training for Sustainability
Klinefelter: By the Numbers
View From the Cab