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Ask the Taxman By Andy Biebl
Andy Biebl DTN Tax Columnist
Mon Aug 27, 2012 11:16 AM CDT

DTN Tax Columnist Andy Biebl is a CPA and tax partner with the accounting firm of CliftonLarsonAllen in New Ulm and Minneapolis, Minn., and a national authority on agricultural taxation. He'll address the potential 2013 "Taxmageddon" in estate and income taxes at the DTN Ag Summit Dec. 10-12. For details go to www.dtnagsummit.com.

Question:

My crop insurance company says my Revenue Protection insurance claim will be paid in two chunks. The yield losses are at the spring price of $5.68 for corn and will be paid immediately. The harvest price adjustment, maybe in the vicinity of $8.00, will be ...

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