Business Structure Episodes
Every Ag View Pitch conversation on business structure — summaries, key takeaways, and full transcripts.
Jul 2021
Brothers in business: Chris and Terry Patterson
Iowa brothers Chris and Terry Patterson on splitting roles, farming the same acres from 2003 to 2020, selling hog sites in a 1031, and planning exit at 50.
Jun 2021
Got insurance? Are you sure?
Adam Brickley on insurance gaps farms miss: replacement versus depreciated values, umbrella limits above $1 million, and key person term life.
Apr 2021
The STEP Act: what the Biden tax proposals could mean for farmers
Paul Neiffer explains the STEP Act's 100,000 dollar lifetime gift exemption, the 21-year trust tax, and what it could cost farm families transferring land.
Feb 2021
Financial planning for farmers: 2021
Josh Waite explains why equipment is not a retirement plan, how to diversify beyond land, and what term versus whole life insurance actually does.
Feb 2021
Are you ready for capital gains tax at death?
Paul Neiffer on losing the step-up in basis, capital gains at death, LLC discounts of 25 to 40 percent, and gifting excess assets before the rules change.
Feb 2021
5 dysfunctions of a farm
Shay Foulk maps Patrick Lencioni's five dysfunctions onto farm teams: loosen the reins, welcome conflict, and write down who decides what and when.
Dec 2020
2021 farm program review
Paul Neiffer on USDA reversing the 500-hour management test for family farms, CFAP payment limits by ownership, and the AGI traps in multi-entity farms.
Dec 2020
2020 year-end tax planning: key considerations
Paul Neiffer on the 50% prepay limit, invoicing rules that survive an audit, which 2020 aid payments can be deferred, and PPP forgiveness timing.
Rewind
10 keys to farm transition success
Chris Barron walks through 10 transition steps: build your advisor team, write the vision, set core values, map both business structures, close gaps.
Sep 2020
Succession and transition to the next generation
Chris Barron lists 10 succession steps: build the advisor team, write the vision and core values, map current and ideal entity structures, update the will.
Jul 2020
What's in the Senate HEALS Act for agriculture?
Paul Neiffer walks through the Senate HEALS Act: a $20,833 PPP loan for Schedule F farmers on gross revenue and a retention credit up to $20,000.
May 2020
We have CFAP (finally): nuts and bolts of the Coronavirus Food Assistance Program
Paul Neiffer breaks down CFAP: 32 and 35 cents on corn, 45 and 50 on soybeans, $247 per head fed cattle, and three $250,000 payment limits per entity.
Apr 2020
More PPP funding and aid for farmers: update
Paul Neiffer on Treasury confirming farmers qualify for PPP, the payroll certification you must document, and why some should repay the loan by May 7.
Apr 2020
Paycheck Protection Program update for farmers
Paul Neiffer on why partnerships apply instead of partners, why H-2A workers do not count, and why a Schedule F farmer with low taxable income gets little.
Jan 2020
Labor, trucking, and China: an Iowa farmer's perspective
Erik Oberbroeckling runs 11 semis in an entity separate from his Iowa farm. He covers the liability line, the labor pool it buys, and a China trip.
Rewind
On our way to TEPAP: learn more about the program
TEPAP director Mark Welch details the week-long Texas A&M executive program: 7:45 a.m. starts, 90-person classes and a $5,000 all-in cost per person.
Jan 2020
Transition planning and farm collaborations: what you need to know and how we can help
Chris Barron and Shay Foulk walk through Ag View's transition and collaboration process: discovery, an equipment LLC, and two full-day meetings.
Nov 2019
Year-end tax planning
Paul Neiffer on filling the 10% bracket, paying kids under 18 up to $12,200 tax-free, deferred payment contracts, and the $11.4 million estate exclusion.
Oct 2019
What your farm needs to know: ag insurance with Mark Santas
Mark Santas on why one in two businesses fail after a major loss, peak season grain coverage, workers comp sole remedy, and shared equipment gaps.
Oct 2019
Ag View Solutions: who we are, what we do
Chris Barron and Shay Foulk trace Ag View Solutions from Profit Manager to equipment cost per pass, business structuring, and farm peer groups.
Sep 2019
Dad's wisdom: On the farm with Howard Hill
Iowa vet and farmer Howard Hill on buying 100 acres a year, losing 80 acres in the 1980s bust, and farming today as a four-family collaboration.
Jul 2019
Special report: MFP
Paul Neiffer breaks down the 2019 MFP payments: county rates, the $15 prevent plant cover crop rate, hog and milk rates, and the $250,000 limit.
Jul 2019
Quality of life, strip till, and fishing in Canada
Two Iowa brothers on strip till timing, rolling all their machinery into an equipment LLC with a neighbor, and why quality of life mattered most.
Jun 2019
3 keys to a successful farm transition or collaboration
Chris Barron maps farm transition in three stages, splits machinery and trucks into their own LLCs by net equity, and builds a workable exit strategy.
May 2019
Details on MFP, the Market Facilitation Program, with Paul Neiffer
Farm CPA Paul Neiffer explains the 2019 MFP county rate formula, the 125,000 dollar payment limit, AGI tests, and why prevent plant acres get nothing.
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