Farm CPA Report

In that case, you then can use what is called the 6% credit. The calculation under this method is rather simple and straightforward. You simply add up your QREs for the current year, multiply it by 6% and that is the credit: farmcpareport.com/p/when-is-the-…

and using an average of these QREs to determine the amount of the current year credit. However, what happens if you do not have any QREs in one or more of those back years?

When is the 6% R&D Credit Applicable? In yesterday’s post we provided an example of utilizing the 14% Alternative Simplified Credit (ASC) that in our opinion is typically used.

Paul Neiffer works through a real example showing exactly how a $20,092 credit gets calculated using the Alternative Simplified Credit method. 📋 🔗 farmcpareport.com/p/how-the-r-an…

Did you know row crop farmers can qualify for the R&D tax credit? 🌾 It's not just for big corporations — if your operation involves research activities like soil testing, experimenting with inputs, or trialing new methods, it may be worth running the numbers.

If you work in ag and you're not reading Farm CPA Report — you're missing out. 👀🌾 Get expert breakdowns on farm tax, ARC/PLC, WASDE updates, and more. Try it free for 14 days 👉 farmcpareport.com/14days #FarmCPA #FarmTax #AgFinance #FarmBusiness #Agriculture

The March WASDE report was issued last week and then USDA updated their projected ARC/PLC MYA prices for all of the Title 1 crops. We updated the projections as follows: farmcpareport.com/p/small-tweaks…

It's not just LLCs that are stuck with one payment limit for FBA. Any entity starting with an 'L' — LLC, LLP, LLLP, or LP — only gets one payment limit.

It appears that about half of the Farmer Bridge Assistance (FBA) program payments have been issued. We have gotten several comments or questions regarding the program payment limit. farmcpareport.com/p/fba-is-still…

🚨 USDA drops their WASDE report today If they raise the projected corn MYA price by just 10 cents, PLC payments to farmers in October could drop by $1.1 billion Here's the math behind that number: farmcpareport.com/p/will-we-get-…

But the bigger issue for producers may still be unresolved. Here's what changed and what's still up in the air. 🔗 farmcpareport.com/p/usda-makes-t… #USDA #SDRP #FarmPrograms #AgPolicy #Agriculture

USDA released technical corrections to SDRP Stage 1&2 and Dairy Margin Coverage Programs on Friday, fixing errors in how payments are calculated for dairy producers, sugar beet growers, and forage crop producers.

Does a crop-share arrangement increase FSA payment limits? The short answer is yes — but the details matter. Here's a Q&A breakdown of how it works. farmcpareport.com/p/does-a-crop-…

The OBBBA made the adoption tax credit partially refundable for the first time, with a maximum credit of $17,670 per child in 2026. Here's what farmers and families need to know. farmcpareport.com/p/obbba-made-e…

Should the March 1 filing deadline for farmers be abolished? We thought we would do a poll on this topic today. 🔗 farmcpareport.com/p/a-poll-on-th… #FarmTax #AgTax #FarmerTax #March1Deadline #TaxDeadline

Economic Substance and the Limits of Partnership Restructuring We review the Otay Project LP v. Commissioner case that shows the limits of "tax restructuring" farmcpareport.com/p/economic-sub…

New tax law lets producers write off an entire building the year it opens, instead of waiting 39 years. Here's what qualifies and what to watch out for. farmcpareport.com/p/irs-issues-g… #AgTax #FarmTax #BonusDepreciation #TaxPlanning #OBBBA

What Might 2026 PLC Payments Look Like? We estimated 2026 National PLC rates based on the USDA Ag Outlook Forum farmcpareport.com/p/what-might-2… #FarmBill #AgPolicy #USDA #Agriculture #FarmEconomics

The second is an $89 million heat-relief payment specifically for sugar beet growers impacted by excessive heat in 2024 — distributed through cooperatives to sidestep payment limits, meaning likely no cap on what growers can receive, estimated at ~$79/acre.farmcpareport.com/p/usda-announc…

The first is a $150 million payment shared across all sugar growers, estimated at roughly $75/acre (subject to a $155,000 payment limit).

USDA just announced relief for sugar cane and sugar beet growers — and there are two tranches worth knowing about.