Farm accounting continues to evolve
Software expert Karen D. Wright of North Battleford, Sask., has seen a lot of changes in ag accounting software over the years, both in performance and farmers' expectations.Sep 7, 2016
Know the tax rules before selling grain in the U.S.
While selling grain to the U.S. is becoming easier, Canadian farmers likely need to file a U.S. federal income tax return with the American Internal Revenue Service (IRS) to avoid facing major penalties.Sep 7, 2016
Looking to make your life easier during tax time?
AgExpert Analyst accounting software has many features to help you and your accountant stay organized and analyze what's going on with your farm year-round.Oct 21, 2016
Buy or lease farm equipment: Which option is right for you?
Deciding whether to buy or lease farm equipment can be a difficult decision. Lance Stockbrugger explains the differences between buying and leasing in this video.Sep 7, 2016
Calculating payback period – a helpful tool to assess projects
The payback period and discounted payback period are two useful methods to evaluate the time it will take to recover the capital outflow of an investment project.Oct 10, 2017
Understanding financial ratios key to farm health
Financial ratios are used to look at liquidity, solvency and profitability of agriculture. Knowing these ratios is a first step in building the financial picture of your operation.Sep 6, 2016
Hug your accountant, and maybe even your lawyer
Working with accounting and legal professionals can help you tackle incorporation and capital gains issues and save you headaches down the road.May 28, 2018
3 top tax tips for farmers
Farm income tax is an essential, everyday part of farm management. Here are some top tax tips.Jan 13, 2017
Calculate your true costs
Knowing your cost of production and your cash flow needs are essential elements of a good marketing plan.Sep 7, 2016
Farm financials in Canada and the U.S.: Considering the differences
Canadian asset values outpace U.S. growth in assets. Asset values in Canada have climbed each year over the last five, and they’re expected to continue climbing in 2017, an indication of a healthy farm economy.Mar 14, 2017