Ag-Visors

This article addresses the interplay of two old Missouri property law doctrines:  The doctrine of adverse possession and the doctrine of boundary by acquiescence.

Experts say that mortgage rates are at historic lows and now is the time to buy or refinance… but with so many options out there, how do you even begin to figure out the best home or farm loan for you? As with any big decision, it’s important to get all the facts from the best possible sources.

Regulations, regulations, requirements and more work for me.  All these regulations are is more job security for government officials creating jobs for them. Right?" Well, that is one way of looking at it. But, we all need to open our minds and look beyond our little area of the country. There is more to these requirements that meets the eye.

Reasonable people, including those within the IRS bureaucracy, will disagree on what constitutes an “ordinary and necessary” business expense – a big area of tax deductions.

Most of tax law is in “grey” areas.  For instance, reasonable people, including those within the IRS bureaucracy, will disagree on what constitutes an “ordinary and necessary” business expense – a big area of tax deductions.

In the last 10 to 12 years we have had a new disease come into our area of northwest Arkansas. It has been traveling east for quite some time. The name of this disease is TRICHOMONIASIS, caused by Trichomonas fetus. This disease causes early embryonic death of the fetus, usually in the first 90 days, but may also cause late-term abortion. This is a true sexually transmitted disease (STD) of cattle. Bulls that are infected with Trich (pronounced 'trick,' short for Trichomoniasis) act and appear normal but they continue to spread the disease. Trichomonas fetus lives in the prepuce of the bull’s penis and is transmitted to the cow during intercourse or breeding. This organism is a protozoon and will live in the prepuce of the bull for the rest of his life and for up to four to six months in the cranial vault of the vagina of the cow.

A tax case, Mullins v. United States, decided in the United States District Court in Knoxville, Tenn., considered an individual who owned and operated a cattle-raising operation who claimed he was entitled to deduct losses over a period of years. The court issued an opinion which focused on the fact that the taxpayer had consulted industry and legal experts, and that the land used for the cattle operation had appreciated in value. The court held that these factors indicated the individual's profit motive.

A tax case, Mullins v. United States, decided in the United States District Court in Knoxville, Tenn., considered an individual who owned and operated a cattle-raising operation who claimed he was entitled to deduct losses over a period of years. The court issued an opinion which focused on the fact that the taxpayer had consulted industry and legal experts, and that the land used for the cattle operation had appreciated in value. The court held that these factors indicated the individual's profit motive.

Let’s continue about lameness. Two topics we have not covered are white line disease and cork screw toes. White line disease is started with instability of the third phalanx or coffin bone in the toe. This is caused by many factors, including laminitis or founder. This laminitis is a separation of the insensitive lamina and sensitive lamina. The line between this lamina is called the white line. As we separate these two, a small space is allowed and dirt and debris get trapped causing an abscess. Most generally this is a mixed infection with a lot of fungus and/or yeast.

It's not a stretch to say many farmers and farm families can benefit from investing in IRAs and getting their estate plans in order. Many Individual Retirement Accounts (IRAs) have been hard hit by the fall in asset values. However, even bad markets can create estate planning opportunities.