29.6 F
Springfield
Thursday, January 9, 2025

Farm Finance

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The IRS raised a record of $48.7 billion in revenue in fiscal year 2006 – revenue generated from audits of individuals, small businesses and corporations. There are about 115,000 IRS employees. This translates into a significant net profit to the Government. There was a 7 percent increase that year in individual audits, and an 8 percent increase in small business audits.

Farm Finance

0
The IRS raised a record of $48.7 billion in revenue in fiscal year 2006 – revenue generated from audits of individuals, small businesses and corporations. There are about 115,000 IRS employees. This translates into a significant net profit to the Government. There was a 7 percent increase that year in individual audits, and an 8 percent increase in small business audits.

The Udder Side of the Story

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Well, last issue I ran out of space to finish the whole topic on cattle buyers and sellers, and the cattle market environment here in northwest Arkansas.

Ag Law

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The elections are over and it seems like there’s not much going on in Washington, D.C.  besides the old politicians moving out and the new ones moving in. But rest assured, there are some people working diligently to get things accomplished over the next few months. At USDA, they are working to get regulations in place that implement the 2008 Farm Bill.

Ag Law

0
The elections are over and it seems like there’s not much going on in Washington, D.C.  besides the old politicians moving out and the new ones moving in. But rest assured, there are some people working diligently to get things accomplished over the next few months. At USDA, they are working to get regulations in place that implement the 2008 Farm Bill.

The Udder Side of the Story

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In the last few years, things have been changing in the cattle industry.  These changes have been slowly coming to our area. I haven’t heard anything about them until the last few months. In the last year, these changes are starting to affect the local cattle market.

Farm Finance

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Lending has changed a lot over the last several years. In our grandfather’s era a person of good character could borrow money on the signature of their good name for many purposes, or if they obviously had adequate security for the requested loan.

Ag Law

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Congress amended the Clean Water Act (CWA) in 1987 to establish the section 319 Nonpoint Source Management Program because it recognized the need for greater federal leadership to help focus State and local nonpoint source efforts. Under section 319, State, Territories and Indian Tribes receive grant money which support a wide variety of activities including technical assistance, financial assistance, education, training, technology transfer, demonstration projects and monitoring to assess the success of specific nonpoint source implementation projects.

Farm Finance

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Right now we're all worried about the banking systems and our ability to secure loans in the future.

Farm Finance

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The (ABA) American Bankers Association has declared that this year’s "Get Smart About Credit Day" was Oct. 16.  Employees from banks everywhere are encouraged to invest in their communities by educating people on the benefits of establishing and maintaining a good credit history. 
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