Getting on Track: Better Management Through Basic Financial Statements

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GETTING on Track: Better Management Through Basic Financial Statements is a two-hour, internet-based course covering: An introduction to Financial Statements, Cash Flow Statements, Balance Sheets, Income Statements, Statement of Owner Equity, and Where Do I Go From Here?. Also included are a glossary, resource links for further research, and many other features.

The Basic Financial Statements course is available free of charge at RightRisk.org > Courses.

Getting On Track: Better Management Through Basic Ag Records

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Getting On Track: Better Management Through Basic Ag Records is a two-hour, internet-based course including four vignettes titled: Preserving The Tradition, Putting All Your Eggs in One Basket Get the Max From Your Tax, and 4-H Gone Hog Wild. Other topics covered include: Why keep records?, Basic record keeping 5 easy steps, Keeping production records, Keeping financial records, Schedule-F, Where do I go from here? A glossary, frequently asked questions, and resource links are provided, along with example records systems and much more…

The Basic Ag Records course is available free of charge at RightRisk.org > Courses.

Ag in Uncertain Times

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AG in Uncertain Times uses current technologies to assemble panels of speakers addressing major risk topic areas. The team utilizes evolving and recently available technologies to optimize the impact and reach of AIUT programming efforts. Starting in 2009, 30 English and 5 Spanish webinars featuring 133 individual presentations have been offered by a roster of nationally-recognized speakers. Recordings, podcasts (MP3), handouts, links and much more for every program offered are available on the site at no charge.

LEARN MORE or view materials at the Ag in Uncertain Times website: AgInUncertainTimes.FarmManagement.org.

Interest Rates for Operating Loans Rise Slightly From All-Time Lows

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Get an update on credit conditions in the agricultural sector by the Federal Reserve in the RightRisk Newsrelease at: https://RightRisk.org/news.

 
Interest rates on agricultural loans made by commercial banks increased slightly for some types of lending, but remained historically low through the first half of 2021.

Click here to learn more…

Federal Reserve Beige Book Summary on the Agricultural Sector

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Get an update on the agricultural sector by the Federal Reserve in the RightRisk Newsrelease at: https://RightRisk.org/news.

 
The Beige Book is a Federal Reserve System publication covering current economic conditions across the 12 Federal Reserve Districts. It characterizes regional economic conditions and prospects based on a variety of mostly qualitative information, gathered directly from District sources. The latest update was posted July 14th.

Click here to learn more…

¿Qué es un Formulario I-9 y quién lo necesita?

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EMPLOYERS must complete a Form I-9 for each person they hire to perform labor or services in the United States in return for wages or other remuneration. Employers use “Form I-9”, officially the Employment Eligibility Verification form, to verify the identity and legal authorization to work of all paid employees in the United States. The Form I-9 is not required for unpaid volunteers or for contractors.

Learn more via the recently completed 4-page, 4-color Ag Help Wanted UPDATE: ¿Qué es un Formulario I-9 y quién lo necesita?

Ag Help Wanted updates are available for download at: AgHelpWanted.org/updates.

RURAL TAX.org

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Tax issues are important for agricultural operations because income and self-employment taxes are a major cost and also because more and more USDA programs are linked to a producer’s federal income tax return.

Learn more about taxes and implications for agricultural businesses at: RuralTax.org/library.