BOONE, Iowa — Farm income from 2021-2023 was the best when compared to other three-year cycles in the past 50 years, said USDA Secretary of Agriculture Tom Vilsack at Farm Progress in Boone, Iowa, on ...

Various farm programs as established by the Farm Service Agency have various limits based on the farmer’s adjusted gross income (AGI). However, some of these programs also allow for either a double ...

QBI includes the income, minus wage income, deductions, applicable gains and losses, for every eligible pass-through business that a taxpayer operates in the United States or Puerto Rico. This income ...

Here are eight takeaways illustrating the landscape of U.S. farm productivity and financial resources. Released on Dec. 10, USDA-ERS published its 2024 edition of America’s Farms and Ranches at a ...