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Three animated poultry figures sit around a table with blank faces and coffee cups in front of them.
Farm Estate Planning Series
Quick Tips for Farm Estate PlanningStudies have shown that fewer than 20 percent of farm families have an effective estate...
A man's hands and foot are visible as he kneels and sifts through soil. Chemical symbols like P-Phosphorus and K-Potassium are layered onto the soil image.
IRS Provisions for Excess Fertility Deductions on Purchased Farmland and Ranchland
-This article is intended for educational purposes only and does not constitute tax advice.Recent attention has been given to farmland and...
Beautiful native wildflowers bloom in the foreground, and a family farm with mature trees are visible in the background.
Understanding Illinois Farmland Property Taxes
Understanding Illinois property tax calculations is complex and confusing. Properties such as personal residences are taxed based on fair market...
Photo of financial forms with calculator on top.
Tips for Farm Financial Record Keeping
Keeping good financial records is vital for the farm's long-term success. Farm records can get neglected by most farmers who prefer to be out on the...
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Understanding Illinois farmland property taxes
HAVANA, Ill - Understanding Illinois property tax calculations is complex and confusing. Properties such as personal residences are taxed based on fair market value. The State of Illinois assesses farmland based on the agricultural use value rather than the farm market value. Based...
Financial Tips for Uncertain Times
Tips to create good financial habits
URBANA, Ill.- Establishing good financial habits early is a foundational element for long-term financial stability. University of Illinois Extension has teamed up with ...

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