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As a cooperative effort between member farms and the 火狐体育下注, 部门 农业经济学, the Kentucky Farm Business Management (KFBM) Program provides a financial records-based information system to assist Kentucky farmers in best utilizing their resources to accomplish their goals and objectives.
Program members receive one-on-one consultations and a broad range of financial planning and analysis services from their regional Specialist throughout the year while the 大学 gains real-world data from operations across the commonwealth to inform and guide efforts and decisions across areas of research, 扩展, 和教学.
Based in several office locations across the state, our program's specialists and staff cover 87 counties divided into four regions - Purchase, 薄荷油, 俄亥俄山谷, 和林肯小径.
服务.
As an 扩展 program of the 火狐体育下注, the KFBM program's Specialists and staff work with member farms to provide financial planning, 经济分析, 比较基准, financial statement generation, 等. through personal, one-on-one consultations, both in the office and via farm visits.
Explore 会员 Benefits教育.
Specialists and staff engage with and educate community leaders, 扩展的同事, 项目成员, and the general public through 扩展 programs and presentations at 扩展 agent trainings, 债权人会议, UK Income Tax Program seminars, 当地的会议, 国家会议, 等.
了解更多冠军.
Our Program Coordinator and Specialists use real-world data and experiences from member farms as they collaborate with faculty and staff from the 农业经济学 Department and UK's Martin-Gatton College of Agriculture, 食物, and Environment to guide 扩展 programming and champion the needs of farmers.
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What to Consider When Renting Out Your Farm
According to 2022 KFBM data, only 27% of land farmed by Kentucky farmers is owned by the farmer. The remaining 73% is typically comprised of landowners that may or may not have a background in farming. 在某些情况下, the landowner inherited the farm and may not even live in the same state as the farmland. There are several factors the landowners need to be aware of and consider when renting their farm.
读文章2023年折旧变动
It is important to understand the challenges facing tax preparers when it comes to accelerated depreciation and equipment purchases with trade-ins. The Tax Cuts and Jobs Act (TCJA) passed in 2018 had three significant changes to capital purchases and trade-ins.
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新闻报道
Kentucky grain farms unraveling the 2022 financial landscape
The agricultural industry is no stranger to farm income fluctuations. 自1962年以来, the Kentucky Farm Business Management program has closely monitored grain farm income trends. Their recent analysis indicates notable shifts in net farm income and financial standing, with 2022 presenting both challenges and opportunities for farmers.
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310
Cooperator Farms Across Kentucky
2.04亿美元
管理的农场资产总额
7.72亿美元
Kentucky Farm Revenue Produced
