The drought is raising some familiar questions about the deferability of crop insurance proceeds, as well as tax deferrals available for drought-forced sales of livestock.
Anthony Barrett is a farm financial consultant with Nebraska Farm Business Inc. He was one of the presenters on a recent Nebraska Farm Bureau drought webinar and, afterwards, we asked him to review those tax deferral options and other tax issues that may be looming.
AUDIO: Anthony Barrett (3:00 MP3)
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