The IRS website has a wealth of information for farmers, ranchers and other farm workers. Whether they’ve got a question about whether crop insurance is taxable, they need to find financial resources for a small business, or they want to learn about industry trends, the IRS.gov can help get them answers.
Here are a few webpages on IRS.gov that may be useful to farmers and other taxpayers in the ag industry:
Forms and publications to help farmers
This webpage has a variety of tax forms and publications of interest to farmers. They can find information about how federal tax laws apply to farming, filing requirements and return forms, accounting periods and methods, farm income and expenses and much more.
Financial resources for small businesses
This page links business owners to many commonly-used financial resources for small businesses, from the Small Business Administration, to Farm Service Agency and others.
Agriculture trends and statistics
Keeping on top of industry trends is an important part of any business. This page provides industry-specific and general survey results that may be of interest to the small business owner.
Tax relief after naturals disasters
Draught, fire and flooding can hit farming operations hard. After a natural disaster, taxpayers can find information on the most recent tax relief provisions for taxpayers affected by disaster situations. People can also refer to the FAQs for Disaster Victims for more information.
The IRS Agriculture Tax Center is a great resource for tax info, forms and ag-related tips, including topics like:
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