Indiana Farm Bureau is here to help your business grow and thrive. We provide educational webinars, documents and expertise to help you make informed decisions and build a strong future for your operation.
Farmers can claim tax deductions on fertilizer already present in soil when purchasing land under Section 180 of the Internal Revenue Code, offering potential write-offs of hundreds or thousands of dollars per acre. However, this "residual fertility" deduction lacks clear IRS guidance and could cost far more than budgeted if widely claimed across the country. Farmers considering this deduction should understand the risks involved, as improper claims could result in significant financial penalties.
Indiana Farm Bureau hosted a virtual Farm Business & Diversification Conference with sessions on:
The full virtual conference can be viewed by clicking the button below and filling out the form. Some sessions were prerecorded and are available below.
Note: You will need to input your name, email and county to view the recordings.
Click here to watch the conference

Thank you to our sponsor, Farm Credit Mid-America. Click the button below for more diversification resources.