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Planning for retirement? A CRAT may help alleviate some deferred tax liability.

Many farmers spend their lifetime trying to build wealth so that someday they can enjoy retirement. But, when retirement finally comes, the years they spent deferring and minimizing taxes along the way by maxing out depreciation, prepaying inputs, and deferring grain and livestock sales year after year, has snowballed into a large and looming tax […]

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hauling hay

New corporate reporting rule: Is your farming operation required to report Beneficial Ownership?

Over time, there are always changes to business compliance requirements. One of the newest reporting requirements is Beneficial Ownership Information (BOI).  This new requirement was created under the Federal Corporate Transparency Act to strengthen the integrity of the U.S. financial system making it harder to launder money, hide assets, or avoid tax liability. What Does

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Companion Complete Operating Lines Offer Peace of Mind in Managing Your Cash Flow

As a farmer, it’s important that you have continuous access to working capital to support your production expenses and guarantee a balanced cash flow. About AgQuest’s Companion Complete To ensure funds are available when you need them, AgQuest offers Companion® Complete, a traditional full-operating line of credit that supports your farming operation and gives you

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Holiday Fire Safety

During the busyness of the holiday season, it can be easy to overlook practical steps to avoid accidental fires. The National Fire Protection Association (NFPA) found that more than one-third of home decoration fires are started by candles and more than two of every five decoration fires happen because decorations are placed too close to

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Holiday fire safety

Why Do You Need Contractors Insurance?

We often receive questions about why individualized insurance coverage is important. Maybe you too wonder this at times when questioning if you need insurance coverage for something. It is important to remind yourself why you purchase insurance in the first place: for protection against risks and liabilities. Let’s take a deeper look into why contractors

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