Am I running a commercial farm?
July 3, 2020 - Author: Florencia Colella
This video gives insight into some tax differences between hobby and commercial farming.
Michigan State University Extension has many other resources available, including bookkeeping and financial analysis tools to help you with the important decisions you have to make as a farm manager. Many of these resources can be found at the MSU Extension Farm Management website: https://www.canr.msu.edu/farm_management. Contact your Farm Business Management Extension Educator if you need help finding the right resources for your particular situation.
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“Enthusiasm” music by Jay Man is licensed under CC BY 2.0.
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“Enthusiasm” music by Jay Man is licensed under CC BY 2.0