Overview The One Big Beautiful Bill Act made 100 percent bonus depreciation permanent for assets placed in service after January 19, 2025. So, this year, you will be able to deduct 40 percent of the cost of buildings and equipment placed in service between January 1 and January 19. After […]Read more »
Secured Transactions
48 posts
Borrowing Shouldn’t be a High Stakes Gamble Overview The business of agriculture is inherently risky. From volatile commodity markets and unpredictable weather to the ever-present threat of pests and disease, farmers operate in an environment where success is constantly hanging in the balance. When credit is introduced (often the essential […]Read more »
Overview I have started a new Substack that contains the “Rural Practice Digest.” You can access it at mceowenaglawandtax.substack.com. While I will post other content from time-to-time that is available without a paid subscription, the Digest is for paid subscribers. The inaugural edition is 22 pages in length and covers […]Read more »
I haven’t been able to write for the blog recently given my heavy travel and speaking schedule, and other duties that I have. But that doesn’t mean that all has been quiet on the ag law and tax front. It hasn’t. Today I write about several items that I have […]Read more »
Overview The field of agricultural law is broad and dynamic. There is always something happening. That’s a function of the many varied ways that the law intersects with land ownership, land use, economics and the production of food and fiber. Below is my commentary on a few recent cases involving […]Read more »
Overview On August 7-8 in beautiful Coeur d’ Alene, ID, Washburn Law School the second of its two summer conferences on farm income taxation as well as farm and ranch estate and business planning. A bonus for the ID conference will be a two-day conference focusing on various ag legal […]Read more »
Overview When a farmer sells farm products such as crops and livestock in the normal course of the farming business, those products often are also serving as collateral for a lender’s security interest. So what are the rights of the buyer in that instance? Does the buyer take the goods […]Read more »
The following is a listing by category of my blog articles for the first quarter of 2023. Bankruptcy Failure to Execute a Written Lease Leads to a Lawsuit; and Improper Use of SBA Loan Funds https://lawprofessors.typepad.com/agriculturallaw/2023/02/failure-to-execute-a-written-lease-leads-to-a-lawsuit-and-improper-use-of-sba-loan-funds.html Chapter 12 Bankruptcy – Proposing a Reorganization Plan in Good Faith https://lawprofessors.typepad.com/agriculturallaw/2023/02/chapter-12-bankruptcy-proposing-a-reorganization-plan-in-good-faith.html Business Planning […]Read more »
Overview Most agricultural operations are dependent on borrowed money or financing for continuing in business. Presently, United States agriculture bears about $450 billion in total real estate and personal property debt. With this financing comes the need to understand the legal relations created by such debt, and the rights and […]Read more »
Overview After the first half of 2022, I posted a blog article of a bibliography of my blog articles for the first half of 2022. You can find that bibliography here: Bibliography – January through June of 2022 https://lawprofessors.typepad.com/agriculturallaw/2022/09/bibliography-january-through-june-of-2022.html. Bibliography of articles for that second half of 2022 – you […]Read more »