Farming Podcast | Can Soil Data Lower Farm Taxes? | XtremeAg
This episode explains how Section 180 of the tax code may allow farmers and landowners to deduct a portion of soil fertility value from taxable income after buying or inheriting farm ground. Gunnar Bodvarsson and Austin Koch of Earth Optics join Damian Mason to outline the information required, including soil data, purchase details, and agronomic analysis, and explain how a report can be used by a CPA to support the deduction. More podcast episodes here 👉 https://www.xtremeag.farm/podcasts Farming Videos 👉 https://www.xtremeag.farm The Granary 👉 https://www.xtremeag.farm/the-granary #farming #agriculture #farm #agronomy #nutrients #fertility #agexperts #farmlife #xtremeag #nutrientmanagement #crop #high-yield #corn #soybeans #sustainablefarming #farmer #farmequipment
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