http://www.mnp.ca/media-centre/blog/tags/farm-managementFarm Management Blog Post RSS FeedCopyright 2012MNP All rights reserved.By this time most farmers will have their 2009 harvest in the bin. So, the next task is to consider looking at your accounting records to plan for the current year’s tax liability. The following is a list of items farmers should pay close attention to prior to December 31, 2009.http://www.mnp.ca/en/media-centre/blog/2009/11/25/top-9-year-end-tax-planning-tips-for-farmers/Wed, 25 Nov 2009 00:00:00 GMTGiven the significant increases in land and quota values over the last number of years, it is becoming increasingly difficult to transfer the family farm at fair market value. This tax-deferred rollover can be an invaluable tool in succession planning and benefit future generations.http://www.mnp.ca/en/media-centre/blog/2011/1/26/transitioning-the-family-farm/Wed, 26 Jan 2011 00:00:00 GMTIf you own a Canadian business, you have probably heard something about the capital gain deduction (or capital gain exemption). In my practice, clients are often surprised to learn it is not available to all businesses in all situations.http://www.mnp.ca/en/media-centre/blog/2011/2/17/using-your-capital-gain-deduction/Thu, 17 Feb 2011 00:00:00 GMTFinance Minister Ken Krawetz presented Saskatchewan’s 2011 Provincial Budget on March 23, 2011.http://www.mnp.ca/en/media-centre/blog/2011/3/23/saskatchewan-budget-announcement-2011/Wed, 23 Mar 2011 00:00:00 GMTAn individual has $750,000 of capital gain deduction that can be used to offset capital gains realized on certain qualifying property, including land that is qualified farm property. The Income Tax Act has requirements that must be met for farmland to be considered qualified farm property.http://www.mnp.ca/en/media-centre/blog/2011/5/19/does-my-land-qualify/Thu, 19 May 2011 00:00:00 GMT