Depreciation is the reduction in the value of business equipment over time, which impacts both taxes and financial statements. Kendall Kunelius and Rebecca Dube review depreciation with Sam Stoddard from Farm Credit East. They discuss special depreciation methods, building leases, and the importance of accurate record-keeping and financial management for farmers.

--------------------------------------------------
Show notes:  

Farm Credit East: https://www.farmcrediteast.com/ 

Samantha Stoddard: [email protected] 

Harvesting a Profit: https://www.farmcrediteast.com/en/FINANCING/Beginning-Farmer-Programs/Harvesting-a-Profit 

Cornell Cooperative Extension: https://cals.cornell.edu/cornell-cooperative-extension 

UNH Cooperative Extension: www.extension.unh.edu 

Generation Next at Farm Credit East: https://www.farmcrediteast.com/en/FINANCING/Beginning-Farmer-Programs/GenerationNext 

SCORE: https://www.score.org/ 

Women in Ag Newsletter signup - https://unhoutreach.tfaforms.net/217751?CID=701G0000001AiKCIA0  

Kendall Kunelius – [email protected]  

Rebecca Dube – [email protected]