Farm managers and landowners now have an opportunity to ask a question to one of the farm management experts that serve on the Ohio Ag Manager Team! All that is required is to click on the Ask the Expert sign on the top left side of the Ohio Ag Manager Homepage. Type in your question and enter your email address so we can respond to your question. We look forward to serving your farm management educational needs!
Tax Credit Available for Hiring Veterans
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Hiring Farm Workers Under the Age of 16
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Ohio Farm Custom Rates 2012
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2012 Ohio Beef Enterprise Budgets
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How do I register my farm name in Ohio?
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Income Tax Management of Oil and Gas Lease Payments
by: Chris Zoller, Extension Educator, ANR, Tuscarawas County; Peggy Kirk Hall, Director, OSU Agricultural & Resource Law Program & David Marrison, Extension Educator, ANR, Ashtabula County
A renewed interest in oil and gas leasing in Ohio has the potential to provide landowners with substantial new revenue. Landowners who receive income from oil and gas lease bonus payments and royalty payments must understand the tax implications. Oil and gas income is subject to both federal and state income tax and must be reported appropriately. While a landowner can’t avoid paying taxes on oil and gas revenues, the landowner can use strategies to manage income taxes. This fact sheet reviews how to report oil and gas revenues and summarizes examples of tax management strategies for landowners.
Elimination of Federal Estate Tax Bill Proposed in Congress
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2012 Ohio Field Crop Enterprise Budgets
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Federal Estate Tax Exemption Limits Set To Drop in 2013
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Western Ohio Cropland Values and Cash Rents 2011-12
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2012 Farm Bill: Status and Outlook
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Information presented above and where trade names are used, they are supplied with the understanding that no discrimination is intended and no endorsement by Ohio State University Extension is implied.
Ohio State University Extension embraces human diversity and is committed to ensuring that all research and related educational programs are available to clientele on a nondiscriminatory basis without regard to race, color, religion, sex, age, national origin, sexual orientation, gender identity or expression, disability, or veteran status. This statement is in accordance with United States Civil Rights Laws and the USDA.
Keith L. Smith, Ph.D., Associate Vice President for Agricultural Administration and Director, Ohio State University Extension TDD No. 800-589-8292 ( Ohio only) or 614-292-1868





