Items: Management & Finance
The Cost of a Bad Hire
By Steve Isaacs | Extension Professor
Published on May. 31, 2022
Desperate times often require desperate actions, and no time seems more desperate than when the needs are great, time is limited, and labor is short. You need help and you need it now! Add the competition from $15-18/hr service sector wages to the mix and the situation seems almost hopeless.
Agricultural Sales Tax Exemption Now Streamlined
By Laura Powers | KFBM Area Extension Specialist
Published on May. 31, 2022
On March 20, 2022, Governor Andy Beshear signed Senate Bill 121 enacting a streamlined process for eligible farmers to receive a sales tax exemption on eligible purchases. As this bill was given “emergency” status, the bill became effective upon the Governor’s signature.
3 Tips for Farm Management During Rising Inflation
By Jennifer Rogers | KFBM Area Extension Specialist
Published on Apr. 28, 2022
With input prices on the increase and so many things changing with our economy, it is important that producers think about how to manage during rising inflation. There is nothing that we can do to control the prices that we have to pay for products, we can only make sound management decisions about what we purchase and how we manage cash, and t
Food Price Inflation – Trends and Implications for U.S. and Global Consumers
By Will Snell | Extension Professor
Published on Apr. 28, 2022
Inflation dominates today’s conversation among the media, politicians, and everyone impacted–i.e., all of us as consumers.
Maximizing Value: 2022 Spring Application of Broiler Litter for Grain Crop Production
By Jordan Shockley | Associate Extension Professor
Published on Mar. 31, 2022
Spring is here and grain producers across the state are gearing up for planting. One of the many decisions producers have to make before planting is in regard to their nutrient management plan. Broiler litter provides a great opportunity as a complete fertilizer and is being produced and used throughout the state in grain production. However,
Reducing Your Dependency on Commercial Fertilizers Strategies for Cattle Farms in 2022 and Beyond
By Greg Halich | Associate Extension Professor
Published on Feb. 28, 2022
Fertilizer prices have risen to all-time high levels in the last few months. Table 1 shows these increases over the last year for the most common commercial fertilizer sources used by cattle farmers. Nitrogen and potassium fertilizers have both more than doubled over the last year.
IRS Extends March 1 Filing Date for Kentucky Farmers Affected by December Tornadoes
By Jerry Pierce | KFBM Program Coordinator
Published on Feb. 1, 2022
The Internal Revenue Service has announced that certain farms affected by the December 10th severe storms and tornadoes now have until May 16, 2022 to file 2021 returns and pay tax due.
Inflation – “Good” or “Bad” for Agricultural Producers and Consumers?
By Will Snell | Extension Professor
Published on Jan. 28, 2022
Inflation has been headline news for several months and certainly an issue impacting all businesses, industries, and all of us as consumers.
Update on Agriculture Exemption Number for Sales Tax Exemption on Farm Purchases
By Jerry Pierce | KFBM Program Coordinator
Published on Jan. 28, 2022
The application deadline for farms with existing Exemption Certificates on file with farm suppliers was January 1, 2022. Applications are still being accepted for existing farms.
Demand for Certified Kitchen Use Nationally and in Kentucky
By Camille Stevens | Extension Associate
Published on Jan. 28, 2022
Many Certified Kitchens saw a shock to their system and a halting of kitchen rentals and revenue as COVID-19 made its impact.