The Farm Corporation

Editor's note
The following abstract describes a publication that is only available for purchase. A link to ordering information is on this page.

North Central Regional Publication

Types of farm corporations — sole proprietorship, C corporation, general/limited liability partnership, limited partnership, limited liability company, and S corporation — plus the advantages and disadvantages of each are explained here.

Also considered are

Deciding to incorporate
Taxes
Restrictions for Kansas, Minnesota, Missouri, Wisconsin, Iowa, Nebraska, North Dakota and South Dakota
The process of incorporation
Operation, dissolution and liquidation of a farm corporation.

Keywords

Death taxes
Employee benefits for owners
Federal income tax
Gift taxes
Sharing corporate income
Simplifying estate settlement
Stock transfer

Pages

NCR11, revised September 2002