SIOUX FALLS, SD (July 8, 2019) – Farmers First Trust Company DST announces that Michael Gustafson, Principal, will be a guest on Rural America Live, July 11th at 9 p.m. (Central). This will mark the first appearance on RFD-TV by Farmers First Trust. Richard Schmitz, President of Farmers First Trust, said, “RFD-TV has an extensive following of farmers and ranchers across the country and we are looking forward to the conversation on July 11th.”
“The farm economy is in the middle of weather and grain pricing pressure, so our conversation will provide critical information for those that can take advantage of deferring taxes on the sale of land or commodities and preserve the value of their farm,” added Gustafson.
Tim Moan, CEO of RFD-TV commented, “Farmers First Trust brings a unique perspective to farm finances, we are looking forward to farmers’ response from the show.”
Gustafson will be joined on set by Darren Carlson, attorney and partner at Carlson & Burnett Attorneys at Law. Carlson & Burnett reviews the instalment sales documentation and writes the tax opinion letters for the tax deferral transactions farmers utilize with Farmers First Trust.
Farmers First Trust Company DST provides a tax deferral process for farmers, ranchers and their products. The Monetized Deferred Payment Transaction (US Patent Pending) MDPT utilizes United States tax code (USA only) for farmers and ranchers to defer taxes and monetize the installment sale. Online at: https://www.farmersfirsttrust.com/
Darren Carlson is the author of “MONETIZING” THE TAX DEFERRED INSTALLMENT SALE OF FARMLAND AND FARM COMMODITIES (IRS Section 453), 52 Creighton Law Review, Issue #2 (2019). For more information about Carlson & Burnett, LLP, please call (402) 216-0361 or visit www.carlsonburnett.com.
RFD-TV is the flagship network for Rural Media Group. Launched in December of 2000, RFD-TV is the nation’s first 24-hour television network featuring programming focused on the agribusiness, equine and the rural lifestyles, along with traditional country music and entertainment. RFD-TV produces six hours of live news each weekday in support of rural America and is a leading independent cable channel available in more than 52 million homes on DISH, DIRECTV®, AT&T U-Verse, Charter Spectrum, Cox, Comcast, Mediacom, Suddenlink, and many other rural cable systems. In addition, RFD-TV can be streamed online via The Country Club at rfdcc.com, DIRECTV NOW, Roku, and Sling TV’s Heartland Extra package.