The book also includes discussion of employment taxes, formation and advantages of use of business entities, federal farm payments, state laws on corporate ownership of farm land, federal gift tax law, annuities, installment obligations, charitable deductions, all with an eye to the least expensive and most efficient transfer of the farm to heirs.

Harl holds a bachelor’s degree and a Ph.D. in economics from Iowa State University and a law degree from the University of Iowa. He is also the Charles F. Curtiss Distinguished Professor in Agriculture and Emeritus Professor of Economics. He retired from the Iowa State University faculty after 40-years service.

Besides the latest edition of Farm Estate and Business Planning, the Agricultural Law Press also publishes a biweekly newsletter, Agricultural Law Digest; a desk reference book, Agricultural Law Manual by Dr. Harl, a college-level text; and Principles of Agricultural Law, by Roger A. McEowen and Dr. Harl. For more information, visit www.AgriLawPress.com.

The latest edition is available in print and all forms of eBook, including the Kindle, Nook and iPad, downloadable from the Agricultural Law Press web page dedicated to this book at http://alp.omnistorefront.com.

Harl is already making plans for another edition when Congress reauthorizes the tax code for 2013.