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<blockquote data-quote="HerefordSire" data-source="post: 578929" data-attributes="member: 4437"><p><em>I would think you could do allot better because you should be able to get a refund for 100% of the taxes you paid as the result of your off-the-farm employment provided you are not profitable, usually as the result of being a first generation farmer with a land payment. If you are a second or higher generation farmer, this could be an entire different ball game. The trick would be to be ethical, pay a little taxes, and increase assets much faster than liabilities. This value will show up in net worth, which is what working is all about for many.</em></p></blockquote><p></p>
[QUOTE="HerefordSire, post: 578929, member: 4437"] [i]I would think you could do allot better because you should be able to get a refund for 100% of the taxes you paid as the result of your off-the-farm employment provided you are not profitable, usually as the result of being a first generation farmer with a land payment. If you are a second or higher generation farmer, this could be an entire different ball game. The trick would be to be ethical, pay a little taxes, and increase assets much faster than liabilities. This value will show up in net worth, which is what working is all about for many.[/i] [/QUOTE]
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