Angus Cowman
Well-known member
- Joined
- Oct 12, 2008
- Messages
- 7,157
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I don't have to worry about it too much If I ever get audited my CPA will handle it plus she might take Jed's momma with her and them folks from the IRS better hideOuachita":o3vxdf1v said:You nailed it. Bait is so important, it should be a part of any business plan albeit unwritten. Sound advice jed.jedstivers":o3vxdf1v said:Get a Ag CPA. Any ligit farm expense is deductible. Set up a farm checking acct, you don't have to take every receipt to the CPA. Keep them though so you have proof. Also put a little bait out once in a while so if you are audited they don't have to dig and dig to get something on you. Makes them happy, your happy they stop digging, you write a check, they look good. Everyone's happy, happy, happy.