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School me on income taxes in relation to farming
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<blockquote data-quote="jedstivers" data-source="post: 1089310" data-attributes="member: 8873"><p>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.</p></blockquote><p></p>
[QUOTE="jedstivers, post: 1089310, member: 8873"] 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. [/QUOTE]
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School me on income taxes in relation to farming
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