Morrisons Cove Herald - Putting cows on the front page since 1885.

By JENA KIESS
Farm Credit Accounting Officer 

Prepare For Year-End Tax Planning and Filings

 

November 23, 2022



Not everyone enjoys doing taxes, but they are an annual requirement for most of us. If you are a farmer or small business owner, tax time can be especially challenging!

Have you been maximizing your tax deductions? Are there items that are falling through the tax cracks? As a farm tax accountant, I highly encourage you to look at these common items that you may need to analyze every year.

Take control over your tax plan

Annual tax planning is a proactive way to minimize tax liabilities and ensure all available allowances, deductions, exclusions, and exemptions are working together in the...



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