A good farm tax accountant is worth their weight in gold, literally. For the grand total of $380.00 the nice lady at the CPA office in town takes my stack of cancelled checks and assorted and sundry receipts and produces a nice, professional looking federal, state, and county income tax return. That's schedules C, D, E, and F, all the suppliments, taxable bonds, tax exempt bonds, mutual funds, stock trades, real estate, the works. When the IRS wanted to look at my books a few years ago, she handled it. I met with them one time for 15 minutes, and at the end of two years of pouring over 4 years of tax returns I paid her an additional 1000 dollars and the IRS nothing. She is the most valuable business asset I have.
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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