Filing a return and paying tax due by March 1st relieves you of the necessity and prevents you from being penalized for failure to make estimated payments throughout the tax year. This rule is one of the main reasons I cannot fathom a so called tax professional advising someone to make non compulsory estimated payments as was advised by several in an earlier post especially since oclearly stated that he had an off farm job.
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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