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 - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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