Posted by LAA on February 05, 2014 at 04:40:55 from (86.51.147.113):
In Reply to: Re: tax refund posted by Eldon (WA) on February 04, 2014 at 22:43:56:
You originally stated a Farmer should owe no tax due to the depreciation schedule, what about the living wage he has to take out of his profits to support his family? What about any money to set aside for retirement? If all profits go to depreciable purchases what is the point? If a person is earning enough to support himself and his family he cannot avoid all tax no matter how good his accountant is.
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