Tom, it's not really correct to say that farm returns are due March first. The deal is this: Farmers don't have to pay estimated taxes, but only if they file their return and pay their taxes by 3/1. If they miss that date, they're subject to penalties for underpayment of estimated tax. I think the rationale is that farmers typically don't get paid for their crops until late in the year, so they get a break on estimated tax. Now if a farmer wants to pay estimated tax, they can file April 15th just like everybody else.
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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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