Posted by JD Seller on March 16, 2018 at 16:44:36 from (208.126.189.95):
In Reply to: Tax Time posted by 37chief on March 16, 2018 at 09:11:01:
Well I hate paperwork so I make darn sure it is done in a simple accurate manner so I do not have to do it twice. The farm records are easy as the one DIL is a CPA. Even though she only does our paperwork. She is very good with all of it. All expenses are on a business program. Equipment bought and sold is on a spread sheet. Cattle bought and sold are on another spread sheet. Real simple to see what a pen of cattle cost and what the sold for. She has the feed cost on a per pen basis. So we can real easily see how each pen does. Grain crops are kept track of farm by farm. Once again we can see what is going on.
I will tell anyone in any business this one thing. Good records are key to being successful over the long haul. You need to know what your have done well and what you have not done well. Then you can manage to be better.
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Today's Featured Article - Upgrading an Oliver Super 55 Electrical System - by Dennis Hawkins. My old Oliver Super 55 has been just sitting and rusting for several years now. I really hate to see a good tractor being treated that way, but not being able to start it without a 30 minute point filing ritual every time contributed to its demise. If it would just start when I turn the key, then I would use it more often. In addition to a bad case of old age, most of the tractor's original electrical system was simply too unreliable to keep. The main focus of this page is to show how I upgr
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