Then the farmer who doesn’t claim income doesn’t need to claim expenses? How would he spend that much cash? Everyone he deals with would have to be shady. Operating that way would limit the farmer’s possibilities when buying supplies. Doesn’t that farmer participate in the farm program? They pay the farmer direct to his bank acct and send a 1099. If the farmer is in the farm program the FSA has the farmer’s SS# so where is the income off his farm?
It’s ironic how some people brag about being so patriotic to their country yet the same people try to avoid supporting their country financially. Ya, I know, our tax money is wasted so why should I pay tax!
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Today's Featured Article - Tractor Profile: Farmall M - by Staff. H so that mountable implements were interchaneable. The Farmall M was most popular with large-acreage row-crop farmers. It was powered by either a high-compression gas engine or a distillate version with lower compression. Options included the Lift-All hydraulic system, a belt pulley, PTO, rubber tires, starter, lights and a swinging drawbar. It could be ordered in the high-crop, wide-front or tricycle configurations. The high-crop version was called a Model MV.
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