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 - 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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