Posted by JMS/.MN on March 28, 2010 at 22:45:38 from (209.237.107.155):
In Reply to: Taxes posted by Don S. on March 28, 2010 at 20:25:07:
Not since I started farming. Had a LPA for the first 16 years, been with a CPA who is one of at least 6 partners, for over 20 years. Their experience and knowledge complement one another, and are well worth the $500+ per year expense. In one instance, I described certain unusual conditions regarding a property sale, he went to the firm library, and copied the page out of the book that duplicated those conditions. Family members" so called tax advice was totally wrong, and 3 in-laws returns would have been impacted. Important to deal with competent folks.
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Today's Featured Article - Persistence Pays Off - by Sam Grice. About a year ago I was driving down Hwy 36 south of Houston and I saw an old John Deere H sitting in a field with the planters and cultivators still on it. It appeared that it hadn't run in some time, but I stopped and went to the farm house and asked if the tractor was for sale. The lady of the house who answered the door offered no answer, but said that she would talk to her husband and have him call me. I figured he was away at the time. Well I heard from him the next day, and he procee
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