Tax exemptions

jack

Farm Hand
Messages
80
If you are a farmer whose land gets classified in the farmland category, there is a chance of reaping significant tax savings. Have you ever considered consulting a professional before?
 

Shelbii

Farm Hand
Messages
55
I have not. I wouldn't even know where to start. I guess I should just to see if there is some tax deduction I'm missing. How would one go about this?
 

jack

Farm Hand
Messages
80
I have not. I wouldn't even know where to start. I guess I should just to see if there is some tax deduction I'm missing. How would one go about this?
Most of us wouldn't know where to start because the tax landscape is very complicated. A financial advisor or expert can help to break everything down and help you get as many tax breaks as possible. By the way, even part-time farmers can still benefit.
 

greg

Farm Hand
Messages
91
When it comes to matters accounting, it is better to consult a professional and let them run with it. In this way, a farmer can get necessary tax breaks and stay updated as well.
 
 
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