Economists Prepare Overview of How Tax Changes Impact Farming

There have been a lot of tax changes that will affect farmers.

Purdue agricultural economists George Patrick and Bruce Erickson have put together a guide to some of the more than 11 tax provisions that have been passed by Congress since December of 2007. For farmers that will have record incomes this year, a grasp of those tax regulations will be critical for tax planning. This guide covers everything from expensing limits to depreciation and deferring income to prepaying expenses. To view the article, click HERE.

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