Farmers’ tax strategies change as cash flow gets tighter
Author
Published
11/1/2016
Farmers’ cash flow is going to be tight in 2016 and most likely in 2017.
In previous years, farmers have had higher incomes and have offset that by using the Section 179 Expense Election. This has allowed them to expense up to $500,000 of qualifying asset purchases, which included machinery purchases.
This has been...
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