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Tag: deferred taxes
What Is the Deferred Tax Monster and How Has It Been Changing Over Time? May 26, 2022
Farmland prices and machinery values began to increase in 2020 and those values really took off in 2021. In addition to this, we saw increased commodity prices. All of these […]
Farm Taxes: The Importance of Estimating Your Deferred Tax Liability May 19, 2017
Because agriculture producers can use cash accounting for federal and state income tax purposes, there is a recognizable difference between taxable farm income and accrual farm income. These differences can […]
