Tractor Talk Discussion Board |
Re: Tax Question
[ View Follow Ups ] [ Post Followup ] [ Return to Forum ]
Posted by david on March 04, 2003 at 06:33:05 from (205.204.242.23):
In Reply to: Tax Question posted by JW on March 03, 2003 at 18:40:56:
Prob want to use "Depreciation and Amortization form 4632 (I think my # is right). Can claim as 7 yr or possibly 179. That said, get an accountant. I used to think that, being a reasonably sharp person, a whole stack of degrees in ag, and some experience in farm mgt I could do my own taxes. Did ok, some years paid a 1000 or 2, some years got that back. 5 yrs ago I sold a house in a year when tax code really changed. For under $250 a really good local CPA does my taxes and basic accounting. Since switching from doing my own to her doinging my refunds have grown to 4000-5000. Best investment I ever made. Bottom line: you can do your own but sometimes it is more profitable to hire a pro.
Follow Ups:
Home
| Forums
Today's Featured Article -
Women and Tractors - More Views From the Farmer's Wife - by Teri Burkholder. The top ten reasons why the judges wouldn't let you participate in the stock antique tractor pull: Hey, this is stock! It came with that V8 in it! That "R" on my tires stands for "really old" not radial! Blue gas? We thought it was a pretty color! What wire hooked to my throttle?
... [Read Article]
Latest Ad:
Sell 1958 Hi-Altitude Massey Fergerson tractor, original condition. three point hitch pto engine, Runs well, photos available upon request
[More Ads]
Copyright © 1997-2024 Yesterday's Tractor Co. All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V. Yesterday's Tractors - Antique Tractor HeadquartersWebsite Accessibility Policy |
|