![]() If you’ve got cars, trucks, and tractors moving around on your farm, it’s definitely worth a read!) (That’s one reason we put together another blog post recently: “ How to Save On Your Farm Taxes By Knowing What Vehicles are Eligible for Section 179”. ![]() We believe that you shouldn’t make the mistake of overstating your profits, and you shouldn’t send the IRS any more money than what you rightfully owe. Having said that, we’ve spent the past 40+ years helping clients who run ag operations keep as much of their hard-earned money as possible through the use of valid tax deductions. Before we begin any discussion on agriculture tax deductions, it’s important that we remind you: it is illegal to deduct any expenses that are not legitimate. ![]() The amount of money you pay the IRS is based on how much profit you’ve made that year. ![]()
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