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Gifting grain and taxes question
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tedbear
Posted 12/20/2014 06:51 (#4252333 - in reply to #4251626)
Subject: RE: Believe the story. Farmer deducted expenses for a non-business project.


Near Intersection of I-35 & I-90 Southern Mn.
I've never been involved in an audit and hopefully never will. I was just assuming that if it came to a face to face meeting with an auditor that my tax person and myself would both be in attendance. It sounds as if Jake would keep the client out of such a meeting.

And yes, my pickup expense is at 75% for farm use.
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