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Year end tax planning and hitting the mark
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lawfarms
Posted 12/26/2015 10:47 (#4987897 - in reply to #4987874)
Subject: RE: Year end tax planning and hitting the mark



King City, Mo
Always a good idea.

I work a w2 job also so if the farm shows a profit I don't get withholdings back like my coworkers do. I'm working on building and improving things so trying to keep obummer outta my pocket. I'd rather have something that makes my farm better or my life easier then to pay more in. I've saved myself $xxxx of taxes by buying fertilizer ect and then got $xxxx back that I wouldn't of if I haddnt planned. I've been down the road of paying in $xxxxx and it sucks majorly.

Sometimes knowing how to repair your own machinery saves you money and sometimes doing a tax forecast makes you money. We all have things we excell at and need help in other areas.
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