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coup
Posted 1/11/2017 06:14 (#5759609 - in reply to #5759198)
Subject: RE: Well Marboro


USA
No need to cut any deals before 12-31 on inputs with folks eager to hand it over to simply defer taxes. Look @ farm machinery prices on auctions before 12-31 vs what the similar will more than likely be bought for in the next 120 days.

Money is cheap, too many times would be more profitable to the operation to keep the powder dry and pay the tax a year earlier.

It's the little things that had up over a period of years.

$100,000 spent before 12-31 @ 35% = $35000 less in tax due in 2017.

Instead of 25% savings after 12-31 will roll it back to 10% in this example= $10,000

@ 4% money cost for a year on $35,000 = $1400

$10,000- $1400= $8600

Invest the $8600 year in something on the farm that reduces taxes that will produce 20% ROI per year over 10 years = around $180,000

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