Posted 1/22/2017 20:56 (#5787070 - in reply to #5787053) Subject: RE: Anyone else showing a loss on their taxes?
Oklahoma Panhandle
I wouldn't worry about an audit. Depending on Your leverage, I would communicate with your banker as they like to see progress.
Increase balance sheet. Pay income tax. Clean up operating note or have liquidity (contracted grain) to do so. If You do these three things You will ,more than likely, never have to look for a new banker.
Anyone else showing a loss on their taxes?
