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Accrual accounting in ag
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Lscholl
Posted 10/23/2017 15:09 (#6323033 - in reply to #6322707)
Subject: RE: Accrual accounting in ag



East central Indiana
You have to obtain approval from the IRS to change accounting methods and have to file form 3115. See IRS publication 225 Farmers TAx Guide. You should also consult with a good Farm CPA.
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