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SW Ohio | With the end of the year approaching and the "fiscal cliff" that looms, what is everyone's thoughts on tax planning going forward for 2012 and 2013. I know crop prices won't continue to stay high forever but I feel they'll continue to stay good. If Sec 179 depreciation decreases or goes away how will you all plan to mitigate what Uncle Sam takes? I don't mind paying Uncle Sam his due but it frustrates me when we have to pay high taxes and our Govt keeps spending our money on wasted programs.
Please don't make this a political debate because this is not what I intended, I'm looking for help on what others are doing. Thanks! | |
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Tax planning
