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My accountant claims…
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DCH
Posted 2/16/2026 14:34 (#11553834 - in reply to #11553279)
Subject: RE: My accountant claims…


Farmers income on tax returns generally trails by a year or even 2.

Tell him to convert to accrual and use GAAP. You will find that debt reduction accounted for all increase in net worth and working capital was much tighter.

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