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Franklinton, LA | Using a good CPA who is familiar with farming and keeping records on an Excel spread sheet has worked well for me. Using the same spread sheet templet each year has helped me and the CPA. I feel very good tonight because I received my Federal and Louisiana income tax refund checks today. Tomorrow I will mail a check for my Mississippi state income tax. This year could be interesting because I plan to thin one plot of 12 year old pine trees and clear cut some plots with older trees. Sooner or later it will get dry enough to harvest the trees without too much bogging of the Hydro Ax and Skidder. After the logging operation I plan to do some site prep, burn the debris and apply herbicide on the clear cut plots.
Edited by DRester 3/29/2013 20:34
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Tax Management
