Welcome! Please use the navigational links on your left to explore our website.

Company Logo Shop Now
   Allis Chalmers Case Farmall IH Ford 8N,9N,2N Ford
   Ferguson John Deere Massey Ferguson Minn. Moline Oliver
Classified Ads
Photo Ads
Tractor Parts

Discussion Forums
Project Journals
Tractor Town
Your Stories
Show & Pull Guide
Events Calendar
Hauling Schedule

Tractor Photos
Implement Photos
Vintage Photos
Help Identify
Parts & Pieces
Stuck & Troubled
Vintage Ads
Community Album
Photo Ad Archives

Research & Info
Tractor Registry
Tip of the Day
Safety Cartoons
Tractor Values
Serial Numbers
Tune-Up Guide
Paint Codes
List Prices
Production Nbrs
Tune-Up Specs
Torque Values
3-Point Specs

Tractor Games
Just For Kids
Virtual Show
Museum Guide
Memorial Page
Feedback Form

Yesterday's Tractors Facebook Page

Related Sites
Tractor Shed
Ford 8N/9N Club
Today's Tractors
Garden Tractors
Classic Trucks
Kountry Life
Tractor Talk Discussion Forum

Electrical, Legal and Accounting

Welcome Guest, Log in or Register
Author  [Modern View]
David G

11-09-2019 07:11:36

Report to Moderator

I would like to pull from the YT accounting knowledge base.

I thought that there were tax changes on S corp income for 2019, can someone tell me the rates?

[Log in to Reply]   [No Email]
Dave H (MI)

11-09-2019 14:36:27

Report to Moderator
 Re: Electrical, Legal and Accounting in reply to David G, 11-09-2019 07:11:36  
Subchapter S Corporations are pass through entities and most things are passed to the shareholders who then pay the taxes. An oversimplified version of what happens but if you have specific questions about items of income and expense or other items related to S Corps, send me an email. When I started in this business over 30 years ago S corps were a bit of a specialty as most of my clients at the time used that vehicle for their businesses. Most still do. I think they are versatile entity for tax planning which is getting harder with every year. My email is open in modern view if you cannot access it in classic. Shoot me whatever you want to know...no charge.

Dave H (MI CPA)

[Log in to Reply]  [No Email]

11-09-2019 13:41:00

Report to Moderator
 Re: Electrical, Legal and Accounting in reply to David G, 11-09-2019 07:11:36  
Quoting Removed, click Modern View to see

irs.gov on the front page. Scroll down, choice # 7: Get Answers To Your Tax Questions,

You can also call them. Years back they were not to bad on waiting time. I guess they still man the phones?


[Log in to Reply]  [No Email]
Tony in SD

11-09-2019 09:19:24

Report to Moderator
 Re: Electrical, Legal and Accounting in reply to David G, 11-09-2019 07:11:36  
With all due respect, I would call my CPA on this one. I personally would not base any tax decisions on what lay people may say on here even if they do attest to be a CPA.

[Log in to Reply]  [No Email]
[Options]  [Printer Friendly]  [Posting Help]  [Return to Forum]   [Log in to Reply]

Hop to:

Fast Shipping!  Most of our stocked parts ship within 24 hours (M-Th). We have the parts you need to repair your tractor - the right parts. Our fast shipping, low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]

Home  |  Forums

Copyright © 1997-2020 Yesterday's Tractor Co.

All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy

TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.

Yesterday's Tractors - Antique Tractor Headquarters

Website Accessibility Policy