MarkB_MI had the best answer. Safe Harbor rules give you something to work with. I would suggest making estimated payments if it looks like you are going to have a huge windfall in profits this year too. Farm returns are a little more complex than the cookie cutter training that the "block" stores give their employees. But if you're comfortable with it, a farm return is pretty straight forward. All tax preparers have to be certified now (this includes CPA's too) but ask your preparer how much experience they have with Sch F and what kind of training they've had. You're paying them! If you decide you want to do them yourself, you can contact me and I'll walk you through it.
This thread was hijacked by Caterpillar guy's wife
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Today's Featured Article - Show Coverage: The Old Gold National Antique Tractor Show - by Cindy Ladage. Over the fourth of July weekend, the Illinois State Fairgrounds in Springfield, Illinois, was the site of the Old Gold National Antique Tractor Show. Tractors of all makes and models were displayed and separted into categories by their age. Deere, Oliver and even a Wards and Keck Gonerman were part of the crowd. A sea of red International Harvester's seemed to be the the model with the biggest showing. The crowd was decent for the scorching July heat. The opening day started o
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