Posted by Texasmark1 on February 10, 2017 at 14:50:33 from (184.20.249.214):
Say you have a 10 year straight line depreciation on a tractor, cash method. You are in your 6th year. Looking ahead at the 7th and 8th you have something coming up that will interrupt your activities to be resumed the third year and beyond.
No Schedule F filed the 7th and 8th year. On the 9th year taxes, does the/can the depreciation resume and finish out the remaining 4 years or is it kaput?
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Today's Featured Article - Harvestin Corn in Southern Wisconsin: The Early Years - by Pat Browning. In this area of Wisconsin, most crops are raised to support livestock production or dairy herds in various forms. Corn products were harvested for grain, and for ensilage (we always just called it 'silage'). Silo Filling Time On dairy farms back in the 30's and into the first half of the 40's, making of corn silage was done with horses pulling a corn binder producing tied bundles of fresh, sweet-smelling corn plants, nice green leaves with ear; the
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