Several years ago I got a dividend check from a Coop that I rarely did business. $13.67. I put the check on my desk and the wife filed it thinking it was a paid invoice. So I got a 1099 for that check. While getting my records ready to do my taxes I found the original check. My bank told me that it was no longer good because it was too old. I called the Coop and they could not replace it as they no longer where an Coop. They had sold out to another outfit. No problem for the amount it was. I go to get my taxes done. My tax guy had to file a form for the dividend because of the 1099. I pay a flat rate PLUS so much for each addendum to my tax preparer. That cost and the taxes on the $13.67 was more than the check was. Plus I did not get the check cashed. LOL So my dividend cost me money.
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Today's Featured Article - A Question for Dads This recent topic from the Tractor Talk discussion board is being highlighted because it is an awesome display of the caliber of individuals that have made this site their own. The young person asking questions received positive feedback and advice from total strangers who "told it like it is" with the care many reserve for their own kids. The advice is timeless... so although it isn't necessarily antique tractor related, it will be prominently displayed in our archives to honor those who have the courage to ask and those who have the courage to respond in an honest, positive manner.
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