Posted by kyhayman on August 06, 2009 at 19:45:11 from (75.105.0.38):
In Reply to: O/T CASH posted by farmer101IL on August 06, 2009 at 17:08:11:
Im sure glad I kept good records and reports when the IRS came to see me two years ago. They wanted to perform a 'research audit' as I was one of 50,000 Americans chosen for this honor. Every transaction, every dollar had to be accounted for. If I spent less than the national average on anything from food, to clothes, to pencils my kid used in school.
While in criminal court you have the assumption of innocent until proven guilty in a tax audit you have to defend every deduction or deviation from the norm. It took a year, cost me right at $10,000 for bank fees, accountants, etc for them to determine when its all said, done, and refigured that I didnt owe anything.
Any cash I'd used had to be accounted for. Period. If I failed to religiously use the bank before, I dont now. If I get paid it, it gets deposited, if I pay for it, it gets paid with a check or a business credit card.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Weldin Basics, Part 3 - by Curtis von Fange. Oxy-acetylene Welding - Part One In our series on welding we have taken a brief look at AC and DC arc welding along with basic techniques and safety equipment required for safe usage. Since our premise is to cover welding types that might best be used on a farm environment we have kept our overview purposefully simple and general. The second type of welding that this observer finds quite useful in
... [Read Article]
Latest Ad:
For sale Farmall super A tractor is complete and has just been setting for awhile,it was running when pulled out of the barn,shouldn’t take to much to get it going asking 1100.00
[More Ads]
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.
