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Farmers, Fishers Face March 1 Tax Deadline

Bob Williams - February 22, 2022
Farmers, Fishers Face March 1 Tax Deadline

The Internal Revenue Service doesn’t want the March 1 tax deadline for farmers and fishermen to be “the one that got away.”…

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Drought-Stricken Farmers, Ranchers Get Tax Relief from IRS

Bob Williams - September 23, 2020
Drought-Stricken Farmers, Ranchers Get Tax Relief from IRS

American agriculture is in the grip of a major drought, with many farmers and ranchers forced to sell off major portions of their herds to avoid starvation.…

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IRS Wants Farmers and Fishermen to Remember March 2 Deadline

Ryan Norton - February 26, 2020
IRS Wants Farmers and Fishermen to Remember March 2 Deadline

If any of your clients make two thirds of their gross income from farming or fishing, they may need to file a Form 1040 and pay tax due on Monday.…

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Farmers Get More Time for Drought Relief Measures

Bob Williams - October 07, 2019
Farmers Get More Time for Drought Relief Measures

American farmers and ranchers forced to sell livestock due to drought have been given some tax relief by the IRS. The measures give qualified taxpayers an extra year to replace livestock and defer tax on gains from the forced sales.…

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Farmers, tax preparers facing more changes

admin taxing_subjects - November 25, 2013
Farmers, tax preparers facing more changes

Farmers, tax preparers facing more changes The Internal Revenue Service will begin accepting and processing 2013 tax returns a little later than usual. But farmers and their tax preparers shouldn’t…

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