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Hobby Farmers Exploit Hybrid Loopholes Across States
A WaonINGTON article notes hobby farming as a tax dodging route, with depreciations and income offsets used to reduce tax loads. A Virginia visit reveals a farmer showing off a depreciation rich operation including oats and corn, aided by a CPA hired man. The piece also mentions James Byrnes undergoing a minor operation at Baptist hospital in Columbia.
MENTIONED IN THIS ARTICLE
Cedar Raipde Gazette
Byrnes
Columbia
UPI
James Byrnes
Baptist Hospital