Year end tax planning in net loss years for farmers
Kansas State University economist Leonard Parker notes year end tax planning is crucial in low income years with net operating losses. He explains options to carry losses back to 1977 or forward, weighing refunds, tax liability, and impact on income averaging, while urging strategic use of soybeans, fertilizer costs, and borrowed funds in 1980.
MENTIONED IN THIS ARTICLE
Manhattan
Leonard Parker
Kansas State University Cooperative Extension Service
Parker
Federal Revenue Services
Economist
Taxes and Soybean Meetings and Winter Cattle Tips
The Extension Morning Marketing Session on December 16 in Ottawa covers income tax planning and recordkeeping. The Kansas Soybean Association meets December 17 at Ottawa University with panels and a Mexico trip, led by Ken Bader. Extension beef cattle nutritionist Larry Corah offers ten winter feeding tips to improve calf weight and rebreeding.
MENTIONED IN THIS ARTICLE
Robert W. Bozworth
L&m Buffet
Ottawa
Marvin Fausett
Kansas Soybean Association
Ottawa University
Ak.s.a
Mexico
Ken Bader
The
American Soybean Association
Larry Corah
Kansas State University
Also Mentioned on This Page
Franklin Savings
HS Krause
HE Krause
TIRE
Farm Gureau
Scott Service
Marvin’s Market
Hwy
Theu
County
Sole
Hardwick
Benner Williams
Emporia
Osage City
Benner Williams Charge
Mastercard
VISA
Main St
Jenner
Nec
Sosaos