Farmer's Tax Information
Included on this page you will find links to information that may assist you with farm yearly tax issues.
Publication 225 (2009) Farmer's Tax Guide offered by IRS.gov http://www.irs.gov/publications/p225/index.html. Is a 68-page document for use in preparing 2009 Returns.
Income Tax Management for Farmers in 2009 offered by Purdue University Extension (Pub CES-368-W) http://www.agecon.purdue.edu/extension/pubs/taxplan2009.pdf
This 32 page paper explains in detail many of the new agricultural tax changes:
INCOME TAX MANAGEMENT FOR FARMERS IN 2009
RECENT LAW CHANGES AFFECTING INDIVIDUALS
RECENT TAX LAW CHANGES AFFECTING BUSINESSES
PLANNING AND USING A FARM OPERATING LOSS
DEFERRING INCOME AND PREPAYING EXPENSES
FARM INCOME AVERAGING
CROP INSURANCE AND DISASTER PAYMENTS
CASUALTY LOSSES
SELF-EMPLOYMENT TAX UPDATE
TAX MANAGEMENT
If you would like to order additional publications from the IRS, information on how to order may be found here ---> http://www.irs.gov/taxtopics/tc155.html.
