Farmers are putting together year-end tax and accounting information.
Compeer Financial tax specialist Dan Coulthard says there are several considerations this time of year.
“Consider deferring money, looking at purchasing equipment I know this year that’s kind of been not as lucrative as you may want to say with the higher interest rates versus the prior years.”
He tells Brownfield farmers might actually have a higher tax implication in a down year versus a good year.
