Ag producers should do year-end income tax planning

NDSU Extension “It is the time of year to think about year-end tax planning,” said Ron Haugen, North Dakota State University Extension farm management specialist. “When tax planning, it is best to start with year-to-date income and expenses and estimate them for the remainder of the year,” said Haugen. “Estimate depreciation and include any income that was deferred to 2023 f...

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