Inspection of Farmers' Federal Income Tax Returns by the U.S. Department of Agriculture

Inspection of Farmers' Federal Income Tax Returns by the U.S. Department of Agriculture PDF

Author: United States. Congress. House. Committee on Agriculture. Subcommittee on Departmental Operations

Publisher:

Published: 1973

Total Pages: 90

ISBN-13:

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"Executive Order No. 11697, which was issued on January 17, [1973] ... gave the Department of Agriculture authority to inspect Federal income tax returns of 'persons having farm operations.' As a result a great deal of confusion and concern has been voiced as to what is the order's intent. Farmers and their representatives are seeking information as to how the order will be implemented and whether it is, in fact, a license to the Department of Agriculture to promiscuously inspect any farmer's income tax return it chooses, and for what purpose the inspection will be made"--Page 1

Farmer's Tax Guide - Publication 225 (For Use in Preparing 2020 Returns)

Farmer's Tax Guide - Publication 225 (For Use in Preparing 2020 Returns) PDF

Author: Internal Revenue Service

Publisher:

Published: 2021-03-04

Total Pages: 96

ISBN-13: 9781678085070

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vate, operate, or manage a farm for profit, either as owner or tenant. A farm includes livestock, dairy, poultry, fish, fruit, and truck farms. It also includes plantations, ranches, ranges, and orchards and groves. This publication explains how the federal tax laws apply to farming. Use this publication as a guide to figure your taxes and complete your farm tax return. If you need more information on a subject, get the specific IRS tax publication covering that subject. We refer to many of these free publications throughout this publication. See chapter 16 for information on ordering these publications. The explanations and examples in this publication reflect the Internal Revenue Service's interpretation of tax laws enacted by Congress, Treasury regulations, and court decisions. However, the information given does not cover every situation and is not intended to replace the law or change its meaning. This publication covers subjects on which a court may have rendered a decision more favorable to taxpayers than the interpretation by the IRS. Until these differing interpretations are resolved by higher court decisions, or in some other way, this publication will continue to present the interpretation by the IRS.