Posted by Keith Molden on January 10, 2012 at 09:00:15 from (167.239.77.209):
In Reply to: Re: New Farm tax law posted by Billy Shafer on January 10, 2012 at 08:49:18:
Think what Rusty was saying is ----If you made any money, just send it on to the IRS, they'll get it somehow anyway. correct me if I'm wrong rusty. By the way, I think you're right about it. I bought a new 4 wheeler last Jan. & don't ride it much at all except for here on the farm. Ohio sent me a form to fill out & trying to be honest, I knew the grandkids would probably ride it some, so I put 10% for recreation. Had to pay taxes on it cause I wasn't going to use it 100% for farm use. I guess if you take a grandchild for a ride on the tractor once in the year, you can't claim it as farm use either. I think our fine folks in power want to make us lie as much as they do in order to survive. Now watch this go poof. Just my thoughts, keith
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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