ARTICLE: TAX INCENTIVES BOOSTED FOR 2011
Bergan Paulsen Partner Mike Regan recently shared his expertise with Heartland Co-op for their Lifeline newsletter publication. The article entitled Tax Incentives Boosted for 2011 explores various tax incentives offered for 2011 specifically the Section 179 Expense Deduction, available for both new and used equipment purchases, and Bonus Depreciation, new equipment purchases only. Further, farmers can write off for taxes certain expenses for prepaid supplies and crop inputs, but there are certain requirements that must be met. Find out more about these incentives and requirements by reading the full article.
Click here to view the full publication.
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