IRS reveals dirty dozen list of tax issues they believe are not proper

The IRS has revealed its dirty dozen list of tax issues. One of the new items on the latest list is monetized installment sales.

Producers are now left with questions regarding the sale of farm assets.

Farm CPA Paul Neiffer spoke with RFD-TV’s own Tammi Arender on what specific sales they are referring to, what issues apply to farmers, and what producers need to keep in mind.

Related Stories
The U.S. Dept. of Agriculture recently released its updated import and export projections, shedding light on the intricate dynamics influencing the agricultural market.
Recent data reveals a notable downturn in U.S. ethanol output, marking its lowest level since the beginning of February.
Thu, 3/7/24 – 10 PM ET | 9 PM CT | 8 AM MT | 7 AM PT