The tax rules for reporting income from the sale of a harvested crop are well understood.
However, the rules can become more complicated if a farmer dies during the growing season with crops still in the field.
Roger McEowen spoke with RFD-TV’s own Janet Adkison on some general rules and examples.
It would allow the State Attorney General to issue subpoenas while investigating land ownership, and would also stiffen punishments for foreign entities that do not file with the state, or who submit false reports.
The Association of Equipment Manufacturers’ monthly flash report revealed the sale of all tractors last month was down 21 percent, and combines were down 5 percent from the same point last year.