taxes

[hard maple]

can any one explain a little bit about writing off sugaring expenses, claiming profits etc. thanks, any input would be helpful.

[mountainvan]

you need to get the f-form, for farm I guess. Keep all your receipts for everything remotely part of your operation. Best thing to do is get a certified accountant who has done farm taxes. That's what I do.

[hard maple]

thanks van

[mountainvan]

your welcome.

[Sugarmaker]

I agree get a good accountant or a good tax person. I still use H&R Block but it is worth the $115. Keep the business mileage, all the receipts from expenses, and new capital expenses. Also record any improvements to your operation. You should be able to depreciate a lot of items that are maple related.
Chris

[WESTVIRGINIAMAPLER]

I file as manufacturing as seems IRS doesn't like the "farm" word too much.