Cornhusker Economics: Tax Planning 2020
With harvest wrapping up or complete, it is time to finish the last bits of 2020 operation tasks. Many of these tasks are part of tax planning. This article is a brief summary of some of the topics to discuss with your tax preparer before year-end. Topics include:
- 1099's
- Prepaid expenses
- Constructive receipts
- Government payments
- Other common topics
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