Baby Taxes

[Amstel]

I wonder if I could LLC the farm and have it operate solely as a loss leader just to get the tax benefits.

Or if that's frowned upon.

not sure what your acreage is but I'm fairly certain in MI if you allocate 12 or more acres to growing some 'agriculture product' (corn/hay/etc) you qualify for an ag business = no prop taxes.

homestead something or other iirc.

 

[Ledboots]

Technically I can't permit for an "Urban Farm" only a real farm with animals and such.

That's bullshit. Farms do not need animals.

 

[OzSTEEZ]

I don't claim anything back. The government can keep whatever they tax each paycheck. I just hope they use the tax dollars wisely.

 

[Mr. Argumentor]

That's bullshit. Farms do not need animals.

Those farms would be big enough to not be urban farms

 

[Jehannum]

That's bullshit. Farms do not need animals.

Is there a zoning category for Vegan Farm, @Valve1138 ?

 

[Ledboots]

Those farms would be big enough to not be urban farms

Tree farms, fruit orchards, etc

 

[Ledboots]

Is there a zoning category for Vegan Farm, @Valve1138 ?

No because the subsidies go mostly to the animal farms and those that grow the animal feed (corn, hay etc). The healthy stuff gets squat, as a rule.

 

[Mr. Argumentor]

Tree farms, fruit orchards, etc

Require acreage, which you don't generally find in urban farms.

 

[august]

I don't claim anything back. The government can keep whatever they tax each paycheck. I just hope they use the tax dollars wisely.

the stuff I get back is just what I've overpaid throughout the year.

 

[strawberry love]

We've got to do our taxes yet. We got married at the end of the year but are considered married for all of it so no idea how it's going to affect things.

 

[Mrs. Valve]

That's bullshit. Farms do not need animals.

Admiral Ackbaa disagrees

 

[Jehannum]

I'm still waiting on a 1099-B and 1099-DIV to finish up. I already have the information, but I want to make sure I've got it all right.

 

[Valve1138]

That's bullshit. Farms do not need animals.

Then it's just some hippie veggie garden.

 

[Mikeawesome]

I got 2 1099-int's after i already filed and got my refund. ooops

 

[OzSTEEZ]

the stuff I get back is just what I've overpaid throughout the year.

It would be the same for me if I filed my taxes, but I don't even file. I don't mind parting with a quarter of my pay to help my fellow countrymen.

 

[my little brony]

I don't claim anything back. The government can keep whatever they tax each paycheck. I just hope they use the tax dollars wisely.

does paying taxes and getting refunds work the same way in australia as in the US?

 

[OzSTEEZ]

does paying taxes and getting refunds work the same way in australia as in the US?

I don't see much of a difference, so I would say yes. However I never paid taxes in the US.