IRS Announces April 15 Farmer Deadline
The IRS announced today in Issue Number IR-2013-7 today that due to the extended processing time for many tax forms including form 4562 (Depreciation), that the deadline for any farmer and fisherman has been extended April 15, 2013 from March 1, 2013.
To take advantage of the extended due date, the farmer will file out form 2210-F (which they normally already due when filing on March 1) and check the waiver box and attach it to the tax return. Nothing else will be required.
It would have been nice to make this announcement before the farmer estimated tax payment was due three days ago, but it is better to make the announcement now than to wait until near the March 1 deadline.
Much kudos to the National Farm Bureau for all of their support and Senator Grassley writing his letter. Without their help, this most likely would have taken longer.
Paul Neiffer
Paul Neiffer is a certified public accountant and business advisor specializing in income taxation, accounting services, and succession planning for farmers and agribusiness processors. Paul is a principal with CliftonLarsonAllen in Walla Walla, Washington, as well as a regular speaker at national conferences and contributor at agweb.com. Raised on a farm in central Washington, he has been immersed in the ag industry his entire life, including the last 30 years professionally. Paul and his wife purchase an 180 acre ranch in 2016 and enjoy keeping it full of animals.
Hello just wanted to give you a quick heads up.
The text in your article seem to be running off the screen in
Internet explorer. I’m not sure if this is a formatting issue or something to do with web browser compatibility but I thought I’d post
to let you know. The style and design look great though!
Hope you get the issue resolved soon. Many
thanks