FARM BUSINESS NEWS
Ask the Taxman by Andy Biebl
Andy Biebl DTN Tax Columnist
Fri May 10, 2013 09:03 AM CDT

DTN Tax Columnist Andy Biebl is a CPA and tax partner with the accounting firm of CliftonLarsonAllen in Minneapolis, Minn., and a national authority on agricultural taxation. To pose questions for upcoming columns, email AskAndy@dtn.com.

Question:

I purchased a new Dodge 2500 pickup for the farm. My CPA deducted only 75% of the cost using Section 179. I thought 100% should have been deducted. Who is right?

Answer:

This one is hard to referee from a distance. But you both signed that tax return, so my first observation is that the communication between the two of you needs to ...

Quick View
Related News Stories
Landowner Wins Landmark Case
Taxlink by Andy Biebl
A Valuable Transition Tool
Taxlink by Andy Biebl
Taxlink by Andy Biebl
Taxlink by Andy Biebl