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Ask the Taxman by Andy Biebl
Mon Dec 31, 2012 10:51 AM CST

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. To register for his recorded 2-hour Jan. 9 "Pass It On!" farm family estate tax webinar, go to http://www.dtn.com/…

Question:

Your November Progressive Farmer magazine column mentioned that farmers have the unique ability to shift taxable income retroactively after Dec. 31, so they have more flexibility than other taxpayers in case Congress lets us fall over the fiscal cliff. You wrote that farmers can elect ...

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