Tax season doesn't have to be stressful — with the right approach, it can be a year-round strategy that sets you up for success. In our latest blog, the UK Department of Agricultural Economics break down essential tax tips, key filing updates, and smart planning strategies for farmers and small business owners, including disaster-related extensions for Kentucky, new 1099-K rules, and options for livestock sales and asset depreciation. Stay organized, stay ahead, and start building a smoother path to your future tax filings today!
Tax Season: The Schedule F and Why It Is Important
At KCARD, when we are working through financials for clients, we are often asked “Do I need to file a Schedule F?” or we often ask businesses if they have ever filed a Schedule F.