Blog

Livestock – Depreciate? Inventory? Sell?

Livestock held primarily for sale by for-profit farmers must be included in inventory. However, livestock held for draft, breeding, or dairy purposes can either be included in inventory or depreciated. Learn more.

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A Beginner’s Guide to Vacation Home Rentals

A vacation home that generates income and provides a place… Read more »

Blog

The Mystery of AMT

The key to minimizing AMT is understanding what it is, how it is calculated, and how to plan for it.