A major question in some farm operations on the cash method of accounting is when payment is considered made for purposes of income tax deductibility for feed and other supplies. In particular, the issue is often whether anything short of an actual cash payment will support an income tax deduction.
"When Feed is Deemed Paid,"
Agricultural Law Digest: Vol. 6
, Article 1.
Available at: http://lib.dr.iastate.edu/aglawdigest/vol6/iss3/1