Tax management is an important consideration for the successful farm manager. There are many decisions that must be made in the development of a tax management plan. These decisions concern such items as deprecation methods, fiscal or calendar year, type of farm organization, inventory valuation methods, and income averaging.
This paper was published in Food and Agriculture Organization of the United Nations, Vol. 15-20, No. 2
Volding, Thomas and Boehlje, Michael, "An Economic Evaluation Of Cash And Accrual Accounting Methods For Farmers" (1977). Economic Staff Paper Series. 133.