Journal Issue:
Agricultural Law Digest: Volume 9, Issue 1

No Thumbnail Available
Volume
Number
Issue Date
Journal Title
Journal ISSN
Journal Volume
Articles
Publication
Cases, Regulations and Statutes
( 1998-01-16) Achenbach, Robert ; Iowa State University Digital Repository
Publication
Corporate Limitations on Prepaid Inputs
( 1998-01-16) Harl, Neil ; Iowa State University Digital Repository

For more than four decades the Internal Revenue Service has tried to limit the amount of fertilizer, chemicals, feed, seed and other inputs that farmers could pay for and deduct in the year before the inputs are actually used or consumed. Early litigation involved mostly tax shelter operations but more recent cases challenged deductions claimed by bona fide farmers.

Description
Keywords