checkers
Member
- Joined
- Sep 6, 2005
- Messages
- 35
- Location
- Fort Myers, FL -- Monticello,Fl.
- Tractor
- NH TC30 4wd 9x3 trans Loaded R4's
Tangible taxes are paid on any equipment used for business purposes.
If you try to get Ag exemptions for your property you must claim your tractor and implements, Etc: If you aren't doing that I that I guess you don't have to worry about small items that you purchase at a store.
I have ag exemptions on my N. Fl. property so I file for taxes and record all
expenditures and income from my small haying operation.
I live in S. Fl and this year they denied almost 2000 ag exemptions in my county alone. There have been a lot of abuses and they finally saw how much
tax revenue they were losing, so they really tightened up on it.
When you buy a tractor or implements you can sign a form that is used for ag purposes and it is tax exempt, but they have been checking up on people
to see if they are really being used for a legitiment ag operation. I expect with all the tax reform they are trying to pass that they will really be looking for anything to bring in revenue.
If you try to get Ag exemptions for your property you must claim your tractor and implements, Etc: If you aren't doing that I that I guess you don't have to worry about small items that you purchase at a store.
I have ag exemptions on my N. Fl. property so I file for taxes and record all
expenditures and income from my small haying operation.
I live in S. Fl and this year they denied almost 2000 ag exemptions in my county alone. There have been a lot of abuses and they finally saw how much
tax revenue they were losing, so they really tightened up on it.
When you buy a tractor or implements you can sign a form that is used for ag purposes and it is tax exempt, but they have been checking up on people
to see if they are really being used for a legitiment ag operation. I expect with all the tax reform they are trying to pass that they will really be looking for anything to bring in revenue.