Farmers urged to take a year-round approach to tax planning – but year-end is a good time to get started
Farmers urged to take a year-round approach to tax planning – but year-end is a good time to get started
By Clint Cameron, Director, Ontario Federation of Agriculture
As farmers, we spend a lot of time thinking ahead — planning for the next crop year, the next livestock cycle, the next equipment purchase, or even the next generation on the farm. But when it comes to taxes, too many of us still treat year-end planning as something we deal with only when December rolls around.
The end of the year is still a good time to review and take stock, but planning really should be happening all year long.
Tax
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