Posted 12/24/2024 13:35 (#11024209 - in reply to #11023988) Subject: RE: Balance Sheet-What's the point?
Columbia Basin, Ephrata, WA
Cornstalk1 - 12/24/2024 08:51
I've never seen a deferred tax liability on an ag balance sheet. I think that section 179 is creating a large, deferred tax liability that is hard to calculate at this point.
179 doesn’t create a deferred tax liability any different than normal depreciation would if you keep items more than 5 years.
Balance Sheet-What's the point?
