By Leah Heidler, Casey Peterson Ltd. There is often much confusion on whether an agricultural producer needs to file their tax return by March 1st or April 15th and rightfully so. There are many factors that contribute to whether an agricultural producer needs to file their tax return earlier than other taxpayers. The first thing to remember is that if you did not have any tax liability for the prior year, take a breath, you don’t need to file by March 1st. The earlier March 1st deadline for agriculture producers is actually a provision to avoid penalties for not...
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