MOUNT VERNON — Changes in tax laws and available tax programs was the topic of discussion at the monthly Farmers Breakfast on Tuesday morning at R&M’s Southside Diner, sponsored by the Ohio State University Extension and the Knox County Soil and Water Conservation District. Guest speaker at this month’s breakfast was Chris Bruynis, Ohio State University Extension agent for Ross County.
The purpose of Bruynis’ presentation was to increase awareness in helping farmers and operators understand tax laws and how they can use them in managing their tax liability. “Taxes are one of those things where farmers can use a lot of tools to manage the highs and lows of the industry,” said Bruynis.
Bruynis stressed a priority of addressing the unknown, moving ahead not necessarily for 2013 but for 2014. “Long-term planning for business is critical. How do we manage our business when we don’t know the rules of the game,” he said, emphasizing the importance of keeping up with changing tax laws.
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