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Insights and Stories on Farm Income

General

Farm sales to co-ops to count for small business deduction

Changes to federal tax law that were meant to block “multiplication” of the small business deduction for corporations won’t apply to farmers’ sales to co-operatives. The federal government on Friday released draft amendments to the Income Tax Act, which would allow qualifying farmers and fishers selling to agricultural and fisheries […]

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Farm kids: Don’t worry about wages

By Staff