Publisher's Synopsis
Excerpt from Miscellaneous Farm-Related Tax Proposals: Hearing Before the Subcommittee on Energy and Agricultural Taxation of the Committee on Finance, United States Senate, One Hundred Third Congress, Second Session, on S. 226, S. 531, S. 545, S. 882, S. 1615, S. 1691, and S. 1814; October 5, 1994
The bill that has been introduced on both the House and Senate sides would simply-give the farmers the election to take these pay ments back into the prior year as long as they are operating in a financially consistent way, and their accounting is consistent with their practices for recognition of income from the growth Of crops otherwise.
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