Source: CORN AND SOYBEAN DIGEST, 12/30/11
 

What is your goal in the tax planning process? Most responses are to pay as few taxes as possible, but the “reverse” may also be true, and that is to maximize your after-tax wealth. While those may not always be the perfect yin and yang of Schedule F preparation, effective tax planning should have the goal of maximizing your bank account when all taxes are paid. 

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