Source: South Dakota State University Extension, CORN & SOYBEAN DIGEST, 2/11/14 By moving income from the current tax year forward a deferred payment
contract can help decrease tax liability in that year, especially if
income was unusually high, says Kim Dillivan, SDSU Extension Crops
Business Management Field Specialist. Deferred payment contracts can
also be used to better match income with cash flow needs. For more of this story, Click here. |