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Show Farm Records Provide Tax Return Filing Aid "Many more tax returns from farmers will be received this year," stated Charles I. Fox, District Dis-trict Director of Internal Revenue, Salt Lake City, Utah. "This Is true because the coverage of farm operators op-erators by social security will require re-quire a tax return from every farmer who nets as much as $400 from his farming, even if no Income In-come tax is payable. Tax return forms for farmers may be secured by writing the District Director of Internal Revenue, Salt Lake City, Utah." "Farmers should keep adequate records in order to be able to file complete tax returns," Mr. Fox added. "By all means it will pay you to keep complete record of all your Income, and' all your expenses ex-penses from your farming operation. oper-ation. Keep your records up to date by recording dally each sale of a farm product and each expense ex-pense for feed, fertilizer, and other farm expenses. Personal living expenses, such as your own food, clothing, and the like, are not considered farm expenses. This record of your farm expenses and Income will make the Job of filing fil-ing tax returns at the end of each year easy," he concluded. Dates, rules and regulations governing the 1956 angling season sea-son have been set by the Utah Fish and Game Commission. |