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Show the form, and now is 'not too soon to start developing these records," Economist Carpenter stated. "Farmers who have kept no formal books and who are reporting report-ing income for the first time must report on a cash basis. They are required to report actual receipt and expenses for the farm business, busi-ness, and must develop a depreciation deprecia-tion plan covering farm buildings, improvements, equipment and other items representing capital investment." Farm account books, especially adapted to conditions on Utah farms may be obtained at cost of printing from the Agricultural Extension Ex-tension Service, the extensionist said. Besides the value in preparing income tax returns, the keeping of records is useful in analyzing the financial results of farm operations. opera-tions. Business judgment developed by using farm business records has helped to increase the income of many farmers, he concluded. Service Economist Cites Need for Adequate Records Utah farmers were encouraged this week by Utah Agricultural Extension Ex-tension Service Economist G. Al-vin Al-vin Carpenter to keep adequate records as an aid in filing out the 1943 income tax statement. "More farm people than ever before will be filing tax returns in March, for the total farm income in-come in 1942 is headed for a new high and personal exemptions are likely to be lower than ' the $1500 in effect last year," the economist explained. The filing of a return calls for statements of fact that can be proven and evidence to support statements is important. This evidence evi-dence may come in the form of bills of sales, receipts for expenditures expendi-tures and various memoranda of receipts and expenses. "The easiest way to have this evidence when it is needed is to have a written record of business dealings as they occur. The content con-tent is far more important than |