Tax Audit - Farming: Specific Income Issues & Farm Cooperatives Edition Ebook

TABLE OF CONTENTS

• Using Certificates to Pay Off CCC Loans When
• Unreported Income of By-Products and
• Unreported Income 1-1
• Termination Program or Dairy Herd Buy-Out Program 5-8
• Secondary Sources of Income 2-1
• No IRC section 77 Election Has Been Made 5-4
• Market Gain Resulting From CCC Loans 5-2
• IRC section 77 Has Been Made 5-1
• Has Been Made 5-2
• Gross v. Net Proceeds 4-1
• Government Farm Programs Commodity
• Farm and Warehouse Storage 5-9
• Examining Farmer Income Records 3-1
• Effect on Income When No Election
• Effect on Income When Election Under
• Diversion and Set-Aside Payments 5-9
• Delivery Debentures 6-2
• Deficiency Payments 5-8
• Dairy Termination Program (Milk Production
• Crop Insurance and Disaster Payments 5-7
• Credit Corporation Loans (CCC Loans) 5-1
• Cooperatives Background 6-1
• Cooperative Expenses 6-5
• Conservation Reserve Program (CRP) 5-6
• Commodity Certificates 5-3
• Checks payable Jointly to Lien Holder and Farmer 6-5
• Certain Cost-Sharing Payments 5-5
• Base Capital Plan 6-3
• Audit Techniques for Cooperative Transactions 6-4
• An IRC section 77 Election Has Been Made 5-5
• ("PIK and Roll") 5-4