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February 02, 2018 08:13PM
Per my accountant, the tax laws will treat trade inns on new equipment different. Trades will now be treated as they were sold outright, (capital gains on the gain, trade price - book value= gain) and new equipment will pack 100% new value as the book value. Book value will not be added or subtracted from new book value. The question is, has Farmworks adapted this yet to accounting?



dirtclodFebruary 02, 2018 08:13PM

Re: depreciation

Kathy ClineFebruary 05, 2018 08:01AM

Re: depreciation

dirtclodFebruary 05, 2018 10:13AM

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