The Optimal Separation Farm Taxable Income Between Two Consecutive Tax Years Under the Economic Recovery Tax Act of 1981
Tauer, Loren W.
The Economic Recovery Act of 1981 will reduce federal personal income tax rates during each of the next three years. This rate reduction presents taxpayers an opportunity to defer taxable income to a later year where it may be taxed at a lower rate. The deferral and possible reduction in taxes can result in a savings to farmers. This paper explores that possibility.
A.E. Ext. 81-25
Charles H. Dyson School of Applied Economics and Management, Cornell University