Domestic Production Activities DeductionOne of Many Tax Changes Affecting Farm Businesses
George F Patrick and Bruce Erickson ( December, 2006 )
Summary
The domestic production activities deduction (DPAD) will double for 2007 to 2009, and then triples for 2010 and later years. Farmers qualify for this as producers of crops and livestock. DPAD is intended to create incentives for greater employment in the U.S., but it does not require taxpayers to increase the amount of labor actually hired.
Details
| Organization | Purdue Extension |
| Publisher | Purdue University |
| Publication Date | December, 2006 |
| Publication Views | 2218 |
| Material Type | Written Material |
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