Dec 31 2008
Don’t Forget the Vet Bills
As today is the last day of the year, it is time to look forward to doing our taxes. I’ve written about this in my other blogs, but now the actual activity is upon us.
As any taxpayer in the U.S. knows, preparing taxes isn’t a lot of fun, and even more so if you don’t keep your paperwork together in one place during the year. For that reason I’d like to remind everyone to remember the vet bills. This is an expense that can be written off for your business. I mention this because I’ve forgotten to do this from time to time. If you haven’t kept those receipts, your local vet office may be so kind as to print them out and either mail them or have you pick them up.
If you haven’t already done so, now is the perfect time to create a real bookeeping system for your small farm. I use a expandable file folder to keep my records at hand, and it stores them nicely when tied shut (all of those feed receipts stay put!). I also keep records using accounting software and Excel. Find one that works well for you and keep a copy of the records on the computer and one on a CD or floppy. They’ll help you avoid a lot of headaches in the future.
See you next year!
~~Charlotte
