UVM Extension Farm Management Specialist Dennis Kauppila has just published an informative summary of important tax issues for Vermont farm owners. This piece covers the following items: (click this link to: 4 State of VT Tax Issues for Farms)
- Hobby-Loss vs. Farming with Commercial Intent
- Sales taxes
- Rooms and meals taxes
- “Current Use” or Use-Value Appraisal of agricultural land
(click this link to: 4 State of VT Tax Issues for Farms- Dennis Kauppila)