Should you incorporate your farm?

Abstract

"Because of high estate, gift, inheritance, and income taxes and other reasons, many Missouri farmers are interested in forms of business organizations that help minimize taxes and maximize the inheritance for their children and other heirs. Three basic forms of farm business organizations are (1) sole proprietorship, (2) partnership, and (3) corporation."--First page.Stephen F. Matthews and Timothy W. Triplett (Department of Agricultural Economics, College of Agriculture)Revised 5/79/12

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