Our June issue of Tax Tips newsletter will be mailed this month. This newsletter is sent to current tax and records clients, if you would like to be added to the mailing list for future editions please contact your local office. We anticipate sending this out quarterly. Below is an excerpt from the newsletter, to read the whole thing click here.
Taxes are Done – Now What? By Mike Farmer, Vice President
Now that your income taxes are completed, what do you do with them? Well a lot of farm businesses need them for obtaining credit. At Yankee, credit customers are required to provide an annual balance sheet and income statement. Most customers provide their federal income tax return as their income statement. This year you may have noticed the Consent to Use forms that we mailed with our annual Enrollments. These Consent to Use forms allow the tax preparers to share your information with the credit staff. Sometimes this is the same person!
For further assistance, please feel free to call a Financial Services Representative at your local office.
