To calculate your net loss, you must first know which expenses are deductible. Generally, any expense that is both “ordinary and necessary” for running your farm can be deducted. An ordinary expense ...
I am a retired teacher, keeping diary crosses and growing assorted crops on my farm. I have done this for several years now, but I am unable to tell whether I am making a profit from my enterprise of ...
For beef suckler farmer Adrian Dowling, good record-keeping has always been part of running a tight ship on his Co. Laois ...