Title: Complete a mock business tax form.
Course: Agricultural Business Management III (18201-36) > Section: Managing Financial Records and Reports

Completion of a mock business tax form may require

- employer identification number (EIN)
- receipts
- sales slips
- invoices
- bank deposit slips
- canceled checks
- income statements
- deductions
- credits
- employment tax reports.

Process/Skill Questions:

- What are examples of deductions?
- How long should records be kept?
- What does one need for taxes if one has a farm?
- What type of deductions can one have for a business?
- When does one need to file taxes for a business?