How we buy farm items sales tax free & You Can Too (No, we did NOT buy a tractor yet)

The Kraemer Life
The Kraemer Life
14,968
0
Publicado 2022-06-17
We buy many of our farm supplies and equipment sales tax free through the Tennessee agricultural sales tax exemption program. Here is how we did it and how you can as well in your state.

Resources
Tennessee agricultural exemption program website:
www.tn.gov/revenue/taxes/sales-and-use-tax/exempti…

Tennessee agricultural exemption program Application:
www.tn.gov/content/dam/tn/revenue/documents/forms/…

Find your State's Department of Revenue Office Website
us.aicpa.org/research/externallinks/taxesstatesdep…
OR
Google : "[state name] Department of Revenue"

Find your State's Agricultural exemption program website
Google: "[state name] Agricultural exemption"

We would love to hear from you:

Email : [email protected]
Mail: PO Box 69, Parrottsville, TN 37843

Support our Channel:
Like, Comment and Share our videos on social media. This is the best way to support our channel, and it's free

www.buymeacoffee.com/thekraemerlife

Many of you have asked us to create a wish list. Even though we feel awkward about it, ya'll demanded, so we obliged
www.amazon.com/hz/wishlist/ls/3A1N62AH0KT7K

0:00 Intro
1:54 Tennessee Agricultural Exemption Program
2:10 Qualification requirements
2:49 How we applied
3:45 How to use the Exemption
4:30 Examples of Exempt Items
5:01 How you can find your state's exemption program
6:05 Other free resources available to you
6:55 Outro







#thekraemerlife #kraemerism #homestead #homesteading #homesteadinglife #homesteadingfamily #homesteadingskills #farming #farminglife #rvlife #rvlifestyle #rvlifewithdogs #rvlifewithpets #rvlifestyleclub #rvlifeontheroad #rvlifestreaming #rvlifeproblems #nomads #nomadiclife #nomadic #simplelife #simplelifehappylife #easttennessee #TAEP
Todos los comentarios (21)
  • @MNTNSTARZ80.
    Keep ALL receipts. It's a must because once you use the exemption you have to file your income taxes under an agriculture/business form and you also have to file your personal taxes. Make sure to speak to a QUALIFIED tax EXPERT about this, don't simply take someone else's word on what to do
  • @wenknight8586
    Nice to see people sharing what information and ideas they have found to help others. Good on you!
  • @jamjar5716
    How great it is that you are providing this information. Something else that I think would be beneficial is where to get health insurance once you're leaving the workforce to homestead/farm.
  • @freakTechs
    funniest couple in homested business :D love you more
  • @margaretbedwell3211
    Great advise...I hope this helps a lot of homesteaders out there. Thanks for sharing your information for them. Have a Blessed day.
  • @beverleysimmons7885
    Can’t wait to see all the projects and acres evolve. Thanks for sharing💝🇨🇦
  • @margiebrown7436
    I love that you guys share the information that you get. 🥰😊🥰
  • @Susan.I
    Great information for new farmers and nurserymen to have!!
  • @wanderertimetogo348
    We are looking at trying to move to East Tennessee, we are in Utah and I appreciate it. Hopefully this fall. 🙏🏻 for us please.
  • @sandyk8594
    Thanks, I appreciate you two. Yall are awesome!
  • @ilzitek2419
    I am so happy for you. Thank you for sharing.
  • @tdewtx
    Your state forestry office will come out to usually free of charge and give great forest management information.
  • @kimsmith5471
    Excellent & informative video. Thank You both !