The Llano News (Llano, Tex.), Vol. 97, No. 14, Ed. 1 Thursday, February 4, 1988 Page: 9 of 27
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Ik— News, Thureday, Februnry 4, 1988
Signup for CRP ends Feb. 19
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COLLEGE STATION
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decision-making about CRP.
Public hunt for Spring
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Turkey deadline nears
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lie award — their
and Matador, Cottle County, 90.
A3F Agri
Business
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Newtax rules for ag producers
However, if you select expen- estimated by subtracting the cost of
DEMOCRAT FOR STATE SENATE
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OFFICE HOURS BY APPOINTMENT
TELEPHONE: (512) 997-2181
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Pnd fow h Temple hckum hw Texas Stan Senare lames A Rose Treasurer PO Box MJI AhAr>tf Fexos 79608
WE PLEDGE OUR BEST EFFORTS
EVERY W
LI!
3
PHILIP AND HATCH SMITH
We At Perry’s Would Like To Say
“THANK YOU”
To the people of Llano & Llano County for their Patronage
To Show Our
i
Through Saturday, February 6th
A12
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KROEGER
7
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Perrys
20%
Perrys
Appreciation,
We Are Taking
SYLVIA'S
Tax Service
SPECIAL
EVERY TUESDAY
STOCKER A FEEDER CALVES AND
YEARLINGS - ALL PACKER CLASSES
and pruned with a central leader. On
young trees, scaffold branches can
be pushed out to wider angles with
spacers. This practice will result in
mature trees with more breadth and
better light penetration.
with hunts, and the numbers of
permits to be issued, are: James
Daughtrey, Live Oak and McMullen
County, 75; Honey Creek, Comal
County, 45; Gene Howe, Hemphill
County, 55; Kerr, Kerr County, 90;
whnter calf da— rdaasr, MS TH Erprens 666 SET.
Pietured are ewaara Tom Dean, Richard and Wee
Hudson. (Photo by Amerir— Hereford Asociation.)
OFF
Every
Item Im
Our Stere
Threugh
Saturday!
ret
no
want to check with their accountants
to see if other commodities come
under the rule.
In the definition of "preproductive
period,” hogs, sheep and goats do
not have a preproductive period over
two years, but cattle and horses do.
The preproductive period for a beef
cow extends from conception of the
cow to delivery of her first calf.
For plants, Stokes notes that the
time span extends from when the
plant or seed is planted to when it
begins yielding marketable quanti-
ties.
The option of expensing is easier,
but can be more costly in the long
run, Stokes says. Expensing requires
no special bookkeeping or cost allo-
cation. It also allows producers to
deduct preproductive expenses the
same year they’re incurred.
We Guarantee:
• Ready-on-time service
• Frame and lens breakage replacement tor 1 year
• 100% satisfaction on the NEW No-Line bifocals or
a free replacemnt
• Best Prices on frames and lenses
Now is the time to prune fruit
trees. Pruning is done to accomplish
several goals. One of these is to
maintain a good supply of one year
wood in a manageable sized tree. A
second goal with pruning is to allow
good light penetration for fruit
development. A third goal is to keep
trees shaped where work can be
accomplished around and under
them.
The first step in pruning would be
to remove hangers or low branches
that sag to the ground with a fruit
load. Secondly, the center of trees
should be opened up by removing
suckers and interfering branches.
Trees should then be tip-pruned.
This practice helps to maintain
manageable tree heights, and helps
to eliminate long slender growth that
is not capable of holding up a fruit
load.
Apples and pears should be trained
"Income Taxes
♦State Reports
♦Insurance Claims
♦Bookkeeping
♦Notary
♦Complete account-
ing services
1
This is oar way of Saying Thanks, Llano,
For Being So Nice To Us?!
YOUR COMPETITIVE
MARKET
WHY HASSLE WITH BIG CITY TRAFFIC - YOU CAN GET
TWO HOUR SERVICE
Right Here in the Hill Country
By Special Appointment on Bifocals, Trifocals and most Plastic Lenses
CHAMPION FEMALE — Denver's National Westem
Stock Show had nearly 200-hend competing for the
$22,000 In prize money. The partnership of Hudson
Herefords, Harrison, Ar., and Tom Dean, Cherokee,
f
115 SOUTH ADAMS
FREDERICKSBURG, TEXAS 78624
3
5
!
NEWLY ENLARGED
offering private consultat-
ion* and FASTER service on
income taxes
8:30-11 & Noon to 5
Monday-Friday
908 Chattanooga
247.4542
PH
Large Frame Seleetion of economy and
designer frames Our expert stylist will assist you in
selecting the frame style that is best for your face
shape, occupation, and budget
LLANO
LIVESTOCK AUCTION CO.
915/247-4183.915/247-5294
Eye Care Center
Where High Tech Care Comes With Small Town Friendliness
508 S. Adame • Fredericksburg • 997-7528
John's Hitchin' Post
ByJhnKuykendan
For A Change
Temple Dickson
One Man Who Will Represent the
Families of Llano County
■g.
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FREDERICKSBURG CLINIC. P.A.
ANNOUNCES THE ASSOCIATION OF
SULE PAKIZE BILIR, M.D.
FOR
FAMILY PRACTICE
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AUSTIN — Hunters are reminded
that completed application forms
, must be received by February 15 for
the Texas Parks and Wildlife Depart-
ment’s spring turkey public hunts
during April.
The gobbler-only hunts will be
conducted on selected days during
the April 2-24 spring turkey gobbler
season at six state wildlife manage-
ment areas.
Prospective hunters may obtain
application forms by writing TPWD
headquarters, 4200 Smith School
Road, Austin, Texas 78744, or by
calling toll-free 1-800-792-1112. Ap-
plicaton cards are found on the back
of the Hunting Opportunities booklet
for Type I WMAs.
A total of 380 permits will be
issued, and a fee of $20 will be
charged hunters whose names are
drawn to hunt. The bag limit will be
one turkey gobbler.
The Walter Buck WMA in Kimble
County is offering a spring turkey
hunt for the first time, and 25
permits will be issued. Other areas
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sing, you will be required to
depreciate all other future farm
assets using a slow straight-line
depreciation method,” Stokes says.
"Furthermore, when you sell the
plant or animal in question, any gain
will be subject to depreciation
recapture rules and treated as
ordinary income,” he adds.
If producers elect to capitalize, they
may not deduct preproductive costs
until the plant or animal is sold, dies
or becomes productive. The accum-
ulated expenses can then be reco-
vered by depreciating them over the
life of the asset, Stokes explains.
In the case of animals raised for
slaughter or purchased for resale,
cash-basis taxpayers may deduct
expenses as incurred, regardless of
the preproductive period.
/ When calculating what amount to
capitalize, producers should use
their records to determine how muh
preproductive costs to subtract from
total farm expenses. Or use an
inventory valuation method he sug-
gests, such as the farm-price or
unit-livestock-price methods, to es-
timate costs incurred for preproduc-
tive plants and animals.
In the farm-price method, the cost
of raising an animal or plant is
Healthier, more productive goat developed
COLLEGE STATION—Texas A&M hr breed around the world and that
University animal scientists have de- improved breeds could he developed in
veinped a new breed of goat with the aid the U.S. using the same technique, he
of computers that is healthier and more added,
productive than its parents and other
predecessors.
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an acre, depending on geographic
location in the state,” says Harris. (.
“Cut-off bids in Texas’ seven bid
’pools’ have not changed since
earlier signups.
“Texas still has many acre* of land
being cropped that will be subject to
conservation compliance proviaions, <
which take effect in 1990. CRP is a
good alternate for many of those
problem soils,” says Harris.
County Extension office* have a
information to aid farmers in their
farmers have another opportunity to
enroll highly erodible land in the
Conservation Reserve Program.
The signup period is now underway
and ends February 19. Farmers may
enroll land at Agricultural Stabiliza-
tion and Conservation Service county
offices .where previously accepted
bids do not exceed 25 percent of the
cropland in the county.
"The February signup is the sixth
since the program got underway two
years ago,” points out Dr. B.L.
Harris, soils specialist with the
Texas Agricultural Extension Ser-
vice, The Texas A&M University
System.
"Texans have already enrolled 2.8
million acres in CRP, and nationally,
about half of the 45 million acres
targeted for the program are under
contract and removed from crop
production,” notes Harris.
Farmers who participate in the
10-year commitment receive annual
rental payments. In addition, the
""""TI22AEE
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“The goat we have developed tends to
stay healthier and thrives better under
harsh conditions, which makes it more
productive," said Dr. Thomas
Cartwright of Texas A&Ms College of
Agriculture and leader of the breeding
program. “We believe it will be a popu-
The project could he a boon to Third
World farmers and holds promise for
the livestock industry in Texas and else-
where around the United States. While
the goats may not be imported to the
United States, the importance of the
project is the method used for develop-
ing the new breed, which can be applied
in Texas.
taking the item to market from the
price a producer would receive if
selling it, Stokes explains.
The unit-livestock-price method,
uses the average cost of raising a
type of animal or plant as an
estimate of actual cost.
Texas, clalmedthe calf champ
DALLAS — Agricultural taxpayers
beware: if you grow or raise anything
that takes more than two years to
become productive, you’re subject to
new tax rules about “preproductive"
expenses.
“Such expenses will no longer be
deductible,” notes economist Dr.
Kenneth Stokes of the Texas Agri-
cultural Extension Service. “In-
stead, they'll have to be depreci-
ated.”
Schedule F on 1987 tax returns
requires producers to select a
method of depreciation for this year
and future tax years. "There are
only two options provided — expen-
sing or capitalizing,” says Stokes,
“but the choice isn’t easy.”
Stokes provides tig basic informa-
tion to help producers make their
decision, but suggests that they may
3
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3
3
3
U.S. Department of Agriculture
picks up half the cost of establishing
a permanent conservation cover.
Only highly erodible cropland is
eligible. The highly erodible desig-
nation is based on land capability
class, soil loss tolerance and the
erodibility index, explains the soils
specialist.
The land also must have produced
an agricultural commodity during
any two years from 1981-1985.
“In Texas, the maximum, or
cutoff, bids have ranged from $35-55
Is Owmed and Operated by Texans.
Aad Fer Texas, amd Preud ef It?
WEKEEPOUN MONEY IN TEXAS!
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For Over 70 Years!
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Buckner, Walter L. The Llano News (Llano, Tex.), Vol. 97, No. 14, Ed. 1 Thursday, February 4, 1988, newspaper, February 4, 1988; Llano, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1585745/m1/9/: accessed June 20, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Llano County Public Library.