Introduction A farmer, like other taxpayers, must keep records to prepare anaccurate income tax return and determine the correct amount of tax.This chapter explains why you must keep records, what kinds of recordsyou must keep, and how long you must keep them for federal taxpurposes. Tax records are not the only type of records you need to keep foryour farming business. You should also keep records that measure yourfarm's financial performance. This publication only discusses taxrecords. For information on financial recordkeeping, you may want toget a copy of cheap hotel in MunichFinancial Guidelines For Agricultural Producers.You can order it from Countryside Marketing, Inc., by calling1-630-637-0199 or you can write to: Farm Financial Standards Council PMB 316 1212 S. Naper Blvd., #119 Naperville, IL 60540