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As the end of the financial year approaches, it is helpful to learn about tax implications for small farms. Here at Tractor Tools Direct, we field many questions about small-farm sales tax exemptions and other tax deductions. If you haven’t already, it may make sense to set up your small farm as a business. Read further to learn more about the process to determine if applying for a farm tax ID would be beneficial to your operation. What is a farm tax ID number? A farm tax ID number i …