OSU Extension Announces Two-Day Tax Schools for Tax Practitioners & Agricultural & Natural Resources Income Tax Issues Webinar

OSU Income Tax Schools 2020

OSU Extension Announces Two-Day Tax Schools for Tax Practitioners &

Agricultural & Natural Resources Income Tax Issues Webinar

Barry Ward & Julie Strawser, OSU Income Tax Schools

Dealing with the tax provisions of the COVID-related legislation for both individuals and businesses are among the topics to be discussed during the upcoming Tax School workshop series offered throughout Ohio in November and December.

“The annual series is designed to help tax preparers learn about federal tax law changes and updates for this year as well as learn more about issues they may encounter when filing individual and small business 2020 tax returns,” said Barry Ward, Director of the Ohio State University Income Tax School Program.

“The tax schools are intermediate-level courses that focus on interpreting tax regulations and changes in tax laws to help tax preparers, accountants, financial planners and attorneys advise their clients,” he said. The schools offer continuing education credit for certified public accountants, enrolled agents, attorneys, annual filing season preparers and certified financial planners.

“This is another important year for tax education as the new COVID-related legislation creates some challenges for tax practitioners to prepare tax returns. We have an excellent set of instructors with a great deal of experience and training along with a top reference workbook to prepare tax practitioners to best serve their clients during this ongoing process of incorporating recent tax law changes in completing tax returns,” Ward said.

The workbook alone is an extremely valuable reference as it offers over 700 pages of material including helpful tables and examples that will be valuable to practitioners. Sample chapters of the reference workbook can be found at: https://go.osu.edu/WorkbookChapters.

This year, OSU Income Tax Schools will offer both in-person schools and online virtual schools.

In-person schools:

  1. Lima – November 2-3

Old Barn Restaurant and Grill

3175 W Elm Street, Lima, OH 45805

  1. Fremont – November 4-5

Ole Zim’s Wagon Shed

1375 State Route 590, Gibsonburg, OH 43431

  1. Ashland – November 11-12 SOLD OUT

Ashland University

John C. Meyers Convocation Center

820 Clermont Ave., Ashland, OH  44805

 

  1. Dayton – November 17-18

Presidential Banquet Center

4548 Presidential Way, Kettering, OH  45429

  1. Columbus – December 10-11 SOLD OUT

Nationwide & Ohio Farm Bureau 4-H Center

2201 Fred Taylor Dr., Columbus, OH 43221

 

Virtual On-Line Schools:

  1. Webinar (Zoom)

November 9, 13, 16 and 19

Each Day 12:30 – 5pm

Zoom Webinar

  1. Livestream (Zoom)

December 10-11

Livestream of Columbus Tax School Location via Zoom

In addition to the tax schools, the program offers a separate, two-hour ethics webinar that will broadcast Dec. 4 at 10 a.m. The webinar is $25 for school attendees and $50 for non-attendees and is approved by the IRS and the Ohio Accountancy Board for continuing education credit

Register two weeks prior to the school date and receive the two-day tax school early-bird registration fee of $375.  This includes all materials, lunches and refreshments. The deadline to enroll is 10 business days prior to the date of each school. After the school deadline, the fee increases to $425.

Additionally, the 2020 RIA Federal Tax Handbook is available to purchase by participants for a discounted fee of $45 each. Registration information and the online registration portal can be found online at:

http://go.osu.edu/2020tax

A webinar on Ag Tax Issues will be held Dec. 18 from 8:45 a.m. to 3:30 p.m.

If you are a tax practitioner that represents farmers or rural landowners or are a farmer or farmland owner that prepares your own taxes, this five-hour webinar is for you. It will focus on key topics and new legislation related specifically to those income tax returns.

Registration, which includes the Ag Tax Issues workbook, is $150. Register by mail or on-line at https://go.osu.edu/agissues2020.

Participants may contact Ward at 614-688-3959, ward.8@osu.edu or Julie Strawser 614-292-2433, strawser.35@osu.edu for more information.

Farmer and Farmland Owner Income Tax Webinar

Are you getting the most from your tax return? Farmers and farmland owners who wish to increase their tax knowledge should consider attending this webinar that will address tax issues specific to this industry. Content focuses on important tax issues and will offer insight into new COVID related legislation.

Mark your calendars for December 3rd, 2020 to participate in this live webinar from 6:30 to 8:30 pm. The event is a joint offering from OSU Income Tax Schools which are a part of OSU Extension and the College of Food, Agricultural and Environmental Sciences and Purdue University Income Tax Schools.  If you are not able to attend the live webinar, all registered participants will receive a link to view the recorded webinar at a time of their convenience. This link will be available through the tax filing season.

The two-hour program is targeted towards owners who file their own farm taxes or simply wish to arm themselves with more tax information that will help them to better plan for tax filing.

Topics to be discussed during the webinar include:

  • Tax Issues related to COVID-related legislations including tax credits, PPP loans, EIDL loans etc.
  • New 1099-Misc and 1099-NEC
  • Tax planning in an unusual year: prevented planting crop insurance indemnity payments, Revenue Crop Insurance Payments, CFAP payments, etc.
  • Like Kind Exchanges (farm machinery and equipment no longer are eligible for this provision – this is a significant change), how this change may affect state income tax and how this change may affect your Social Security credits and eventual payments
  • Qualified Business Income Deduction, sales to cooperatives, lease income
  • Other topics

The cost for the webinar is $35. To register, go to https://go.osu.edu/farmertax2020.  For more information, contact Julie Strawser at strawser.35@osu.edu or call the OSU Extension Farm Office at 614-292-2433.

Barry Ward, Director, OSU Income Tax Schools

College of Food, Agricultural and Environmental Sciences, OSU Extension

Pickled Beets and Eggs

The deep red hue of pickled beets and eggs is beautiful.  For a colorful and tasty recipe, try Pickled Beets and Eggs.  Let us know what you think!  Email Becky at fiscus.22@osu.edu with your thoughts about the recipe.

For more recipes, be sure to check out www.celebrateyourplate.org

 

Help us out Farmers…Take the OSU Extension Health Survey

Take the OSU Extension Health Survey

  • Give us 15 minutes to tell us about your health behaviors for sun safety and 7 other areas: sleep, stress, nutrition, physical activity & a few more
  • We will not ask your name, or any other personal identifiers – your information will be aggregated with other farmer responses in Ohio
  • This information will develop future Extension programs and resources for healthy living.
  • There is a $10 gift card incentive for all completed surveys – for 100 Ohio farmers.
  • Go to our survey link directly:  www.go.osu.edu/HealthSurvey2020

 

For questions, contact:

Pat Brinkman, Extension Educator Family & Consumer Sciences, brinkman.93@osu.edu

Dee Jepsen, Ag Safety and Health, jepsen.4@osu.edu

 

Be Food Safe

A critical part of healthy eating is keeping food safe to eat.  Here are some tips to help us reduce the risk of foodborne illness.  For more tips, check out www.choosemyplate.gov

Junior Fair Board Now Accepting Applications!

It’s that time of year again! Below are the links for the 2021 Clermont County Junior Fair Board Application Forms (Member Application and Personal Reference for first-time applicants).
Forms are due on Friday, October 16, 2020. Online forms are the preferred version.
ALL applicants should attend the October meeting on Wednesday, October 21, at 7pm.  All returning members must fill out an application for the upcoming year.

Ohio 4-H STEM in AG at Farm Science Review

Mark Your Calendars!

There are some great virtual STEM opportunities to participate in on September 22, 23 and 24, during the Virtual Farm Science Review Ohio 4-H STEM in Ag area.

4-H professionals, members and partners as well as CFAES faculty will be bringing virtual field trips, interactive activities and challenges to engage youth, teachers, volunteers, parents and grandparents in STEM and its application to agriculture and our everyday lives.

Ohio 4-H STEM in AG Schedule

 

Zucchini Pumpkin Bread

Fall is right around the corner and this recipe is perfect for those cool days!  Give it a try and let us know what you think.  For more recipes, be sure to check out www.celebrateyourplate.org