Tax practitioners, farmers, and farmland owners are encouraged to connect to the Agricultural and Natural Resources Income Tax Issues Webinar (via Zoom) on December 19th from 8:45 a.m. to 3:30 p.m. The event is sponsored by Income Tax Schools at The Ohio State University.
The webinar focuses on issues specific to farm tax returns related to agriculture and natural resources and will highlight timely topics and new regulations.
The program is an intermediate-level course for tax preparers whose clients include farmers and rural landowners. The webinar will also benefit farmers who prepare and file their own taxes.
Tentative topics to be covered during the Ag Tax Issues webinar include:
- New Legislation and Hot Topics
- Tax Planning for Lean Years
- Conservation Issues
- Disaster and Drought Tax Issues
- Entity Tax Issues: Split Interest Purchases, Partnership Issues
- Expensing and Depreciation, with a deep dive on Section 179
- Retirement Issues
- Lease v. Purchase, Capital Leases on the Farm
- Selling and Trading Property
The cost for the one-day school is $180 if registered by December 5th. After December 5th, the registration increases to $230. Additionally, the course has been approved for the following continuing education credits:
- Accountancy Board of Ohio, CPAs (6 hours)
- Office of Professional Responsibility, IRS (6 hours)
- Supreme Court of Ohio, Attorneys (5 hours)
Registration includes the Agricultural Tax Issues Workbook. Early registration (at least two weeks prior to the webinar) guarantees that you’ll receive a workbook prior to the webinar.
The live webinar will also feature options for interaction and the ability to ask questions about the presented material.
More information on the workshop, including how to register, can be found at: https://go.osu.edu/2024agtaxissues
For any questions, please get in touch with Barry Ward at ward.8@osu.edu or Jeff Lewis at lewis.1459@osu.edu
