Agricultural & Natural Resources Income Tax Issues Webinar

Written by Jeffrey K. Lewis, Esq., Legal Associate, Agricultural and Resource Law Program, Income Tax Schools

Barry Ward, Director, Income Tax Schools at The Ohio State University
Jeff Lewis, Legal Associate, Income Tax Schools at The Ohio State University

Tax practitioners, farmers, and farmland owners are encouraged to connect to the Agricultural and Natural Resources Income Tax Issues Webinar (via Zoom) on December 15th from 8:45 a.m. to 3:30 p.m. The event is sponsored by Income Tax Schools at The Ohio State University and Purdue Income Tax Schools.

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. Farmers who prepare and file their own taxes will also benefit from the webinar.

 

Topics to be covered during the Ag Tax Issues webinar include:

Outlook for Farm Economy
Legislative and Regulatory Update
Farm Partnership Tax Matters
Installment Method on the Farm
Healthcare Options for Farmers in 2026
Sale and Exchange of Farm Property
Cost Recovery in 2025 and Beyond
CCC Marketing Assistance Loans
Residual Fertility/Fertilizer Deduction
Taxability of Highly Pathogenic Avian Influenza (HPAI) Indemnity Payments
Income Tax Issues – 4-H & FFA Projects
R&D Tax Credits – Credit for Increasing Research Activities (I.R.C. § 41)
Changes to Corporate Transparency Act – Beneficial Ownership Information (BOI) Reporting
Managing Basis in Estates

The cost for the one-day school is $180 if registered by December 1st. After December 1st, 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 also 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.

Instructors will include Jared Foos (President, Foos Garvin Accounting, Inc & instructor for many Ohio and National Tax Courses), Barry Ward, Jeff Lewis, David Marrison, Robert Moore (all with The Ohio State University) and Michael Langemeier (Purdue University).

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/tax2025

For any questions, please contact Barry Ward or Jeff Lewis at taxschools@osu.edu

BEEF Cattle Letter: November 12

Six new articles have been posted in this week’s issue number 1473 of the Ohio BEEF Cattle letter: http://u.osu.edu/beef/

This week we look at the similarities, and also differences, between 2024 and 2025, and yet how the importance of forage analysis and testing remains critical!

Articles this week include:

  • Same horse, different road
  • To Feed or Not to Feed, Soybeans that Is
  • Pasture and Forage Risk Protection? – Enroll by December 1st
  • Mixed Week for Southeast Cash Cattle Markets
  • USDA to Publish WASDE and Cattle on Feed for November
  • High prices will cure high prices

Newsletter release by Stan Smith, OSU Extension ANR Program Assistant, Fairfield County

Pasture and Forage Risk Protection? – Enroll by December 1st

By: Eric Richer, Aaron Wilson, Mike Estadt, Garth Ruff

It is no secret that hay producers and pasture managers in Ohio have experienced lower production in the past two years than the previous several years due to significant drought in parts of the state. Similar to row crop production, weather risk can present significant challenges for our livestock producers who produce their own forages and/or graze livestock. Those producers may consider Pasture, Rangeland, and Forage (PRF) Insurance as part of their risk management strategy. Enrollment in this insurance product closes December 1st each year.

The Basics

PRF is a single-peril (rainfall only) and area-based insurance product. Area-based means that indemnity payments will not be based upon individual producer’s experience, rather, payments will be based upon a grid’s deviation from historically normal rainfall. It covers less than average rainfall levels in a particular grid up to the level of coverage that a farmer selects. Rainfall is measured through the National Oceanic and Atmospheric Administration Climate Prediction Center (NOAA CPC). A producer will have to make several choices including the coverage level of forage production they wish to insure, the rainfall index months to cover, the productivity level of the field or fields they wish to enroll and the number of acres they wish to insure. Continue reading Pasture and Forage Risk Protection? – Enroll by December 1st

Lorain County Planning for the Future of your Farm Workshop, December 11 & 17

 This program will be held on December 11 and 17 from 6-9 PM with a light meal starting at 5:30 pm.

If you and your family are grappling with the critical issue of how to transition your farm operation and assets to the next generation, OSU Extension invites you to attend the “Planning for the Future of Your Farm Workshop” on _December 11 & 17_from 6:00 – 9:00 p.m. at _the Lorain County Extension Office with a light meal starting at 5:30.

This two-evening workshop will help your family to actively plan for the future of the farm business.  Learn how to have crucial conversations about the future of your farm and gain a better understanding of the strategies and tools that can help you transfer your farm’s ownership, management, and assets to the next generation. We encourage parents, children, and grandchildren to attend together to develop a plan for the future of the family and farm.

Teaching faculty for the workshop are David Marrison, OSU Extension Farm Management Field Specialist, and Robert Moore, Attorney with the OSU Agricultural & Resource Law Program.

Workshop topics include: Developing Legacy Goals; Planning for the Transition of Management; Planning for the Unexpected; Communication and Conflict Management; Legal Tools and Strategies; Developing Your Team; Getting Your Affairs in Order; and Selecting an Attorney.

The base registration fee of $35_includes course materials, refreshments and light meal prior to evening’s workshop.  Registration is limited and should be received no later than December 9.

To get registered, please reach out to the Extension office or stop by to fill out a registration form. There are limited spots available, so don’t wait! We hope to see you there! You can also find the flyer and registration form on our county page here: https://lorain.osu.edu/events/planning-future-your-farm-workshop

BEEF Cattle Letter: November 5

Four new articles have been posted in this week’s issue number 1472 of the Ohio BEEF Cattle letter: http://u.osu.edu/beef/

Just because its November and we’ve received some precipitation doesn’t mean pasture management ceases. That’s the focus this week.

Articles this week include:

  • Beefing Up Pastures After Drought
  • Don’t graze too short!
  • Cattle Auction Prices React to Futures Market Volatility
  • Reflecting on the Bigger Picture

Newsletter release by Stan Smith, OSU Extension ANR Program Assistant, Fairfield County

C.O.R.N. Newsletter: November 4-10

In this edition of the C.O.R.N. Newsletter:

  • 2025 Ohio Soybean Performance Trials: Yield Results For All Trial Locations –  Laura Lindsey, Allen Geyer
  • Delayed Wheat Germination and Emergence Due to Dry Soil in Northwest Ohio –  Laura Lindsey, Prabath Senanayaka Mudiyanselage, Jonathan Moore
  • Certified Crop Adviser CEU Credits Available – Nic Baumer, Ambria Small
  • Registration Open for 2026 Ohio State Organic Grains Conference – Eric Richer, CCA, Amanda Douridas, CCA, Stephanie Karhoff, CCA, Cassandra Brown

C.O.R.N. Newsletter is a summary of crop observations, related information, and appropriate recommendations for Ohio crop producers and industry. C.O.R.N. Newsletter is produced by the Ohio State University Extension Agronomy Team, state specialists at The Ohio State University and the Ohio Agricultural Research and Development Center (OARDC). C.O.R.N. Newsletter questions are directed to Extension and OARDC state specialists and associates at Ohio State.

BEEF Cattle Letter: October 29

Five new articles have been posted in this week’s issue number 1471 of the Ohio BEEF Cattle letter: http://u.osu.edu/beef/

Perhaps it’s the lingering effect of last year’s drought, regardless, it seems weedy pasture fields have become a significant concern in 2025. This week we focus attention on just that . . . pasture weed control.

Articles this week include:

  • Precondition or Not, That is the Question
  • When it comes to weeds, what is the best course of action?
  • On the Prowl for Foxtail Solutions
  • Cattle Markets React to Policy Uncertainty on Beef and Cattle Imports
  • Policy changes won’t result in a short-run change to beef and cattle prices

Newsletter release by Stan Smith, OSU Extension ANR Program Assistant, Fairfield County

Trio of Ag Bills introduced in Ohio Senate

By:Ellen Essman, Senior Research Associate

A trio of senate bills related to agriculture were introduced in the Ohio General Assembly this month.  The bills touch on a variety of topics, from CAUV recoupment charges, to training an agricultural workforce, to creating a state food and agriculture policy council.

Senate Bill 285, available here, was introduced by Senator Tim Schaffer (R-Lancaster) on October 8 and referred to the Senate Ways and Means Committee.  The bill would exempt certain conservation uses from recoupment charges when land is converted from an agricultural use. Typically, if agricultural land is converted to another use, it is subject to a recoupment charge equal to the previous three years of tax savings it received because it was valued using its current agricultural use value (CAUV).  SB 285 would not require a recoupment charge to be paid if the agricultural land is acquired by a conservation organization and is used for certain environmental response projects related to water quality or wetlands, or if it is used for an H2Ohio water project. That being said, if the land ceases to be used for conservation, recoupment charges would apply.  SB 285 had its first hearing in the Senate Ways and Means Committee on October 28.

Sponsored by Senator Paula Hicks-Hudson (D-Toledo), SB 287, entitled “Farming And Workforce” was introduced on October 8, and had its first hearing in the Senate Finance Committee on October 28.  The bill, which is available here, would create the Farming and Workforce Development Program.  This program would provide training for Ohio residents between 16 and 35 years of age to prepare them for employment in seasonal crop farming. The program would not exclude people who have been convicted or pled guilty to a felony from eligibility.  The bill would require Ohio State University Extension and Central State University Extension to develop guidelines and policies for the application process, coursework, and running of the Farming and Workforce Development Program, and would appropriate $500,000 from the state general revenue fund to get the program started.

Finally, Senate Bill 288 was also introduced on October 8. Also sponsored by Senator Hicks-Hudson, the bill, available here, would create the Ohio Food and Agriculture Policy Council.  The Council would be tasked with making recommendations to the General Assembly that strengthen Ohio’s food and farm economies, engaging in advocacy, education, and policy work for the health of Ohio’s citizens and the sustainability of the state’s natural resources.  Specifically, the Council would be charged with delivering an annual report to the General Assembly detailing its recommendations on:

  • Food security;
  • Food access;
  • Food production and distribution;
  • Food waste;
  • Economic development;
  • Food procurement;
  • Food chain workers; and
  • Food systems resilience.

The Council would be housed under the Ohio Department of Agriculture (ODA). The Director of ODA would serve on the council, as well as the following members, who would be appointed by the Governor:

  • One member who is a representative of the Ohio Hospital Association;
  • One member from Ohio State University Extension;
  • One member from Central State University Extension;
  • Three members from Ohio Farm Bureau;
  • One member who represents urban farming;
  • One member who represents rural farming;
  • One member who represents statewide food banks; and
  • One member who is a registered lobbyist representing Ohio Cooperatives.

Senate Bill 288 would appropriate $500,000 to create the Ohio Food and Agriculture Policy Council and has been referred to the Senate Finance Committee.

Be sure to stay tuned to the Ag Law Blog for continuing updates on Ohio Legislation affecting agriculture!

C.O.R.N. Newsletter: October 28-November 3

In this edition of the C.O.R.N. Newsletter: 

  • October’s Weather Pulse: Rain Gains, Drought Remains, and Ohio’s First Freeze – Aaron Wilson

C.O.R.N. Newsletter is a summary of crop observations, related information, and appropriate recommendations for Ohio crop producers and industry. C.O.R.N. Newsletter is produced by the Ohio State University Extension Agronomy Team, state specialists at The Ohio State University and the Ohio Agricultural Research and Development Center (OARDC). C.O.R.N. Newsletter questions are directed to Extension and OARDC state specialists and associates at Ohio State.

Carbon Capture and Storage legislation and prospect of pore space leasing moves forward in Ohio

Written by Peggy Kirk Hall, Attorney and Director, Agricultural & Resource Law Program

A bill authorizing the capture and storage of carbon dioxide via underground storage wells has passed the Ohio House of Representatives.  The nearly unanimous vote by the House now advances H.B. 170 to the Ohio Senate.

We’ve reported previously on the prospect of Carbon Capture and Storage (CCS) coming to Ohio.  CCS is one part of a strategy to reduce airborne CO2 emissions. It’s of high interest to hard-to-abate emission sources, such as ethanol, steel, chemical, and concrete production facilities. Rather than reducing the CO2 in their emissions, CCS allows such sectors to capture CO2 from emissions and store the CO2 in pore spaces far beneath the land’s surface. But landowners must be willing to lease their “pore space” for CO2 storage. If passed, then, CCS legislation will create pore space leasing opportunities and challenges for Ohio landowners.

Refer to our Ag Law Blog posts explaining CCS and discussing how CCS requires landowners to lease “pore space.”  We also reviewed the first CCS bills in Ohio, proposed last legislative session, in a third blog post.  Those  bills did not pass, and H.B. 170 represents a new version of the proposals, developed after additional consideration by interested parties. Continue reading Carbon Capture and Storage legislation and prospect of pore space leasing moves forward in Ohio