Tax practitioners with an interest in farm income taxes will have an opportunity to attend a one day farm tax workshop scheduled for December 15 from 9:30 a.m. to 4:00 p.m. in nine locations across Ohio. The workshop will be held on Monday, December 15 th at the following locations in Ohio: Caldwell, Chillicothe, Columbus, Greenville, Jefferson, Ottawa, Urbana, Upper Sandusky and Wooster.
These workshops will be taught by Dr. Phil Harris, Professor of Agricultural Economics from the University of Wisconsin. Participants will hear a lecture on current agricultural tax issues given by Dr. Harris supplemented with a slide presentation. Dr. Harris will be available for questions during two scheduled conference calls and OSU faculty will also be available to answer questions on-site. Participants will also receive a 300 page book, Agricultural Tax Issues and Form Preparation, authored by Dr. Harris as part of their registration.
Topics to be covered during the workshop include tax provisions of the 2008 Farm Bill, sale of carbon credits, conservation easements & the farmer provisions, prepaid expenses, fertilizer containment structures, soil & water conservation payments, tax issues for farmland owners who rent their land, depreciation & IRC 179 expensing and other related topics.
The Agricultural Tax Issues program has been accepted for continuing education credits by the Accountancy Board of Ohio, IRS Director of Practice and the Ohio Supreme Court Commission on Continuing Legal Education. Workshop information, a downloadable registration form as well as on-line registration are available at the following website: http://incometaxschools.osu.edu . Or contact Dr. Warren Lee, Ohio Income Tax Schools, at 614-292-6308 for additional information concerning the workshop. The Agricultural Tax Issues Workshop is sponsored by the Ohio State University Department of Agricultural, Environmental and Development Economics and Ohio State University Extension.