Financial

Intro to QuickBooks for Small Business Owners & Manufacturing Companies

Registration is now open for Intro to QuickBooks for Small Business Owners & Manufacturing Companies. 

You can attend this for FREE if you are an MEP or SBDC client– ask us how to become an Manufacturing Extension Partnership Client or how to become a Small Business Development Center client.

This is a hands-on, slow-paced instruction three-part workshop.

For more information on the sessions go to go.osu.edu/quickbooksforsmallbusinessowners

Space is limited.

QuickBooks Training- Intro to QuickBooks

 To register contact Reid Pope at pope.337@osu.edu or 740-289-1605

OSU Extension Offering Quarterly Grain Market Update

OSU Extension invites Ohio grain producers to grab a cup of coffee and join a quarterly grain market conversation with Dr. Seungki Lee, Assistant Professor in the Department of Agricultural, Environmental and Development Economics (AEDE) from 7:30 to 8:00 a.m. on February 13, April 14, September 15, and November 17, 2023.

During these webinars held via Zoom, Dr. Lee will provide his insights on the World Agricultural Supply and Demand Estimates (WASDE) crop report. “These early morning webinars will be a great way for Ohio farmers to learn more about the factors impacting the corn, soybean, and wheat markets” said David Marrison, Interim Director for OSU Extension’s Farm Financial Management and Policy Institute.

There is no fee to attend these quarterly webinar sessions. Pre-registration can be made at go.osu.edu/coffeewithDrLee. These webinars are sponsored by: OSU Extension, Farm Financial Management & Policy Institute (FFMPI), and the Department of Agricultural, Environmental and Development Economics (AEDE) all located in The Ohio State University College of Food, Agricultural, and Environmental Sciences (CFAES).

CoffeewithSeungkiLee2023-final

Ladies on the Land Workshops in 2022

Do you own, lease, or manage land? Would an increase in confidence, improved communication skills, and helpful resources allow you to better navigate farmland leasing issues? If so, join this interactive farmland leasing workshop developed for women involved in all stages and aspects of agriculture! Workshop topics cover:

  • Assessing the risk-reward continuum for tenants and landowners
  • Farmland leasing best practices
  • Enhancing communication skills
  • Developing equitable rental rates
  • Answers to your questions and concerns

Cost is $25 per person and includes a box lunch. Four workshops will be offered around Ohio and each will be from 9:00 AM – 3:30 PM :

  • January 27 – Medina County (Medina)
  • February 15 – Ross County (Chillicothe)
  • February 24 – Morrow County (Mt. Gilead)
  • March 3 – Putnam County (Ottawa)

Register at https://go.osu.edu/ladiesontheland

Ladies on the Land 2022 Flyer

 

2020 Farmer’s Tax Guide

Do you need a resource to answer those tough farm tax questions? If so, you can access the Farmer’s Tax Guide (IRS Publication 225) online at: https://www.irs.gov/pub/irs-pdf/p225.pdf

The 2020 Farmer’s Tax Guide explains how federal tax laws apply to farming. This guide can be used as a guide for farmers to figure taxes and complete their farm tax return.

The explanations and examples in this publication reflect the Internal Revenue Service’s interpretation of tax laws enacted by Congress, Treasury regulations, and court decisions. However, the information given does not cover every situation and is not intended to replace the law or change its meaning.

Some of the new topics for the 2020 tax year which are included in this publication are: Tax treatment of Coronavirus Food Assistance Program (CFAP) payments, Payroll Protection Program (PPP) Loans and Forgiven Debt, Increased section 179 expense deduction dollar limits, COVID-19 related employment tax credits and other tax relief, Redesigned Form W-4 for 2020, New Form 1099-NEC, and much more.

Hardcopies of the 2020 Farmer’s Tax Guide are also available at select county OSU Extension offices.

The Rural Tax Education Site has additional resources for agriculturally related income and self-employment tax information that is both current and easy to understand: https://ruraltax.org/