Good Agricultural Practices Trainings

The OSU Produce Safety Team has three online Good Agricultural Practices (GAPs) trainings scheduled this winter, with the first one coming up next Thursday, on January 21st. These programs are free to attend.

You can find more information at producesafety.osu.edu/events. Registration links are available for each event:

Farmer’s Tax Guides – Tax Guidance for Your Farm Business

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/

Farm Office Live

 “Farm Office Live” returns virtually this winter as an opportunity for you to get the latest outlook and updates on ag law, farm management, ag economics, farm business analysis and other related issues from faculty and educators with the College of Food, Agriculture and Environmental Sciences at The Ohio State University.

Each Farm Office Live will start off with presentations on select ag law and farm management topics from our experts and then we’ll open it up for questions from attendees on other topics of interest.  Viewers can attend “Farm Office Live” online each month on Wednesday evening or Friday morning, or can catch a recording of each program. The full slate of offerings for this winter:

January 13th 7:00 – 8:30 pm

January 15th 10:00 – 11:30 am

February 10th 7:00 – 8:30 pm

February 12th 10:00 – 11:30 am

March 10th 7:00 – 8:30 pm

March 12th 10:00 – 11:30 am

April 7th 7:00 – 8:30 pm

April 9th 10:00 – 11:30 am

 

Topics to be addressed this winter include:

Outlook on Crop Input Costs and Profit Margins

Outlook on Cropland Values and Cash Rents

Outlook on Interest Rates

Tax Issues That May Impact Farm Businesses

Legal trends for 2021

Legislative updates

Farm business management and analysis updates

Farm succession & estate planning updates

 

Who’s on the Farm Office Team?  Our team features OSU experts ready to help you manage your farm office:

Peggy Kirk Hall — agricultural law

Dianne Shoemaker — farm business analysis and dairy production

David Marrison — farm management

Barry Ward – farm management and tax

 

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

We look forward to you joining us this winter!

Barry Ward, David Marrison, Peggy Hall, Dianne Shoemaker – Ohio State University Extension

 

“Effects of the COVID-19 Outbreak on Specialty Crop Operations and Markets”

 

 

August 5, 2020

Dear Specialty Crop Grower,

I am writing to you today to request your assistance with a study about the effects of the COVID-19 outbreak on specialty crop operations and markets. Our purpose is to examine how different groups of stakeholders within specialty crops have been affected, and how different value chain channels were disrupted. For this study specialty crops are vegetables, potatoes, melons, fruit, nuts, berries, flowers, bedding crops, nursery crops, food crops grown under protection, propagative materials, and mushroom crops. Ultimately, the intentions of this study are to generate new knowledge that will guide future extension outreach activities, and to quantify the impact in terms of production losses and reduction in sales. This project is being led by researchers in the College of Food, Agricultural, and Environmental Sciences at Ohio State University with internal support.

We realize that your time is valuable and hope you consider participating in this study. To show our appreciation we offer a $10 e-gift card to the first 200 eligible participants. Eligible participants are owners and/or leading operators of specialty crop businesses within the state of Ohio, who choose to inform name and email address at the end of the questionnaire. Participating in this study means sharing your personal experience while playing the role of a leading agribusiness owner/operator. The questionnaire is available through OSU Qualtrics by clicking this link. Qualtrics is a world-class service provider that offers a secure line for internet-based surveys. Numerous universities across the country use Qualtrics to distribute surveys and collect valuable research data. Ohio State, Cornell, Stanford, Notre Dame, Purdue, and University of Illinois are some of the universities using Qualtrics.

The questionnaire is also available in paper format. If you prefer to participate using a paper-based questionnaire, do not hesitate to contact me and I will send you a hard copy of the questionnaire. The envelope will include a consent form with additional details about this study, the questionnaire, and a prepaid return envelope. Please make sure to sign and return the consent form along with the filled questionnaire if you decide to take part in this study. You can contact me by email at signorini.2@osu.edu, by phone at (614) 292-3871, or by postal mail at 2001 Fyffe Rd., 225 Howlett Hall, Columbus, OH, 43210. If you have questions about this study, I will be most happy to answer.

Yours sincerely,
Guil Signorini, PhD – Assistant Professor / Research Scientist Department of Horticulture and Crop Science College of Food, Agricultural, and Environmental Sciences, Ohio State University

 

You may also contact Gigi Neal, OSU Ag & Natural Resources Extension Educator, Clermont County at neal.331@osu.edu or 513-732-7070 or Brad Bergefurd, OSU Extension Horticulture Specialist, OSU South Centers at bergefurd.1@osu.edu or 740-289-3727.