Ag Producers Income Tax Management Program Set for Nov. 30
A virtual tax management program will be offered to farmers and ranchers and tax preparers from 1 to 4 p.m. CST on Nov. 30.
The program, sponsored by North Dakota State University (NDSU) Extension and the Internal Revenue Service (IRS), will feature presentations by Alan Gregerson, IRS; Russ Tweiten, Ag Country Farm Credit Services; Rob Holcomb, University of Minnesota Extension; and Jason Grunewald, Ag Country Farm Credit Services.
Experts will provide federal income tax updates and tax management alternatives.
Program topics include:
- Federal income tax update
- IRS update
- Identity theft and breaches
- Tax management upon retirement
- Net operating losses, like kind exchanges
- Drought-forced livestock sales
- Deferred crop sales
- Reporting crop insurance payments
- Qualified business income
- Tax planning in higher income years
Preregistration is required by Nov. 26. Registered attendees will receive a link to join the Zoom meeting. The cost for the virtual program and materials is $10.
Register online at https://www.ndsu.edu/agriculture/ag-hub/events/income-tax-management-ag-producers-virtual
For additional information or questions, contact Paulann Haakenson at paulann.haakenson@ndsu.edu or 701-231-7393.
NDSU Agriculture Communication – Nov. 8, 2021
Source: Ron Haugen, 701-231-8103, ronald.haugen@ndsu.edu
Contact: Paulann Haakenson, 701-231-7393, paulann.haakenson@ndsu.edu
Editor: Elizabeth Cronin, 701-231-5391, elizabeth.cronin@ndsu.edu
