This presentation is hosted by Utah State University and developed by the National Farm Income Tax Committee. The webinar covers 10 lessons learned in an informal coffee chat style presentation. Topics include Systemic Processing Issues, Schedule F vs Schedule C, Depreciation Issues, Taxation of Grants, Hiring Owner’s Children, Recent Fire Losses, Deferring Cattle Sale Income, Entity Issues, Conservation Easements, Timber Tax Issues, Excess Soil Fertility.
This material is based upon work supported by the U.S. Department of Agriculture, under agreement number FSA21CPT0012032.