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Extension Farm and Agribusiness Management Team Offers Farm Tax Seminar

Extension Farm and Agribusiness Management Team Offers Farm Tax Seminar

AUBURN, Ala. — Extension’s newly formed Farm and Agribusiness Management Team will present a one-day workshop Friday, Oct. 14, for accountants who work with farmers and other agribusinesses.

The Farm Tax CPE Seminar will be in Prattville at the Montgomery Marriott Prattville Hotel and Conference Center at Capitol Hill. Registration begins at 7:30 a.m. The conference center is located at 2500 Legends Parkway, Prattville, Alabama.

“The new tax seminar is developed to help Certified Public Accountants (CPAs) and Enrolled Agents (EA) with farm-specific tax issues,” said Robert Page, Alabama Extension agribusiness and farm management agent. “Each of our speakers has significant experience with agricultural tax issues. We are confident that participants will find the program valuable.”

Robert Holcomb, EA, will be the featured speaker. A University of Minnesota Extension educator since 2004, Holcomb develops and delivers programs dealing with agricultural risk management. His program emphasis is farm analysis, business planning, labor management and taxation.

The second featured speaker is Dr. Robert Tufts, an Extension attorney from Auburn University. Sheneal Gibbs, a revenue examiner from the Alabama Department of Revenue and Nora Huffman from the Internal Revenue Service, also will  present a portion of the seminar.

Seminar Topics

Seminar topics include income issues such as installment sales of livestock, farm versus non-farm income, drought sales of livestock and conservation reserve payments. Other topics include deduction issues, such as tangible property regulations and lease versus purchase of farm equipment. Miscellaneous farm issues—farm inventory, issues for farmers with multiple entities and valuation of growing crops will also be discussed. Visit the registration page for a full list of topics and the seminar agenda.

CEU Credits

Seminar participants will qualify for eight hours of continuing professional education credit. Early bird registration is $165 and must completed by Sept. 14. After Sept. 14, the registration fee increases to $195.

Registration

To register for the seminar online, visit the registration page here or call 334.844.5100 to complete registration via phone. Send hard copy registration forms to Auburn University’s Office of Professional and Continuing Education, 301 O.D. Smith Hall, Auburn, AL 36849. Send emails to opce@auburn.edu, Re: Tax Seminar Registration.

For more information on the seminar visit www.aces.edu or contact Robert Page at (256) 201-2465 or rlp0005@aces.edu.

 

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