A tax management program will be offered to producers and tax preparers from 1 to 4 p.m. CT on Thursday, Dec. 1, via Zoom.
The program, sponsored by North Dakota State University Extension and the Internal Revenue Service, will feature presentations by Alan Gregerson, IRS; Russ Tweiten, Ag Country Farm Credit Services and Rob Holcomb, University of Minnesota Extension.
Experts will provide federal income tax updates and tax management alternatives.
Program topics include:
- Federal income tax update
- IRS update
- Identity theft and breaches
- Inflation Reduction Act
- Tax management upon retirement
- Net operating losses, like kind exchanges
- Drought-forced livestock sales
- Deferred crop sales
- Reporting crop insurance payments
- Sale of farm assets
- Qualified business income deduction
- Filing dates
- Estate taxes
This program is only offered in a virtual format via Zoom. The cost for the program and materials is $10.
Source : ndsu.edu