Grand Forks Hilton Garden Inn - 8/10/2010
Bismarck Ramkota - 8/12/2010
8 CPE Hours
$250 Member ($300 Nonmember)
Add $25 after 7/28/2010 Instructor: Roger McEowen
This course focuses on the key tax and legal issues associated with representing agricultural clients.
Topics to be covered will include:
Cases and rulings of importance to agriculture
Qualified production activities deduction and coops
Selected self-employment tax issues for farmers
Impact of net operating losses on farm income averaging
IRS focus - repairs vs. capital improvements
Tax issues associated with co-owned real estate
Hedging vs. speculation
Gifting commodities to family members
Conservation easements
Exclusion of conservation cost- sharing payments
Deferring crop insurance and disaster proceeds
Deferral of livestock sales
Like-kind exchanges - handling of debt
Redeeming capital in a cooperative
The impact of higher rates on investment decisions
Depreciation caps for light trucks, vans and autos
Deductibility of soil and water conser¬vation expenses
Charitable gifts of raised commodities
Prepaid farm expenses
Update on Chapter 12 bankruptcy tax issues
Selected provisions of recently enacted legislation
Update on the federal estate tax
Designed For: Those representing farmers and ranchers Level: Update Developer: Roger McEowen
