UNDATED – 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://bit.ly/3F7uwjD
For additional information or questions, contact Paulann Haakenson at [email protected] or 701-231-7393.
