Timely Tax Issues In Agriculture - An Overview
Date: Thursday, July 24, 2025
Instructor: Susan Harper
| Begin Time: |
11:00am Pacific Time
12:00pm Mountain Time
1:00pm Central Time
2:00pm Eastern Time |
| CPE Credit: |
2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC |
|
NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
There are more than 570 million farms worldwide, mostly small and family operated. Small farms operate about 12% and family farms about 75% of the world’s agricultural land. Join Susan Harper, Certified Fraud Examiner, and former IRS Internal Revenue Agent of 24 years as she explores several timely tax issues impacting the world of agriculture.
With 20 years instructing CPE courses, Susan will deliver an entertaining and informative discussion to provide you with a better understanding of agriculture issues impacting your clients who are framers and ranchers.
Topics Covered
- Qualified Conservation Contributions
- Elections
- Depreciation Vines & Trees
- Taxation of Breweries, Wineries, and Distilleries
- Easements
- Oil & Gas
Learning Objectives
- Explore the qualified conservation contribution rules
- Elect to deduct disaster losses in preceding year
- Recover the cost of planting vines and trees
- Review taxation of breweries, wineries, and distilleries
- Discuss easements
- Navigate oil & gas rules
Level
Basic
Instructional Method
Group: Internet-based
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
