Join us for a FREE, four-part webinar series on farm taxes & how to position your farm for financial success in 2019.
When every dollar counts, it’s crucial for farmers to understand tax law and get every deduction and credit available. Correct application of tax law and properly positioning your operation could lower your tax liability!
Join us for our free, four-part tax webinar series. Attend one or all four! Here's the webinar lineup:
- C-Corp to S-Corp: Making the switch with the new tax laws. October 10 – 10:00 a.m. CST
Should you make an S election for your C-corporation to take advantage of the new Qualified Business Income Deduction, or should you consider taking advantage of the new flat-rate C-corporation tax? This webinar will explore the alternative properties of both of these elections and the high-level pros and cons of each option.
- Capital Asset Sales & Purchases: What’s New Post TCJA? October 24 – 10:00 a.m. CST
With bonus depreciation now set at 100% during the first year of purchasing equipment and the loss of like-kind-exchange for sales of assets (excluding land), what is the best way to claim your equipment purchases on your tax return? This webinar will explain the new bonus deprecation election as well as the changes with trading in equipment.
- Farm Rental Activity: What activities qualify for the Qualified Business Income Deduction? November 7 – 10:00 a.m. CST
Does your rental activity qualify for the 20% Qualified Business Income Deduction? This webinar explains the necessary documentation and service hour requirement to allow for your activity to benefit from the new section 199A tax pass-through deduction.
- Estate & Gift Taxes: The effects of gifting and the need for proper estate planning. November 21 – 10:00 a.m. CST
Considering gifting equipment or other assets? This webinar will explore the various opportunities and limitations on gifting. A high-level of estate planning for gifting will also be explored.
AgriSolutions' Tax Accountant, Amanda Newgent, MBA, is hosting the series and will draw on her own experience with her family farm, background as a financial director for 11 years at local small business in Illinois, as well as her in-depth training and knowledge in agricultural tax law.
Can't attend live? You should still register! We'll be sending out a link to the recorded webinar to all registrants.
Also, keep in mind it's important to work with a tax professional who specializes in farming and can help you maximize your eligible tax deductions and credits to reduce your tax liability as much as possible! Contact the pros at AgriSolutions today!