Agricultural Issues & Rural Investments Webinar
Tue., Dec. 8, 2026 / 2-4 PM (Central) or
Wed., Dec. 9, 2026 / 10 AM-12 PM (Central)
This two-hour webinar examines agricultural tax and regulatory developments, including USDA entity payment limitation rules and tax incentives for qualified rural opportunity zones. The webinar then explores when farm income averaging may benefit clients and walks through the mechanics of Schedule J. Additionally, it highlights tax considerations for retiring farmers, including depreciation recapture, farm asset sales, and retirement income.
The webinar also provides updates on proposed clean fuel production credit regulations, partnership basis planning, raised cattle dispositions, farm equipment gifts, and selected agricultural rulings and cases.
This webinar delivers timely information and important updates for tax practitioners with farm clients and offers an excellent opportunity to prepare yourself for yearend planning and the filing season ahead.
2 CPE credits
Fall Tax School attendees receive FREE access to this webinar. A coupon and registration instructions will be emailed in early December.
Webinar Instructor: Bob Rhea
Bob Rhea, EA, has been associated with the Tax School since 2005 as an instructor and reviewer for the University of Illinois Federal Tax Workbook. Since 1984, he has assisted farm clients with accounting, tax, and consulting services in west-central Illinois through the University of Illinois FBFM program. He served as CEO of FBFM from 2019-2024 and is now an Advisor. Bob completed 18 years as the national executive director for his professional organization, NAFBAS. He serves as chairman of the board for John Wood Community College, was named to the JWCC Hall of Fame 2024 class, and is a board member for United Community Bank. Bob received his bachelor’s degree from Western Illinois University and Master’s degree from the University of Illinois. Bob resides in Camp Point; family includes his wife, Debbie, 3 children Tracy, Casey, Ashley, their spouses and 7 grandsons.