Farm Tax Planning in Practice: Applying Today's Rules to Tomorrow's Decisions

Tues., Sept. 29
8:30 AM – 5:00 PM Central

Agricultural taxation continues to evolve, making it more important than ever for tax practitioners to understand not only the latest developments but also their practical implications for client planning. This in-depth online seminar bridges the gap between complex tax law and real-world application, helping you translate current rules, recent developments, and emerging issues into informed planning strategies for your farm and agricultural clients.

This online seminar begins with a deep dive into the legal and technical framework behind some of today’s most significant farm tax issues, such as FSA program changes, OBBBA impacts, conservation easements, and federal estate tax for farms. In the afternoon, the focus shifts from concepts to implementation as you’ll work through practical tax planning approaches, explore planning considerations using real-world scenarios and worksheets, and discuss strategies that support both year-end decisions and multi-year planning. You’ll leave with a stronger understanding of not just what the rules are, but how to apply them to help farm clients make better decisions.

Earn up to 8.0 CPE credits at this live, online seminar.

Register Here

Seminar Instructors

We are pleased to welcome back Bob Rhea, a longtime Tax School instructor and seasoned farm tax professional. He will be joined by Roger McEowen, Professor of Agricultural Law and Taxation at Washburn University School of Law in Topeka, Kansas.

Learning Objectives & Materials

Learning Objectives: After participating in this seminar, you will be able to:

  • Evaluate how new FSA program rules may require tax return data review
  • Identify the planning considerations associated with conservation easements.
  • Analyze federal estate and gift tax planning strategies for farm clients.
  • Determine the federal tax treatment of qualifying land sales under IRC §1062.
  • Apply the requirements governing like-kind exchanges involving farm real estate to common client scenarios.
  • Implement strategies that can benefit farm clients from OBBBA legislation.
  • Develop practical year-end tax planning strategies for farm clients.

Materials: All attendees of this online seminar will receive accompanying written materials, including presentation slides, digitally in their Tax School account. The seminar will be recorded and will be available in your online Tax School account for playback within two weeks of the seminar.

Delivery Method: Group Internet-Based

Field of Study: Taxes (NASBA), Federal Tax (IRS)

Prerequisite(s): Experience as a tax professional preparing farm tax returns and an understanding of tax rules and regulations associated with preparing farm tax returns.

Online Seminar Testing & Help

Before the seminar, test your system to ensure a smooth online experience. Our Help page provides step-by-step instructions, a system check tool, and a short video tour of the platform.