SEM | Farm 2023 | Learning Objectives & Materials

Learning Objectives: By attending this online seminar, you will be able to:

• Discuss how to claim excess fertility deductions on farmland.
• Identify steps for claiming the ERC and pass-through entity tax.
• Summarize the tax complexities of different participation levels.
• Strategically analyze SE tax, passive loss, and NIIT.
• Identify TCJA provisions that are expiring soon.
• Explain how personal property trades impact tax liability.
• Describe how to dissolve an S corporation.
• Recognize the importance and application of significant case law and rulings related to agricultural taxation.

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.