Demolishing Farm Buildings and Structures – Any Tax Benefit?
Demolishing Farm Buildings and Structures – Any Tax Benefit? The acquisition of a farm or changes in the farming business may lead to the need demolish existing buildings and structures. …
Farm Tax Strategies and Issues Post-TCJA
From prevented planting and the market facilitation program to charitable contributions of grain and livestock, there are a wide variety of unique issues that face farmers. Tax practitioners with farm clients need to keep up-to-date with these and many other farm tax strategies to ensure they’re providing the best possible service to those clients. The below video is one in a series about the items mentioned above, and each video gives 30-90 second snippet of what to consider on these important farm tax-specific topics.
If you’d like to watch the rest of the videos in the series, please visit our YouTube channel.
What’s the biggest issues you’re seeing with your farm tax clients this year?
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University of Illinois Tax School is not responsible for any errors or omissions, or for the results obtained from the use of this information. All information in this site is provided “as is”, with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this information. This blog and the information contained herein does not constitute tax client advice.
