Jeffrey Bruce, EA, will cover intermediate topics in farm taxation, including farm taxation methods, like income averaging; farm depreciation methods; farm government payments and their taxability; and other farm-related taxation issues (e.g., impact on Social Security benefits and fuel tax credits and refunds). Jeff is an expert on farm taxation, with decades of practical experience with farms of many different types and will address questions posed during the session.
Learning Objectives:
- To understand the unique Federal taxation rules for farmers, such as exceptions for paying estimated tax, income averaging, and prepaid expenses
- To understand general and special rules for depreciation of farm property
- To discuss the benefits and taxability of government farm subsidies
- To understand the farm optional method to increase Social Security payments
- To understand fuel tax credits and refunds
Participants earn up to 1.0 CE/CPE credits.
Field of Study: Federal Tax Law Topics / Taxes
Pre-Requisites: Basic knowledge of Schedule F
Who Should Attend: CPAs, EAs, and other Tax Professionals
Advanced Preparation: None
Program Level: Intermediate
Delivery Method: Group Internet Based
IRS Program Number: QSRNU-T-00670-24-O
Registration Fees
Individual Webinar
Members: $25 / Non-Members: $45*
Bundle Discount for All 6 Webinars
$100 for members / $200 for non-members
*Join VASEA for $90 and enjoy member rates at events all year long.
Member Discount Eligibility
Member pricing applies to NAEA and VASEA Members, Associates, and current VASEA Annual CE Pass holders, and their staff. Staff are only eligible for VASEA member rates if registration is paid for by a VASEA Member, Associate or current CE passholder.
Group discounts at education functions are given to multiple attendees from a single firm when there is one payment for all registrations: 3‐5 attendees = 5% each; 6‐10 = 10%; 11 or more = 15%.
Phone or Email Registration Options
There is a $25 additional fee for registrations taken over the phone or via email.
Refund Policy
Refunds will be honored if written notification is received at the Administrative Office fourteen days prior to event. A processing fee of $25 will be deducted from the refund. Cancellations within 14 days of the event will not be accepted. Substitutions are always allowed for in-person registration. Substitutions are only allowed for webinar registrations if received 48-hours prior to the start of the webinar. “No Shows” forfeit their fees.
Cancellation
VASEA reserves the right to cancel any program or course for circumstances that are not under direct control of VASEA. If a course or program is cancelled, registrants will be notified via email at the address listed on their registration form.
Complaint Resolution Policy
For more information regarding refund, cancellation and complaint policies, please contact VASEA at admin@vasea.org
Questions
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