2021 Wisconsin Agricultural Tax Issues Course Information

Topics

Join us as we address hot topics impacting agricultural clients as we look to the 2021 filing season. This material is different from the Agricultural chapter in the Annual text book used in our 2-day courses.

2021 topics are:

  • New Legislation, Rulings, and Cases Impacting Farm Returns
  • Farm Partnership Tax Planning and Reporting
  • Depreciating and Expensing Special Farm Assets
  • Healthcare Options and Considerations for Farm Businesses
  • Reporting Hedging Transactions 
  • Carbon Credit Overview  
  • Tax Planning for Higher-income Years
  • Tax Planning for a Sale of Farm Assets
  • Taxation of Livestock Sales
  • Net Operating Losses

Dates and Times

On-Line Course:  October 19, 8:30 am – 4:30 pm

In-Person Course:  October 25, 8:30 am – 4:30 pm
Stevens Point

Registration by Phone, Mail, or On-line

To register via mail, go to the Registration Information page.

To register by phone or receive a copy of the brochure, contact Wisconsin Annual Tax Courses directly at: (phone) 608-831-1040.

To register on-line, select REGISTER NOW and follow instructions from there.

We cannot guarantee on-site registration.

Fees

On-Line:  $175

In Person:  $200

Materials

Participants will receive the 2021 Agricultural Tax Issues book (200+ pages) authored by the Land Grant University Tax Education Foundation.

Instructors

Gregory Bouchard is the Director of the Cornell University 
income tax schools. He is also a senior business consultant for
Farm Credit East, ACA, where he is responsible for tax training
as well as consulting directly with clients regarding their estate
and business plans. Farm Credit is a major provider of tax
services, and Greg’s specialty is partnership taxation. He has been an instructor for the New York State Income Tax Schools for 20 years. Greg is an author and a reviewer of the National Income Tax Workbook.

 

Kristine Tidgren is the Director of the Center for Agricultural Law & Taxation (CALT), Iowa State University, Ames, IA
Kristine is also an attorney and the Dolezal Adjunct Assistant Professor in the Agricultural Education and Studies Department at ISU. Kristine enjoys researching and analyzing complex tax issues. She speaks to a number of groups throughout the year regarding current tax topics and is a regular instructor for Iowa’s Federal Income Tax Schools.

Credits

These credits have not been determined for 2021 yet but we expect them to be:

IRS Enrolled Agents: 8

IRS Other Tax Return Preparer: 8

Wisconsin Office of the Commissioner of Insurance: 8

Wisconsin Continuing Legal Education: 8

Certified Financial Planner:  8

 

For IRS Credit:

We will report your continuing education credit hours to the IRS if you have provided us with your PTIN (Preparer Tax Identification Number).  Your attention will be monitored by the conferencing software, GoToWebinar, and we will report credit hours based on that monitoring.

For Commissioner of Insurance Credit:

You must attend the entire course to receive credit.  The Commissioner of Insurance grants NO credit hours for partial attendance.  We report your attendance.  There is an additional Insurance Filing Fee of $10 collected with your registration, and we need to have your NPN# to file your credits.

For Wisconsin Continuing Legal Education Credit:

Attorneys are required to report their own attendance.

For Certified Financial Planner:

        If you have provided a CFP# and indicated that you want the credits reported, we will report your attendance.

For Wisconsin CPA Credit: 

CPAs are required to report their own attendance.

 

Tax Deduction for educational expense

Treasury Regulation §1.162-5 permits an income tax deduction for educational expenses undertaken to: (1) maintain or improve skills in one’s employment or other trade or business, or (2) meet express requirements of an employer or a law imposed as a condition for retention of employment, job status, or rate of compensation.

Registration Confirmation

You will receive 2 confirmation letters if you register on-line.  The first will be for your credit card transaction, and the second for adding you to our course roster.  The second confirmation letter will be sent to you by email  when we process your registration. If you do not receive the second confirmation letter after two weeks, contact us at 608 831-1040 to confirm your registration.  (NOTE: People registering through the mail by check will only receive the second confirmation letter.)

Cancellation Policy

Webinar registration fees are NON-REFUNDABLE because a workbook will be mailed at the time of registration. Requests to transfer a registration to another person or a different class will be accommodated for webinars and in-person sessions. These transfers must be completed one week prior to the scheduled session and are subject to the availability of alternative sessions. To cancel an in-person registration and receive a refund, you must contact our office at least 7 days before a schedule course. There are no refunds for cancellations less than 7 days before a course.