Farm 2008 Tax Seminar Topics

Agricultural Issues will include the following:

  • Conservation easements: qualifications for the farmer provision
  • Income tax treatment of paying back property taxes for land taken out of agriculture
  • Sale of carbon credits
  • Prepaid expenses
  • Land improvements purchased with CREP payments
  • Tax issues for farmland owners who rent their land
  • Fertilizer containment structures
  • Soil and water districts
  • Table of eligibility for I.R.C. § 179 for assets used in farming