Farm Tax Update Part 2: Ag Subsidies, Disaster Relief Payments, Disaster Loss Election and Other Ag Tax Topics (Webinar) (FTU2-WEB)

4.00 CPE Credit Hours

This is a tough time for farmers, and luckily, some relief is available to help them. Learn about current Farm Service Agency (FSA) programs available for farmers. Explore the additional programs brought about by the Coronavirus Aid, Relief and Economic Security (CARES) Act and find out how entity selection affects program payments. Learn about disaster relief payments, disaster loss elections and other tax changes affecting the agricultural industry.

Designed For

CPAs and tax professionals with farm or ranch clients

Objective

• Review of the current FSA programs that farmers qualify for
• Understand how the CARES Act has provided additional farm programs
• Recognize how the entity selection process affects FSA payments
• Identify provisions of court cases, rulings and other authorities significant to agriculture
  
  

Highlights

• U.S. farm program eligibility and payment limits planning
• Resources available through the FSA and CARES Act
• Disaster relief payments and disaster loss election
• Other tax changes, court cases and rulings affecting ag producers and processors
  
  

Prerequisites

None

Advanced Preparation

None

Developer
CliftonLarsonAllen

Presenters
Chris Hesse,
Paul Neiffer,

Level of Knowledge
Update