Tax Management Program Being Offered

A tax management program will be offered through NDSU Extension to farmers and tax preparers on December 1 via Zoom.
“This program provides an excellent opportunity for agricultural producers and tax preparers to learn and ask questions about tax management alternatives while there is still time to implement year-end tax management decisions,” says Ron Haugen, North Dakota State University Extension farm management specialist.
Experts will provide federal income tax updates and tax management alternatives. Program topics include:
  •  Federal income tax update
  • IRS update
  • Identity theft and breaches
  • Tax management upon retirement
  • Net operating losses, like kind exchanges
  • Drought forced livestock sales
  • Deferred crop sales
  • Qualified business deduction (199A)