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Farm taxation webinar offered to wheat growers

The Aberdeen Times of Aberdeen, Idaho

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The Idaho Wheat Commission will be presenting a web-based grower education seminar (webinar) on "Farm Taxation." The webinar will be approximately one hour. Participation is free.

This webinar will be Thursday, Jan. 23, at 7:30 a.m. The guest presenter is Jerry Brown, CPA. The title of the Webinar is: Farm taxation: current developments, opportunities, and challenges." Discussion will cover recent changes in AG taxation. Farm income recognition and expense issues and tax strategies for the farmer will be highlighted Log onto the website at http://connect.cals.uidaho. edu/wheat (requires Adobe Flash Player which is installed on most computers) and enter your name as a participant.

Topics will include the reduced Section 179 deduction, AG chemicals security credit (expired 12-31-13), a limited discussion of the Affordable Care Act, self employed health insurance and medical reimbursement opportunities, crop insurance deferral election, sale of farmland and easements, farmland rentals, CRP, charitable gifts of raised commodities, depreciation, as well as other topics.

Brown owns and operates a 3,600-acre dry land and irrigated farm where he raises winter and spring wheat, and barley. He has been farming for over 40 years, and holds a bachelor's degree in accounting, a Master of Accounting from Utah State University, and is a Certified Public Accountant.

Brown was appointed by Governor Otter to the Idaho Wheat Commission in 2009. He represents wheat producers of District Five, which includes Bannock, Bear Lake, Caribou, Franklin, Oneida, and Power counties.

For those who cannot view the webinar in real time, it will be recorded and available at:

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Original Publication Date: January 15, 2014

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