Managing taxable income will be important for agricultural producers this year as lower farm incomes are expected.
To provide farmers and ranchers in the Southern Great Plains with the latest information in preparation for tax season, The Samuel Roberts Noble Foundation offers a free seminar, “Managing Taxes for Agricultural Producers.”
The seminar will take place from 1:30-4:30 p.m., Dec. 2, in Southern Oklahoma Technology Center, located at 2610 Sam Noble Parkway.
During the event, Noble Foundation agricultural economists and Doug Dean, CPA, will provide information on:
n Tips and advice on importance of tax planning
n Treatment during low returns
n Reduced general farm receipts
n Tax changes
n End-of-year planning strategies
“Time spent learning about the various aspects of your tax bill is always time well spent,” said Dan Childs, agricultural economist. “This workshop will help provide producers with the knowledge to help them successfully navigate some of the finer details of the tax process.”
While the event is offered at no charge, preregistration is required. To register, visit www.noble.org/agevents or contact Danielle Pacifico at (580) 224-6376.