A Recording of the FSA AGI Webinar
First, I apologize for messing up the date on the last blog post for the webinar we did yesterday for the North Dakota Society of CPAs. Also, our service that sends out the post usually does it early the next morning after we do a post. However, lately, it sometimes takes an extra day which the case for this post.
The good news is that there is a recording of the webinar avialable. It does not qualify for CPE but gives you the full recording.
You can access the link to sign up here.
We continue to try to help FSA update their rules on equipment gains and farm NOLs and will keep you posted.
Paul Neiffer is a certified public accountant and business advisor specializing in income taxation, accounting services, and succession planning for farmers and agribusiness processors. Paul is a principal with CliftonLarsonAllen in Walla Walla, Washington, as well as a regular speaker at national conferences and contributor at agweb.com. Raised on a farm in central Washington, he has been immersed in the ag industry his entire life, including the last 30 years professionally. Paul and his wife purchase an 180 acre ranch in 2016 and enjoy keeping it full of animals.
Regarding the 520s, the farmer has one for 2020 and 2021. Together the amount is over 125,000 and pushing 250,000. Is the limit based by year or just the year they get the funds?