One Last Chance for Tax Reform Education
I am in the Midwest doing our last series of tax reform education and this is just a reminder to let everyone know that the session I am doing in Fergus Falls, Minnesota this Wednesday is available as a Webinar if you can’t attend in person.
Here is a link to sign up for the session.
We continue to learn more about the Section 199A deduction but there are still several items that we really don’t know yet. As we learn more guidance on these items, we will keep you updated.
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.
There are many examples of different situations presented in the seminar, to illustrate the effects of the 20% deduction for farmers. It’s not as simple as looking at the Schedule F and multiplying by 20%. Paul runs through many scenarios.