Tax Institute

2017 Agriculture Taxation Symposium

In partnership with The 63rd Federal and State Income Tax Institute
College of Business – University of Nebraska – Lincoln

Zooming in on tax issues that affect farmers, the Agriculture Taxation Symposium is ideal for income tax professionals who work with farmers, as well as agricultural lenders and farm management instructors. Participants of the course will receive the 2017 Agricultural Tax Issues book by Philip. E. Harris, Professor Emeritus at University of Wisconsin-Madison/Extension.

Thursday, September 18, 2017 | Holiday Inn - Kearney Convention Center - 110 S 2nd Ave, Kearney, NE 68847, Phone: (308) 237-5971

The Agriculture Taxation Symposium will provide you with a comprehensive overview of important federal and state income tax legislation enacted during the preceding 12 months which has an impact on the present and future farm and ranch success.

Who should attend?

The intended audience is Agricultural income tax professionals that work with farmers and ranchers. Additionally, this course will benefit agricultural professionals such as agricultural lenders, farm and ranch managers, real-estate brokers, investment advisors and others who need to know current and culture agriculture management and income tax laws.

Registration Information

Early Bird Registration (until and including) – September 8, 2017 - $207.00

General Registration – After September 8, 2017 - $227.00

Included in the registration fee are the following:

• Continental Breakfast
• Morning and Afternoon Breaks
• Networking Lunch
• Continuing Education Units
• The 2017 edition of Agricultural Tax Issues book by Philip E. Harris, Professor of Emeritus at University of Wisconsin-Madison.

Registration Options

You may register via any of the following options:

Phone: call Virginia at 402-472-9334

Email: virginia@unl.edu

Mail: Print and complete downloadable PDF and mail to – Agr Tax / ATTN: Virginia Uzendoski / 740 N 14th street / Rm 201H / Lincoln, NE 68508-0467

The Tax Institute provides CPAs, enrolled agents, attorneys, certified financial planners, public accountants, tax preparers, paralegals, bookkeepers, and banking, insurance and real-estate professionals with training to remain current on tax rules and regulations while earning continuing education credits. The institute is accredited as IRS Continuing Education Provider (#NQ6J1)

With your paid registration for the Agriculture Taxation Symposium, you will receive 5% off your 63rd Nebraska Federal l and State Tax Institute registration.

Tentative Topics

The Agriculture Taxation Symposium will bring awareness to the tax professional of opportunities and downfalls affecting taxpayers in the rural and urban agriculture.

Legislative update

Miscellaneous Agriculture Tax Issues

Income issues
• Reporting farm income
• Allocation of farm vs. business expenses such as taxes, interest, insurance, and utilities

Deduction issues
• Prepaid farm expenses and deposits
• Promissory note to supplier
• Lease vs. purchase issues
• Improvements installed by lessee

Farm employees

Self-employment tax and social security benefits

Miscellaneous farm issues
• Buying and selling farmland
• Net operating losses
• Rental Property
• Disposition of converted wetlands
• Demolition of structures

Entity issues

Form 4797

Form 1099

Getting equity out of an LLC that owns inherited farmland

Like-kind exchanges

Rulings and cases that impact farmers’ tax returns

Instructors

Tina Barrett, EA, Executive Director of Nebraska Farm Business Inc. Program Manager, Agricultural Economics, University of Nebraska–Lincoln
Rob Holcomb, EA, Extension Educator in Agricultural Business Management, University of Minnesota Extension
Elaine Wagner, EA, Master Tax Advisor - H&R Block

Continuing Education Units

The Agriculture Taxation Symposium will provide 6 to 8 hours of CEU/MLC, depending on the licensing organizations determination.

We will post the updates.

seal of IRS identifying 'Approved Continuing Education Provider

Accredited as IRS Continuing Education Provider (#NQ6J1)

The Tax Institute provides CPAs, enrolled agents, attorneys, certified financial planners, public accountants, tax preparers, paralegals, bookkeepers and banking, insurance and real-estate professionals with training to remain current on tax rules and regulations while earning continuing education credits. The institute is accredited as IRS Continuing Education Provider (#NQ6J1)

Nebraska Board of Public Accountancy
Nebraska Continuing Legal Education
Nebraska Department of Insurance

RECORD OF ATTENDANCE: All courses are prepared to fulfill the continuing education requirements for Certified Public Accountants, Enrolled Agents, Attorneys and Insurance Agents . Written proof of attendance will be provided each day of the seminar. To obtain the credit you must check in each morning and hand in an evaluation sheet prior to leaving at the end of the day. If you have provided your PTIN , your attendance will be reported to the IRS Continuing Education Processing Center.

CERTIFICATES OF ATTENDANCE: These will be available at the conclusion of the workshop.

SPECIAL ACCOMMODATIONS: The Tax Institute of the University of Nebraska-Lincoln offers its programs to disabled persons on a nondiscriminatory basis. Disabled persons with special needs who are planning to attend our programs are requested to contact our office two weeks prior to the workshop so these needs can be addressed.

TAX DEDUCTION: An income tax deduction may be allowed for expenses of education (including a portion of travel, meals, and lodging) directly related to maintaining and improving professional skills required in employment.

If you wish to share the registration with others, the web site is http://go.unl.edu/agsymp.

For more information, contact Virginia at 402-472-9334 or virginia@unl.edu.


63rd Annual Federal and State Income Tax Institute

The Tax Institute is designed to provide up-to-date training on current tax laws and regulations. The two-day program is held in eight convenient locations throughout Nebraska. The program, which is revised and updated annually, provides an in-depth review of a number of tax areas and coverage of newly enacted laws, regulations, and procedures. Practical information for filing individual and small business tax returns is stressed. At each location, two hours of ethics is offered.

Nebraska Tax Form

We provide continuing professional education credits for the following:
• IRS provider number #NQ6J1 for enrolled agents, PTINs, AFSP
• Nebraska State Board of Public Accountancy approved provider
• CFP® Board approved provider
• Nebraska Department of Insurance approved provider
• Nebraska Supreme Court MCLE Commission for mandatory continuing legal education credits for lawyers approved provider
• Nebraska Real Estate Commission approved provider
• University of Nebraska–Lincoln

City Dates Location
Scottsbluff November 6-7 Hampton Inn Scottsbluff Conference Center, 301 West Highway 26
North Platte November 9-10 Holiday Inn Express, 300 Holiday Frontage Rd.
Kearney November 13-14 Holiday Inn Convention Center, 110 Second Ave.
Grand Island November 16-17 Fonner Park Bosselmans Conference Center, 700 E. Stolley Park Rd.
Norfolk November 20-21 Divots Conference Center, 4200 W. Norfolk Ave.
Omaha/Bellevue December 4-5 Beardmore Event Center, 3730 Raynor Parkway
Lincoln December 11-12 The Graduate, 141 N. 9th Street

seal of IRS identifying 'Approved Continuing Education Provider

The University of Nebraska Annual Tax Institute is accredited as IRS Continuing Education Provider (#NQ6J1)

The Tax Institute provides CPAs, enrolled agents, attorneys, certified financial planners, public accountants, tax preparers, paralegals, bookkeepers and banking, insurance and real-estate professionals with training to remain current on tax rules and regulations while earning continuing education credits, including two hours of ethics credit. The institute is accredited as IRS Continuing Education Provider (#NQ6J1)

Contact

Uzendoski, Virginia
Senior Assistant Director of Programs and Operations
CoB 201 F
P.O. Box 880405
Lincoln, NE 68588-0405
Mailing Address
University of Nebraska–Lincoln
Dean's Office
P.O. Box 880405
Lincoln, NE 68588-0405
Shipping Address
University of Nebraska–Lincoln
Dean's Office
CoB 301
Lincoln, NE 68588-0405