INDIANA – Filing taxes for an agricultural operation can be challenging, and many producers may not have the funds to hire accountants or tax professionals to assist.
Join USDA’s Farm Service Agency (FSA) for two free webinars:
Wednesday, February 22, 3:00 pm Eastern: Farm and Ranch Tax Strategies 2023.
There is a strategy to managing your taxes and now is the time to start planning. Join USDA and Bob Rhea, University of Illinois Tax School, to learn about tax management options for 2023.
Wednesday, March 22, 3:00 pm Eastern: Schedule F (Profit or Loss From Farming).
The Schedule F is used to report taxable income earned from farming, ranching, and agricultural activities. Join USDA and Guido van der Hoeven, President, Land Grant University Tax Education Foundation, Inc. (LGUTEF), for a line-by-line review of this tax form.