Farm & Ranch Conference
8.00 Credits
Member Price $350.00
Price will increase by $50 after 7/16
Non-Member Price $400.00
Price will increase by $50 after 7/16
Overview
The agriculture industry's unique tax rules are closely linked to specialized income and tax deduction opportunities. Learn more about these, where you'll hear from farm tax expert Paul Neiffer. Discover how to apply key tax planning concepts unique to agribusiness and gain guidance on how to maximize tax benefits for your farm clients.
NOTE: This is the LIVE option. A VIRTUAL option also available under the 'MTCPA Webcasts' tab in the main CPE menu.
All materials will be electronic only - available in your portal account - up to 5 days before the event.
HOTEL
If you need lodging for the Conference, please contact the Hilton Garden Inn Great Falls at 406-452-1000 and reference MTCPA Fram & Ranch Conference or use this link: https://group.hiltongardeninn.com/erhdce
Highlights
Explore specialized tax rules and planning strategies for the agriculture industry with farm tax expert Paul Neiffer. Gain insights into maximizing tax benefits and applying agribusiness-specific concepts for your farm clients.
Designed For
CPAs and tax professionals with farm or ranch clients
Objectives
After attending this presentation you will be able to . . .
*Apply key tax planning concepts to farm and ranch taxation*Excess fertility deduction – It might be more than the excess
*Understand how the Soroban Capital Tax Court Case might affect SE taxation of LLCs
*Recall tax updates from court cases, revenue rulings and other authorities applicable to agriculture
*How to use a split-interest arrangement to reduce C corporation accumulated earnings
*Learn what SECURE 2.0 changes will occur in 2024 and how farmers might save on taxes
*Update on new Farm Bill (if passed by time of course) and how it affects your farmers
*Review of final GREET update from IRS for Section 45Z tax credits
*A refresher on the Corporate Transparency Act
*Is a voluntary ERC payback applicable for your farm client
*Planning for life after bonus depreciation
*Estate and gift tax planning and review for farmers facing the 2026 estate tax cliff
*Using a charitable remainder trust or cash balance plan for retiring farmers
Leader(s):
Leader Bios
Paul Neiffer, CliftonLarsonAllen LLP
Paul Neiffer is an agribusiness CPA and business advisor specializing in income taxation, accounting services, and FSA planning for farmers and processors. He works with clients on tax advice, compliance services, and succession planning. Paul helps farmers maximize profitability through proper accounting systems and FSA opportunities.
Paul obtained his CPA certificate in 1984 and graduated from the University of Washington with a Business Administration degree in 1983. He is president of the Farm Financial Standards Council, promoting accrual basis financial statements for agricultural producers. Paul writes a monthly column for Top Producer magazine and authors the FarmCPAToday.com blog. He is a nationally recognized speaker on tax planning, estate tax, succession planning, farm management accounting, and farm bill topics. Paul grew up on a farm in Walla Walla County, Washington, and still enjoys operating the combine each summer.
Non-Member Price $400.00
Member Price $350.00