By Blake Jackson
A University of Missouri Extension workshop series will help farmers and ranchers stay informed about recent tax changes and best practices.
The workshops, offered at nine locations in December and virtually through Zoom, will cover a range of topics, including:
- Livestock tax issues
- Form 1099 requirements
- Sale and exchange of farm property
- Sunset of increased estate and gift tax exemptions
- Expiration of key income tax provisions
- Employee vs. independent contractor classification
- Livestock tax considerations during droughts
- Depreciating and expensing farm assets
University of Missouri Extension specialists Mary Sobba, Rachel Hopkins, Amie Breshears, Wesley Tucker, Denice Ferguson, Katie Neuner, and Jason Morris will lead the workshops.
This workshop series provides valuable information for farmers and ranchers to ensure accurate tax reporting and compliance with the latest regulations.
Sessions will be held 6:15-8:45 p.m. Tuesday, Dec. 12, in St. Robert, Montgomery City, Sedalia and Bolivar. Register for these sessions.
Sessions also will be offered 1-3:30 p.m. Wednesday, Dec. 13, in Maryville, Ste. Genevieve, Shelbyville, Warsaw and Fredericktown.
For more information, call Sobba at 573-581-3231.
Photo Credit: pexels-nataliya-vaitkevich
Categories: Missouri, Business