Farmers: Prepare for tax season!

Farmers! Do you have a plan to get your 2016 records in order and file your 2016 taxes? 

There is still time, and still time to make choices to minimize your 2016 taxes.

Join SAGE (Sustainable Agriculture Education) and UC Cooperative Extension in two farm taxation workshops this December. These sessions will cover basic farm taxation and basic taxation for self-employed business owners

Have you created value-added products or held educational or marketing events on your farm?

Did you know these activities are not farming or ranching activities for tax purposes?

Did you know that livestock producers may use special and advantageous accounting methods to report income or loss from operations? 

Your accountant may not know either!

We will make sure you have the resources to ensure your tax preparer accounts for your value-added or non-farm land use activities in the way that makes the most sense for your tax situation.

The 3-hour workshop is for farmers and livestock producers who have questions about how to file their income taxes. We will walk through the federal income tax filing requirements for farmers and ranchers and answer your questions about how filing tax returns for your business, how your business income or loss affects your personal tax liability, and how to make a plan to go back and catch up on any 2016 recordkeeping for deductions you may have missed such as per diem expenses and business-related meals and mileage. You will receive a workbook to help you organize all of your 2016 tax information.

SAN MARTIN, CA
Thursday, December 8, 2016 // 1 pm – 4 pm

Santa Clara County Department of Agriculture

80 W Highland Avenue, Bldg. K

 San Martin, CA 95046

SAN JOSE, CA
Monday, December 12, 2016 // 1 pm – 4 pm

Santa Clara County Department of Agriculture

1553 Berger Drive, Bldg. 2 Auditorium,

San Jose, CA 95112

For more information please contact Poppy Davis at poppy@sagecenter.org or 510.526.1793 x6 or Rob Bennaton at rbennaton@ucanr.edu or 510.670.5621