LIBERTY, NY — A farm tax workshop will be offered on Wednesday, February 4 from 3 to 5:30 p.m. by Cornell Cooperative Extension Sullivan County’s (CCESC) Agriculture program. It will be held at …
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LIBERTY, NY — A farm tax workshop will be offered on Wednesday, February 4 from 3 to 5:30 p.m. by Cornell Cooperative Extension Sullivan County’s (CCESC) Agriculture program. It will be held at the CCESC Gerald J. Skoda Extension Education Center on 64 Ferndale-Loomis Rd.
Agricultural businesses are subject to a variety of ag-specific tax laws, deductions, and special requirements. Jennifer Adduci from Farm Credit East and Gerald Skoda of Skoda Enterprises, Inc. will discuss farm taxation updates and credits, including business structures, such as sole proprietorship, partnerships, LLCs, corporations, schedule F, farmer tax exemption certificate, and form 4797. An outline of how one can get started and qualify for an agricultural assessment will be covered.
Cost is $15 per person or $10 for CCESC enrollees. Anyone can enroll in the CCESC association for an annual fee of $25 per household. Space is limited and pre-registration with non-refundable payment is required in advance. Call 845/292-6180 or email srb46@cornell.edu.
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