|OSU to focus webinar, workshop on issues specific to farm tax returns|
|Thursday, October 10, 2013 12:23 AM|
BY JAMES J. HOORMAN
Ohio State University’s College of Food, Agricultural and Environmental Sciences will host a day-long tax webinar and workshop Dec. 19 for those who want to learn more about federal tax law changes and updates they may encounter when filing 2013 farmer tax returns.
The six-hour program will focus on special issues specific to farm tax returns related to agriculture and natural resources and is open to tax preparers as well as individuals who file their own farm taxes, said Larry Gearhardt, director of the Ohio State University Income Tax School Program of Ohio State University Extension. OSU Extension is the statewide outreach arm of the college.
The live webinar, which will also feature a real-time Q&A, can be viewed at several host locations statewide and will include lunch. New this year is the option to view the webinar from home for those who aren’t able to attend a host location, he said.
For those who choose not to attend the host location, a web address of the webinar will be sent to those who have registered a week in advance of the Dec. 19 presentation. Registrations made after Dec. 5 may not receive the tax manual in time for the workshop for those who plan to view it in an off-site location. Putnam County is the site for one Tax School Webinar at the OSU Extension Office, 1206 E. Second St., Ottawa on Dec. 19.
Tax preparers wanting to learn about federal tax law changes and updates for this year as well as learn more about issues they may encounter when filing individual and small business 2013 tax returns can take advantage of a series of two-day income tax schools offered by Ohio State University.
Intermediate OSU Income Tax Schools will focus on interpreting tax regulations and recent changes in tax laws to help tax preparers, accountants, financial planners and attorneys advise their clients.
“The schools are an intermediate level course and will also include information on Ohio income taxes,” Larry Gearhardt says. Participants in the tax schools will receive the 2013 National Income Tax Workbook prepared by the Land Grant University Tax Education Foundation especially for the income tax schools held in Ohio and 30 other states. The tax schools will offer continuing education credit, including 100 minutes of ethics, for accountants, enrolled agents, attorneys and certified financial planners, Gearhardt said.
Topics include: 1) New Legislation, 2) Affordable Care Act, 3) Rulings and Cases, 4) Individual Taxpayer Issues, 5) Business Issues, 6) Agricultural and Natural Resources Issues, 7) IRS Issues, 8)Tax Practice, 9) Education Provisions, 10) Construction Industry, 11) Schedule E (Form 1040) Issues, 12) Itemized Deductions, 13)Natural Resources, 14) Tax Issues in Divorce, and 15) Tax Rates and Useful Tables.
The preregistration fee for each workshop is $325 with late registration $350. The fee includes all materials, lunches and refreshments. The first day program begins at 8 a.m. and adjourns at 5:25 p.m.; the second day resumes at 8:30 a.m. and concludes at 5:25 p.m. The deadline to enroll in the tax schools is 10 business days prior to the date of each school, Gearhardt said.
Tax school dates and locations are as follows: 1) Columbus – Nov. 12-13, Bridgewater Banquet and Conference Center, 10561 Sawmill Parkway, Powell; 2) Fremont – Nov. 14-15, Ole Zim’s Wagonshed, 1375 State Route 590, Gibsonburg; 3) Dayton – Nov. 20-21, Presidential Banquet Center, 4548 Presidential Way, Kettering; and 4) Lima – Nov. 25-26, Old Barn Out Back, 3175 W. Elm Street, Lima.