Agricultural Tax

Barry Ward & Jeff Lewis, Income Tax Schools at The Ohio State University
Are you a farmer or farmland owner wanting to learn more about recent tax law changes which were a part of the One Big Beautiful Bill Act? If so, join us for a live webinar on Friday, November 14, 2025, from 10:00 a.m. to noon, as part of our Farm Office Live Series.
To register visit: https://go.osu.edu/register4fol
This webinar will focus on issues related to farmer and farmland owner income tax returns as well as the latest news on CAUV and property taxes in Ohio. This two-hour program will be presented in a live webinar format via Zoom by OSU Extension Educators Barry Ward, David Marrison, Jeff Lewis, and Robert Moore. Anyone who operates a farm, owns farmland, or rents agricultural property will benefit from this timely update.
Topics to be discussed include:
- Tax Provisions of the One Big Beautiful Bill Act:
- Changes to Section 179 Expensing and Bonus Depreciation
- Changes to 1099 Thresholds
- Changes to Estate Tax Exemption
- And many more….
- Tax Planning in Low Income Years
- Residual Fertility / Excess Fertility Deduction
- Research & Development Tax Credit
- Sale of Inherited Farm Assets
- Valuation of Unharvested Crops
- Special Use Valuation
- Income Tax Issues for 4-H & FFA Projects
- Ohio Tax Update (CAUV/Property Tax Update, Income Tax Changes)
Registration: https://go.osu.edu/register4fol
For more information, contact Barry Ward at ward.8@osu.edu or Jeff Lewis at lewis.1459@osu.edu
Tags: One Big Beautiful Bill, tax law, Tax Update, Ag Tax, Agricultural Tax, Farm Tax, Farmland Owner, Farmer, Income Tax
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From: Barry Ward & Jeff Lewis, OSU Income Tax Schools
Are you a farmer or farmland owner wanting to learn more about the recent income tax law changes and proposals? If so, join us for this webinar on Thursday, November 17th, 2022, from 6:30 - 8:30 p.m.
Register for just $40. If you can't attend, you will be sent a link to view the recorded webinar later at your convenience. You have unlimited views of the replay, and it will be available throughout the 2022 tax filing season. Details and registration link can be found at: https://farmoffice.osu.edu/tax/farmer-and-farmland-owner-income-tax-webinar
This webinar will focus on issues related to farmer and farmland owner tax returns. This two-hour program will be presented in a live webinar format via Zoom by OSU Extension Educators Barry Ward, David Marrison and Jeff Lewis along with Purdue faculty member Dr. Michael Langemeier. Individuals who operate farms, own property, or are involved with renting farmland are encouraged to participate.
Topics to be discussed during the webinar include (subject to change based on tax law change):
- Farm Economy and Income in ‘22 and Outlook for ’23
- Deferring Taxes (deferring income, prepaying expenses), Retirement Plan Contributions, Accelerating Depreciation, Bunching Itemized Deductions, Self-employment Tax Planning, and Maximizing Permanent Tax Benefits
- Depreciation, Bonus Depreciation, Section 179, What is “Placed in Service”?
- Income Averaging
- Employee Retention Credits
- Inflation Reduction Act (IRA)
- State Tax Updates – Ohio and Indiana
To register: https://farmoffice.osu.edu/tax/farmer-and-farmland-owner-income-tax-webinar
For more information, contact Barry Ward at ward.8@osu.edu or Jeff Lewis at lewis.1459@osu.edu or call the OSU Extension Farm Office at 614-292-2433.