farm management

By: Peggy Kirk Hall, Tuesday, June 27th, 2023

We'd like to hear from farmers!  If you're a farmer, please consider completing our "Farm Legal Needs Survey."

What do we want to know? Our survey asks you to tell us a little bit about your farming operation and:

  • What legal issues you've encountered in your operation
  • Your most challenging legal issues
  • Farm management information needs
  • How and where you prefer to receive legal and farm management information

Why are we asking these questions?  While the Farm Office team is engaged in farm management and agricultural law everyday, we want to make sure we're not missing anything!   Hearing from farmers across Ohio will help us identify emerging issues, additional resources needed, and how to ensure our information is getting out to the farm community. 

How long will it take?  Only 5 or 10 minutes.

Is participation anonymous?  Yes.  We don't ask you to identify yourself or your operation.

Where is the survey?  Access the survey through this link or the QR code below.

Questions?  Please contact Peggy Hall at aglaw@osu.edu with any questions about the survey. 

Thank you for helping us help you with your legal and farm management needs!

 

 

Posted In:
Tags: legal needs survey, survey, legal issues, farm management
Comments: 0
By: Jeffrey K. Lewis, Esq., Wednesday, January 18th, 2023

The 2023 Farm Office Live Season kicks off this Friday, January 20, 2023, from 10:00 - 11:30 AM.  Our team of specialists and attorneys will be presenting on: 

  • Federal Program Updates
  • Upcoming Programming
  • Power of Attorney Documents
  • Legislative and Regulatory Documents
  • Crop Inputs and Budget for 2023
  • Timely Tax Issues

The monthly Farm Office Live webinar is always free, and registration is available at go.osu.edu/farmofficelive.  Register once and you'll receive notices of all of our 2023 webinars. The registration site also houses our archive of all Farm Office Live webinar recordings and materials.

Toy tractor with stacks of coins behind it.
By: Jeffrey K. Lewis, Esq., Monday, October 10th, 2022

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.

Posted In: Tax
Tags: farm management, taxes, Farm Tax, Income Tax, Agricultural Tax
Comments: 0
Farm Office Team on Zoom Webinar
By: Jeffrey K. Lewis, Esq., Wednesday, July 14th, 2021

"Farm Office Live" returns this summer as an opportunity for you to get the latest outlook and updates on ag law, farm management, ag economics, farm business analysis, and other related issues.  Targeted to farmers and agri-business stakeholders, our specialists digest the latest news and issues and present it in an easy-to-understand format.

The live broadcast is presented monthly.  In months where two shows are scheduled, one will be held in the morning and one in the evening.  Each session is recorded and posted on the OSU Extension Farm Office YouTube channel for later viewing.

Current Schedule:

July 23, 2021 10:00 - 11:30 am  December 17, 2021 10:00 - 11:30 am 
August 27, 2021 10:00 - 11:30 am  January 19, 2022 7:00 - 8:30 pm 
September 23, 2021 10:00 - 11:30 am  January 21, 2022 10:00 - 11:30 am 
October 13, 2021 7:00 - 8:30 pm  Februrary 16, 2022 7:00 - 8:30 pm 
October 15, 2021 10:00 - 11:30 am  February 18, 2022 10:00 - 11:30 am 
November 17, 2021 7:00 - 8:30 pm  March 16, 2022 7:00 - 8:30 pm 
November 19, 2021 10:00 - 11:30 am  March 18, 2022  10:00 - 11:30 am 
December 15, 2021 7:00 - 8:30 pm  April 20, 2022 7:00 - 8:30 pm 

Topics we will discuss in upcoming webinars include:

  • Coronavirus Food Assitance Program (CFAP) 
  • Legislative Proposals and Accompanying Tax Provisions
  • Outlook on Crop Input Costs and Profit Margins 
  • Outlook on Cropland Values and Cash Rents 
  • Tax Issues That May Impact Farm Businesses 
  • Legal Trends
  • Legislative Updates
  • Farm Business Management and Analysis
  • Farm Succession & Estate Planning
 

To register or to view a previous "Farm Office Live," please visit https://go.osu.edu/farmofficelive. You will receive a reminder with your personal link to join each month. 

The Farm Office is a one-stop shop for navigating the legal and economic challenges of agricultural production. For more information visit https://farmoffice.osu.edu or contact Julie Strawser at strawser.35@osu.edu or call 614.292.2433

The Farm Office is Open
By: Peggy Kirk Hall, Monday, April 06th, 2020

As you may know, Ohio State's campuses and offices are closed.  But we are all working away at home, and our virtual offices are still open for business.  Starting today, April 6th, the OSU Extension Farm Office Team will open our offices online and offer weekly live office hours from 8:00-9:30 pm EST.  We'll provide you with short updates on emerging topics and help answer your questions about the farm economy.   Each evening will start off with a quick 10-15-minute summary of select farm management topics from our experts and then we'll open it up for questions and answers from attendees on other topics of interest.  For tonight's office hours, we'll focus on the newly enacted CARES Act and how it affects agriculture.

Who's on the Farm Office Team?  Our team features OSU experts ready to help you run your farm office:

  • Peggy Kirk Hall -- agricultural law
  • Dianne Shoemaker -- farm business analysis and dairy production
  • Ben Brown -- agricultural economics
  • David Marrison -- farm management
  • Barry Ward  -- agricultural economics and tax

Each office session is limited to 500 people and if you miss our office hours, we'll post recordings on farmoffice.osu.edu the following day.  Register at  https://go.osu.edu/farmofficelive.  We look forward to seeing you there!

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