OSU Extension's Larry Gearhardt will present at the 2014 Southwest Ohio Small Farm Conference on Saturday March 8, 2014. His session, "Tax Time Techniques for the Beginning Farmer," will start out by discussing the definition of "farmer" in the tax code and the advantages of being a farmer as opposed to a hobby. In addition, tax benefits and advantages of being classified as a farmer will be covered. Other items discussed will include: income and deductions availbale for farmers, depreciation of equipment, self-employment tax and where to report the information on their tax forms.
The conference will be held March 7 & 8 2014 in Wilmington, Ohio. For more information and to register, please click here.