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Seeds for Success: Tax and Accounting for Rural Small Businesses
March 5 @ 7:00 pm - 8:30 pm
It’s the most wonderful time of the year: tax season. Even if you’ve owned other businesses, you may not be aware of the tax considerations of owning a rural business, such as:
- Income averaging
- Tax implications of trading in farm equipment
- Fuel tax credits
- Maintaining your status as a business, not a hobby
- Special treatment of property rental income
- Tax Law Revisions
- Resulting changes to tax records keeping and reporting.