USDA's Risk Management Agency (RMA) announces the availability
of a newly created website titled: Rural Tax Education (ruraltax.org) providing farmers
and ranchers a resource for agricultural related income and
self-employment tax information that is both up-to-date and easy to
understand.
"Farmers and ranchers wanting up-to-date tax information will
want to put the Rural Tax Education website in their list of
browser favorites," said Dave Paul, Director of RMA's Spokane
Regional Office serving Alaska, Idaho, Oregon and Washington
states.
The RMA funded project was a collaborative effort of 15 land
grant universities across the nation and hosted by Utah State
University. The home page offers a hot topic and announced upcoming
informational webinars. There is no charge for the webinars and
written material will also be available before the online training.
The website recently added "Tax Guide for Owners and Operators of
Small and Medium Size Farms" and offers several fact sheets and
samples, including Tax Topics; Depreciation and Expensing; Farm,
Farming and Who's a Farmer for Tax Purposes; Sample Tax Return; and
Small Farm Tax Guide.