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- Event – Reporting Sales & Purchases of Farm Assets
- Date – February 13, 2025
- Time – 1:00 – 2:30pm Eastern
- Presenter – Bob Rhea, University of Illinois Tax School
Source: United States Department of Agriculture
Join Bob Rhea from the University of Illinois Tax School for a discussion on how to properly report sales, trade-ins, and purchases of farm equipment and machinery on your tax return. Bob will provide an overview on identifying the information needed, tax forms to use, impact on tax liability, and tax management strategies to optimize after tax cash flow.