Farm Tax Planning Strategies 2022
November 10, 2022 at 11:00 am - 12:00 pm CST
FBFM staff offer insight for key tax topics to produce meaningful year end planning results. Strategies to manage tax liability using depreciation, prepaying expenses, retirement plans, installment contracts, and tax brackets will be discussed. Income tax liabilities are often a significant reduction to net worth; planning before year end helps guide to better results. Looking ahead to 2023 and beyond will also be important. We’ll also describe a few items that can be done after year end in case surprises arise.