Income and Real Property Tax Primer – A Learning Circle for Women Non-Operating Land Owners of Agricultural Lands Brought to you by the Great Lakes Conservation Connect Partnership with generous support from the Great Lakes Protection Fund
For Many Of Us Taxes Can Be A Mystery…
Learn about how:
- Rental income affects your income tax and what expenses you can deduct to reduce the impact.
- Share rental income is treated differently than cash rent for income tax purposes.
- To take advantage of agricultural assessment to reduce real property taxes on rented lands.
- The farm operator, who rents your land, may be able to take advantage of NYS Farmers’ School Tax Credit on your land.
What to expect: Lots of conversation about the tax considerations landowners need to think about. Be sure to bring your tax questions with you to get answers from the pros.
Discussion Leaders: Sue Herman, CPA, with 23 years experience in agricultural taxes, and James Kirsch, Director of Real Property Services for Wyoming County. Please pre-register by July 18, 2019 and invite a friend or family member to join you! COST: $10 per person (includes lunch and educational materials) Register online at: https://reg.cce.cornell.edu/IncomeRealPropertyTax... Accommodations for person with disabilities may be requested by contacting the CCE of Wyoming County office at (585) 786-2251 ten days prior to the event. Requests received after this date will be met when possible.
The cost of the learning circle is $10.00 per person including lunch and educational materials. Register today, either on-line at: https://reg.cce.cornell.edu/IncomeRealPropertyTax... or contact Lisa by phone at 585-786-2251 x 123. Space is limited. Reserve your spot today.
This learning circle is part of the “Landowners and Farmers Working Together for Clean Water in the Great Lakes Project”, a collaboration between American Farmland Trust, Cornell Cooperative Extension Northwest New York Dairy Livestock and Field Crops Team, Wood County Soil and Water Conservation District, IPM Institute and Utah State University funded by the Great Lakes Protection Fund.
6985 State Route 19a
Portageville, NY 14536
Last updated July 2, 2019