Tax Toolshed
This resource folder is an educational toolkit designed to help farmers, ranchers, and fishers prepare for tax season. Recognizing the specialized nature of agricultural businesses, this resource equips producers with the tools and knowledge needed to confidently approach their tax preparer and effectively answer questions about their unique operations.
The materials include:
- Recorded Presentations: Covering key topics on small farm income tax and asset protection.
- PowerPoint Slides (PDF): Accompanied by scripts with additional discussion points, engagement strategies, and resources.
- Diagnostic Tools: Helping users determine which lessons and modules are most relevant to their needs.
- Supplemental Decision Tree: Supporting informed decision-making for Lesson 1 topics.
- Best Practices Guide: Tips for working with tax service providers.
- Tax Organizer: A customizable tool to help producers organize their financial and operational information for their tax preparer.
By using this toolkit, farmers, ranchers, and fishers can ensure they are well-prepared, knowledgeable, and able to navigate the complexities of tax filing specific to their industries.
Resources
Acknowledgement:
This material is based upon work supported by the U.S. Department of Agriculture, under agreement number FSA22CPT0012189. Any opinions, findings, conclusions, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the views of the U.S. Department of Agriculture. In addition, any reference to specific brands or types of products or services does not constitute or imply an endorsement by the U.S. Department of Agriculture for those products or services. These materials were developed in English by the University of Arkansas School of Law LL.M. Program in Agricultural and Food Law as part of the Agricultural Financial, Tax and Asset Protection (AgFTAP) partnership with the University of Arkansas Southern Risk Management Education Center and others.