2001 Income Tax Conference - Ten Virginia Locations
Farm Business Management Update, August 2001
By L. Leon Geyer
The Virginia Tech Income Tax Conferences are scheduled at ten Virginia locations this year. The conferences will occur in November and December 2001. They feature an intensive study of tax law and regulations governing individual, farm, and small business taxes. They are designed for people with income tax experience who assist taxpayers in preparing and filing income tax returns. Preparation of both federal and state taxes will be covered. The table that follows gives the schedule for general sessions and special sessions on farm and forestry taxation.
This is the forty-first year that Virginia Cooperative Extension, Virginia Tech's Department of Agricultural and Applied Economics, the Virginia Department of Taxation, and the US Internal Revenue Service (IRS) have cooperated in bringing this program to the people who assist taxpayers in preparing and filing federal and state income tax returns. This conference is Virginia's largest workshop for tax practitioners.
Faculty from Virginia Tech, staff from the IRS, private tax practitioners, and the Virginia Department of Taxation will examine new tax laws and their implications and will examine case studies to interpret new regulations. Topics for the major program will include
New Tax Legislation
Rulings and Cases
Individual Taxpayer Problems
Small Business Problems
LLCs and Partnerships
And much more...
Brochures for the conferences have been mailed to tax practitioners, CPAs, lawyers, Commissioners of the Revenue, and other past attendees. Brochures are also available in Extension Unit and District Offices. Registration forms can be duplicated, or you may contact Brenda Chandler by phone: (540) 231-7936, fax: (540) 231-7417, or email: email@example.com for further information. Our web site (http://www.tax.vt.edu) includes all conference information and an online registration form that can also be printed to mail or fax.
Special farm and forestry tax workshops are available to registered participants. Farm sessions take place from 5 - 7 p.m. at selected locations (see schedule). Virginia Tech's agricultural lawyer, Leon Geyer, teaches the farm tax workshops. He will address Farm Income Averaging, Self-employment Tax, Government Program Payments, Prepaid Expenses, Interest Paid to Supplier/Lender, Conservation Programs, FmHA Write Down of Debt, Electing Optional Method for Calculating SE Tax. Virginia Tech's Garland Gray Professor of Forestry, Harry Haney, will conduct the forestry workshops from 5:00 - 7:00 PM at selected locations (see schedule). He will cover Tax decisions that affect a forestry investment; Capital investment expenditures and recovery; Operating and management expenses; Taxation of timber income - capital gains and depletion; Like-kind exchanges; Casualties and involuntary conversions; A review of Ag Handbook 718.
The tax conference general sessions will run each day from 8:30 AM until 4:45 PM. Pre-registration and pre-payment is required. The registration fee includes a textbook, reference material, refreshment breaks, two luncheons, the farm and forestry workshops and the What's New tax update that is mailed in January. Lodging is not included. The 700+ page Income Tax textbook is a comprehensive study manual used in more than 45 states. It is written and reviewed by CPAs, tax attorneys, IRS agents, and tax practitioners.
Please contact the Income Tax Conference Registrar, at the Continuing Education Center, phone (540) 231-2008, fax (540) 231-3306 or e-mail firstname.lastname@example.org for registration information.
2001 Virginia Tech Income Tax Conference Dates And Locations
|General Session||Farm Sessions||Forestry Sessions|
|Nov 5-6 - Richmond I||Nov 5 - Richmond I|
|Nov 7-8 - Staunton||Nov 7 - Staunton|
|Nov 12-13 - Lynchburg||Nov 12 - Lynchburg|
|Nov 14-15 - Roanoke||Nov 14 - Roanoke|
|Nov 19-20 - Bristol||Nov 19 - Bristol||Nov 20 Bristol|
|Nov 26-27 - Dulles||Nov 26 - Dulles|
|Nov 28-29 - Fredericksburg*||Nov 28 - Fredericksburg|
|Dec 3-4 - Williamsburg||Dec 3 - Williamsburg|
|Dec 5-6 - VA Beach||Dec 5 - VA Beach|
|Dec 10-11 - Richmond II||Dec 11 - Richmond II|
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