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Cornell Cooperative Extension will host “Farm Financial Records for Decision Making and Tax Management” online

The workshop for beginning farmers, or for those established farmers who would like a tune up, will be held on Thursday, Dec. 2, from 7 to 9 p.m. For more information, visit tinyurl.com/ccetaxschool.

Topics covered include recording income and annual expenses, capital expenditures and depreciation with additional information covering loans and credit card or revolving loan payments, sales of business assets, and deducting losses.

The course is $10 per farm with scholarships available for those experiencing financial hardship. The courses will be offered virtually via live and interactive zoom webinar. For those without internet access, there will be a call-in option available. This presentation will be recorded and sent to those who are registered (even if you can’t attend the live event). Register online by visiting www.tinyurl.com/ccetaxschool.

This course is part of Cornell Cooperative Extension’s Farmer Tax School: An educational series from Cornell Cooperative Extension Farm Business Management Specialists offering courses designed to inform and empower farm managers to better understand their tax obligations, management strategies, and improve farm profitability. This consists of four courses offered October through January. For more information, visit tinyurl.com/ccetaxschool. This series has options for agricultural producers of all shapes, sizes, and time in business.

For more information call Katelyn Walley-Stoll, Southwest New York Dairy, Livestock, and Field Crops, at 716-640-0522 or email kaw249@cornell.edu.

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