Whole Farm -- Legal and Taxes

Information Files
Deductible Livestock Costs for Adjusting Income Tax Returns -- B1-15 pdf file    
Income Tax Aspects of Property Transfers -- C4-20 pdf file      
Federal Gift Taxes -- C4-23 pdf file      
Federal Estate Taxes -- C4-24 pdf file      
Iowa Inheritance Tax -- C4-25 pdf file      
Income Tax Basis: The Forgotten Concept -- C4-26 pdf file      
Weather-Related Sales of Livestock -- C4-28 pdf file      
Iowa Beginning Farmer Tax Credits and Loan Programs -- C4-30 pdf file    
Newsletter Articles
Exemption of sales tax on certain uses of utilities and fuel -- November 2014        
The “small partnership” exception: a way to escape partnership tax complexity -- March 2012        
The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 -- February 2011        
Change of “taxpayer” after crop insurance (and disaster payment) deferral -- February 2010        
Side-stepping SE tax on a trade? -- July 2009        
American Recovery and Reinvestment Act of 2009 -- April 2009        
IRS says amendments to regulations needed for late section 179 elections on amended returns after 2007 -- November 2008        
Self-employment tax for spouses receiving farm program payments? -- March 2008        




Legal Issues
Information Files
Legal Terms -- C4-05 pdf file   teaching activity  
Newsletter Articles
Dividing up assets after death -- February 2015        
Proposed regulations recognize uniqueness of LLCs and other pass through entities: passive loss rules relaxed -- April 2012        
Dynasty trusts: Another view -- January 2012        
Portability - great idea but full of planning problems -- October 2011        
When is an operating arrangement a partnership? -- November 2010        
Worker, homeownership, and business assistance act of 2009 -- December 2009        
Hazards of basing an estate plan on successive life estates -- November 2009        
The Tax Court and the U.S. Court of Federal Claims agree: Members of LLCs and LLPs are not to be treated as limited partners -- October 2009        


Download file in pdf format pdf file      
Decision tool xls file    
Teaching activity   teaching activity  
Voiced media       voiced media


For current information on legal issues, upcoming seminars, and court opinions visit the Center for Agricultural Law and Taxation.