Farming, Ranching & Agribusiness Conference (2 days) – Webcast

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Jun 3, 2021 - Jun 4, 2021 Pacific Time

Registration: 7:30 AM / Program: 8:00 AM - 4:35 PM Pacific Time

Fees

Member Fee: $0.00
Nonmember Fee: $0.00

Available Discounts

AICPA Member: None
Full time Accounting Educator: None

Description

Click the image to view conference agenda.

Learn about important issues that impact your clients in farming, ranching, and agriculture!

Businesses — save when 6+ attendees are registered. Attendees will still stay safe and socially distanced. Read more about group livestreams. 

  1. Email profdev@orcpa.org with names and emails of participants.
  2. OSCPA confirms with each participant.
  3. OSCPA invoices group contact.
  4. You’re done! It’s that simple.

Conference developed by the OSCPA Farming, Ranching & Agribusiness Project Committee.

Designed For

CPAs and other professionals who advise, represent, or are employed by farmers and ranchers.

Objectives

Recognize the key planning opportunities impacting farm and ranch taxation.

Major Subjects

Day 1: Thursday, June 3, 2021

  • Agricultural Tax Update for 2021
    Kristine Tidgren, JD, Center for Agricultural Law and Taxation
    Kristine will provide an update on key legislative and regulatory changes impacting tax and business planning for agricultural producers and agribusinesses in 2021. Specific topics will include farm payroll issues, farm program considerations, like-kind exchange rules, 199A and cooperatives, estate and transition planning matters, net operating losses, and much more.
  • Utilizing a Defined Benefit Plan in Business Transitions
    Steve Diess, EA, MAAA, Independent Actuaries Inc.
    Many small business owners think of their business as their retirement “plan”: sell the business when they are ready to retire and live off of the proceeds. Why not use an actual qualified retirement plan with all of its tax advantages instead? This presentation will illustrate how a defined benefit plan is uniquely suited to achieve this goal.
  • Oregon Corporate Activity Tax (CAT) Update
    Dan Eller, Attorney, MSFA, LLM (Taxation), Schwabe Williamson & Wyatt PC
    Dan will start with an overview of Oregon's Corporate Activity Tax ("CAT"), from the perspective of farming, ranching, and agribusiness. Dan will explain DOR rulemaking as it pertains to the industry. The session will conclude with an overview of CAT developments during 2021, including during the Legislative Session.
  • Appraising Agricultural Real Estate
    Marlo Dill, ARA, AGCO - Dill & Associates LLC
    This session will include a summary of steps taken to provide a market valuation of various ownership interests in large acreage farms and ranches, agricultural production real estate.  Information needed from a client and property owner in order to provide an accurate estimate of fee and time for an appraisal project.  What an appraisal report can and should provide the client and what it will not as it pertains to real estate valuation.

Day 2: Friday, June 4, 2021

  • Agricultural Tax Update for 2021 (continued)
    Kristine Tidgren, JD, Center for Agricultural Law and Taxation
    Kristine will provide an update on key legislative and regulatory changes impacting tax and business planning for agricultural producers and agribusinesses in 2021. Specific topics will include farm payroll issues, farm program considerations, like-kind exchange rules, 199A and cooperatives, estate and transition planning matters, net operating losses, and much more.
  • Farming Financial Standards Update
    Paul Neiffer, CPA, CliftonLarsonAllen LLP
    The Farm Financial Standards Council provides an annual update on farm financial standards.  This session will review the latest standards and how the FFSC can help CPAs prepare more accurate financial statements

If you would like to register for this event, please contact OSCPA at 800-255-1470, 503-641-7200, or email profdev@orcpa.org.


Leaders

Steven Diess

Steve Diess is an owner of and consulting actuary at Independent Actuaries, Inc., the largest independently-owned actuarial consulting firm in the Pacific Northwest. He has over 25 years of experience working in the actuarial professing, focusing mainly on the setup and administration of defined benefit pension plans. He is an Enrolled Actuary, and a Member of the American Academy of Actuaries. Steve presents with some frequency at various conferences throughout the country.

(5/13/21)

Marlo Dill

Marlo Dill began working in the appraisal industry in 1995, following graduation from California State University at Fresno with a Bachelor of Science in Agricultural Business. Marlo grew up on an irrigated row crop farm in the fertile Salinas Valley (“Lettuce Capital of the World”) which taught her a great deal about agriculture firsthand. Marlo’s first appraisal experience came in Fresno with an independent firm specializing in agricultural properties. She continued working there until moving to Oregon in 1998. Marlo works on a wide range of appraisal projects involving farms and ranches, with the appraisal uses ranging from assisting with financing to facilitating federal land exchanges.

Marlo specializes in rural agricultural property valuation including farms: nurseries: orchards: dairies: vineyards: wineries: ranches: timber production: food processors: cold storage facilities: grain elevator: seed cleaners: fertilizer plants and quarries. Unique property valuation including recreation and other high-appeal realty: natural resource valuation (mineral: timber and water interests): range and hunting lands: river front: fishing property: resorts: wetlands: historic properties and conservation easements. Agricultural Appraisals: Business Valuation: Certified General Real Estate Appraiser: Condemnation: Conservation/Scenic: Easements/Development: Rights Restrictions: Environment Estate Appraisals (IRS Sec. 2032(a)): Estates/Planning: Farm/Ranch Appraisals: Acquisitions/Analysis: Financing/Insurance: Management/Real Estate Sales/Mortgages: Farm Trusts: Farmsteads (Rural Residences): Government Appraisal Work: Irrigated Farms: Irrigation Appraisals: Land Appraisals/Division/Exchanges: Lease Fee/Leasehold/Leases: Recreation Property: Rural Property Appraisals: Rural Land Appraising: Water Rights/Supply: Winery Appraisal

(2/9/21)

Dan Eller

Dan Eller assists clients with tax and business law issues in both transactions and controversies. His transactional practice emphasizes choice of entity and formation, mergers and acquisitions, real property development, foreign bank account and asset reporting, and tax-exempt entity formation, qualification and operation. On the controversy side, Dan has handled a wide variety of tax collection and controversy matters, both federally and at the state level in Oregon and Washington. He has litigated cases before both the United States Tax Court and the Oregon Tax Court, where he formerly clerked for the Hon. Henry C. Breithaupt.

Since the enactment of Oregon’s Corporate Activity Tax (“CAT”) in 2019, Dan has been at the forefront of the implementation of this new tax. Dan is a frequent speaker on the CAT. Additionally, with Alee Soleimanpour Dan has co-authored a number of articles on CAT developments, both from the Oregon Department of Revenue and the Oregon Legislature.

Dan is an adjunct professor at Lewis and Clark Law School and an adjunct instructor in the School of Business Administration at Portland State University.

(8/20/20)

Paul Neiffer

Paul Neiffer, CPA is a principal with CliftonLarsonAllen LLP (CLA) in their Agribusiness practice specializing in income taxation, accounting services, and FSA planning related to farmers and processors. Paul is past president of the Farm Financial Standards Council and current chairperson of the AICPA Ag Conference. He writes the “FarmCPA” column for Top Producer magazine. Paul is a nationally recognized speaker on many subjects related to farmers and processors including (1) tax planning, (2) estate tax and succession planning, (3) farm management accounting, (4) farm bill, (5) farm economics and many other related topics.

Paul regularly publishes timely content on CLA’s agribusiness blog, Farm CPA Today. He covers topics, including taxation, accounting, succession planning, new laws, major agribusiness events, and other issues that are unique to farmers and agribusiness processors.

Raised on a farm in central Washington, Paul has been immersed in the ag industry his entire life, including the last 30 years professionally. In fact, Paul drives combine each summer for his cousins and that is what he considers a vacation. In addition, he is the previous owner of a 1031 exchange company.

(1/25/21)

Kristine Tidgren

Kristine Tidgren is an adjunct assistant professor in the Agricultural Education & Studies Department and the director of the Center for Agricultural Law and Taxation (CALT) at Iowa State University. She speaks and writes frequently on agricultural law and tax matters, with a special emphasis on farm tax issues. Kristine’s writing includes The Ag Docket, an online blog, as well as monthly articles for farm publications and chapters for tax school workbooks. She regularly instructs attorneys, CPAs, EAs, and other tax professionals regarding agricultural law & tax matters. She is an active member of the Rural Tax Education Committee, which yearly works with IRS to review and update Publication 225, the American Agricultural Law Association (chair of the distance education committee), and the Land Grant University Tax Education Foundation. Kristine also teaches an undergraduate agricultural law class each spring semester to around 105 seniors at Iowa State University’s College of Agriculture. Kristine received her J.D., Order of the Coif, from the University of Texas at Austin, and her undergraduate degree from Iowa State University. She grew up on a farm in west central Iowa.

(2/9/21)