Farm Taxes: Recordkeeping Practices

ABOUT THE LIVE WEBINAR

As the previous fiscal year comes to a close, now is the time to prepare for the next. In this informative session, you’ll learn effective record-keeping practices to reduce stress and improve the accuracy of your financial reporting for the upcoming tax season. Explore key definitions, such as income, deductions, and assets, and gain insights into special record requirements, how long to retain records, and best practices for maintaining organized financial documents. Prepare yourself for a smoother and more efficient tax season with these essential record-keeping strategies.

EVENT DETAILS

Penn State Extension experts will lead this free one-hour webinar on effective record-keeping practices for the upcoming tax year.

WHEN

January 7, 2025
(12:00 PM-1:00 PM ET)

Register By: January 7, 2025
This event is free of charge.

Who is this for?

All food and farm-based businesses

What will you learn?

General record-keeping requirements
Requirements for assets, travel, gifts, supplies, and value-added inventory
How long to keep records
Financial record-keeping methods and practices
Options for preparing your income tax returns
This event is being offered at no charge to participants.

Registration is required to receive the link to access the webinar.

A link to the recorded webinar will be emailed to registrants within ten business days after the live event. The recording will be accessible for six months from the event date.

Register By
January 7, 2025