September Seminars - Farm Tax Workshop In-Person & Webinar

Sep 23, 2025 - 8:30 AM

to Sep 23, 2025 - 4:30 PM

Ankeny, IA & Online

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2025 has been full of changes. Agricultural attorneys, tax professionals, and advisors must understand how these changes impact their clients. Our September Seminars will equip practitioners with the information and tools they need to guide their clients through these changing times.

Download the September Seminars Brochure

Registration Cost:

Both Seminars: $ 335 by September 8, $ 360 after
Agricultural Law Seminar: $ 199 by September 8, $ 215 after
Farm Tax Workshop: $ 199 by September 9, $ 215 after

In-person course fee includes lunch and refreshments.

Agenda for Agricultural Law Seminar (Day One)

Agenda for Farm Tax Workshop (Day Two):

8:30 am – 10:30 am Chapter 2: Legislative and Regulatory Update (Kristine)

This chapter reviews new legislation and regulations impacting agricultural producers and rural landowners. Specifically, the chapter details key provisions in the One Big Beautiful Bill Act (OBBBA), H.R.1, applicable to farm producers and rural landowners. It also reviews changes to farm program payments made by the OBBBA. Finally, the chapter reviews regulatory updates applicable to tax professionals certifying farm taxpayers as eligible for the AGI limit exemption or for higher payment limits.

10:30 am – 10:45 am Break

10:45 am – 11:30 am Chapter 3: Farm Lease Tax Issues (Kristine)

This chapter reviews the tax consequences of common agricultural real property and personal property lease arrangements, including the rental of real property in a cash rent arrangement and a crop share arrangement. It also discusses the tax considerations of tenant improvements. Finally, this chapter discusses the taxation of personal property rentals, including when such an arrangement is a lease and when it may be a purchase contract.

11:30 am – 12:00 pm Chapter 4: Farm Partnership Tax Matters (Kristiana)

Partnerships, including LLCs taxed as partnerships, are useful entities for transferring the farm or other closely held business to the next generation – whether the successor is a family member or a key employee. This chapter presents several case studies detailing provisions that may be useful in transferring a farm through a partnership. The chapter begins by discussing self-employment tax rules applying to owners of limited partnerships and LLC members.

12:00 pm – 12:50 pm - Lunch

12:50 pm – 1:40 pm – Chapter 6: Deducting Residual Soil Fertility (A 2025 Update) (Kristine)

Although farmers have been taking a limited deduction for the residual fertilizer purchased along with their farmland for many years, a push to extend and expand this practice beyond the traditional approach has been growing. This chapter provides an in-depth review of the practice of allocating value to soil fertility when acquiring farmland. Included is a discussion of applicable guidance, case law, best practices, and traps for the unwary.

1:40 – 2:15 pm - Chapter 7: Healthcare Options for Farmers in 2026 (Kristine)

Healthcare is a necessity, yet options for available healthcare coverage are not always easy to find. Because many farmers and ranchers are self-employed, they often struggle to find affordable options for health insurance for themselves and their families. This chapter begins with a brief review of healthcare options available to the owners of different business types. It then reviews the options for healthcare coverage on the Marketplace in 2026, requirements for the self-employed health insurance deduction, current options for health reimbursement arrangements, and current limits for health savings accounts.

2:15 pm - 2:30 pm Break

2:30 pm – 3:25 pm - Chapter 8: Cost Recovery in 2025 and Beyond (Kristiana)

This chapter provides a review of the 2025 and 2026 rules for expensing and depreciating farm assets. The discussion compares Section 179 and bonus depreciation and presents examples combining the deductions. Finally, the chapter reviews the rules for depreciating and expensing business vehicles, including special farm provisions, as well as a review of using the tangible property regulations on the farm.

3:25 pm - 4:10 pm - Chapter 5: Installment Method on the Farm (Kristine)

The installment sale method applies to gains from nondealer sales of property for which at least one payment is received in a tax year after the year of sale. This section reviews the gain computation, depreciation recapture, and reporting requirements for installment sales. It also discusses the issues of constructive receipt, deferred payment contracts, and electing out of the installment method.

4:10 pm - 4:30 pm – Chapter 9: Selling and Trading Farm Property (Kristine)

Calculating and reporting gains and losses on the disposition of business assets can be complex. Form 4797, Sales of Business Property, not only reports gains and losses from straightforward sales, but it is also the collection point for recognized gains calculated on Form 8824, Like-Kind Exchanges; and recognized gains and losses calculated in Section B—Business and Income-Producing Property of Form 4684, Casualties and Thefts. This chapter reviews these rules.

Continuing Education

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ATTORNEYS:

DAY 1: 6.5 hours Iowa CLE, including 1 hour Ethics from the Iowa Supreme Court Commission on Continuing Legal Education
- Activity Number: 428412 (In-Person)
- Activity Number: 428413 (Webinar)
DAY 2 6.5 hours Iowa CLE
- Activity Number: 428410 (Online)
- Activity Number: 428409 (In-Person)

If you need CLE credit from a state other than Iowa, contact mhalat@iastate.edu in advance of the seminar.

CERTIFIED PUBLIC ACCOUNTANTS/ENROLLED AGENTS/ OTHER TAX PREPARERS:

DAY 1 NO IRS CPE, 8 hours State CPE*, including 1 hour Ethics
DAY 2 8 hours IRS CPE 8 hours State CPE*
- Y7WRM-T-00396-25-O (6 Credits)
- Y7WRM-T-00396-25-I (6 Credits)
- Y7WRM-U-00395-25-O (2 Credits)
- Y7WRM-U-00395-25-I (2 Credits)

CERTIFIED FINANCIAL PLANNERS: