Forum staff reports , Published November 07 2013
Ag calendar - 11/08/13Ag producers income tax management program Nov. 18
A tax management program will be offered to producers and tax preparers from 9 a.m. to noon CST on Nov. 18, at 11 interactive video sites in North Dakota.
The program, sponsored by the North Dakota State University Extension Service and Internal Revenue Service, will feature presentations by Ann Makres, IRS; Steve Eckroth, Eide Bailly, Bismarck; Rhonda Mahlum, Mahlum Goodhart PC, Mandan; Rick Mapel, AgCountry Farm Credit Services, Grand Forks; and Steve Troyer, Eide Bailly, Fargo.
Experts will provide federal income tax updates and tax management alternatives while producers still have time to implement year-end tax management decisions.
- Federal income tax update
- IRS issues
- Foreign Account Tax Compliance Act
- Net investment income surtax
- C-corporation succession planning
- Family limited partnerships for succession and asset transfer
- Affordable Care Act: selected tax issues
- Payroll and related issues
- Farm income averaging.
A session on year-end tax planning will provide an overview of when to accelerate or defer income in conjunction with expense timing to manage tax liabilities now and for the future.
Four question-and-answer periods are scheduled during the three-hour program. Preregistration is required because seating is limited. The cost for the program and materials is $12.
Interactive video sites for the program are at Bismarck State College; North Dakota School for the Deaf, Devils Lake; Bottineau County Courthouse, Bottineau; Dickinson State University Klinefelter Hall; NDSU, Fargo; County Office Building, Grand Forks; Law Enforcement Center, Jamestown; North Dakota State College of Science, Wahpeton; and NDSU Research Extension Centers in Minot, Langdon and Williston.
For additional information or registration, call the NDSU Extension Service in Fargo at (701) 231-8642.
NDSU athletic scholarships to be awarded during Harvest Bowl
Fifteen scholarships will be awarded to outstanding North Dakota State University female and male athletes during this year’s Harvest Bowl festivities Nov. 8-9 in Fargo. The NDSU Harvest Bowl program also recognizes the work of agriculturists in 53 counties in North Dakota and several in Minnesota.
A special agribusiness award goes to an individual who has a distinguished career in agriculture and business. This year’s award recipient is Richard Frohberg, former NDSU wheat breeder and geneticist.
Harvest Bowl scholarship awardees, sport, hometown and major are:
- Harvest Bowl Scholarship – Marshall Bjorklund, basketball, Arlington, Minn., agricultural systems management
- Harvest Bowl Scholarship in honor of Robert Johansen – Caitlin Mack, track, Watertown, S.D., exercise science
- Gene Dahl Scholarship – Andrew Grothmann, football, Hillsboro, agricultural economics
- Scott and Ann Dau Family Scholarship – Lauren Cammack, volleyball, DeWitt, Neb., criminal justice
- John and Kay Dean Harvest Bowl Scholarship – Landon Lechler, football, Beach, crop and weed sciences
- Myron and Muriel Johnsrud Harvest Bowl Endowment Fund – Kevin Vaadeland, football, Park Rapids, Minn., university studies
- LeVon C. Kirkeide, Patricia Kirkeide-Hagemeister and Friends Scholarship – Emma Kusick, golf, Minot, microbiology
- Darrell Larson Family Scholarship – Ryan Smith, football, Wahpeton, business administration
- Bob Lauf Memorial Scholarship – Ryan Drevlow, football, Gwinner, electrical engineering
- Ron and Karen Offutt Scholarship – Anthony Caputo, wrestling, Red Lake Falls, Minn., agribusiness
- Red River Commodities Scholarship – Brian Blasey, track, Ada, Minn., general agriculture
- Titan Machinery Scholarship – Alec Espeland, track, Pierre, S.D., microbiology
- #64 Bob and #58 Bruce Yaggie Father-Son Football Scholarship – Cole Davis, football, Kearney, Mo., agribusiness
- Bob and Darlene Yaggie Football Scholarship – Brian Schaetz, football, Denmark, Wis., university studies
- Gooseneck Implement/Green Iron Equipment Scholarship – Sierra Rosenau, track, Carrington, human development and family science
The 40th annual Harvest Bowl festivities begin Friday, Nov. 8, at the Fargo Ramada Plaza Suites with a dinner and awards ceremony. On Saturday, honorees will participate in educational sessions on the NDSU campus and attend the Harvest Bowl football game.
For information on Harvest Bowl, visit the NDSU Alumni Association website at www.ndsualumni.com, call the NDSU alumni office toll-free at (800) 279-8971 or locally at (701) 231-6800, or email firstname.lastname@example.org.
Sheep shearing, wool classing schools set for Nov. 23-25
If you are interested in learning more about sheep shearing or becoming certified for wool classing, plan to attend the North Dakota Sheep Shearing School on Nov. 23-25 at the Hettinger Fairgrounds or the Certified Wool Classing School Nov. 23-25 at the Hettinger Armory.
The topics to be covered during the sheep shearing school include:
- Professional shearing patterns
- Tagging and eyeing
- Equipment maintenance and repair
- Wool handling and preparation
Instructors for the school are Wade Kopren, a South Dakota professional sheep shearer; Mike Hagens, North Dakota professional sheep shearer; Reid Redden, North Dakota State University Extension Service sheep specialist; and Mike Schuldt, a Montana State University Extension agent.
The school is open to those who are experienced or non-experienced in sheep shearing. To allow for one-on-one instruction, registration is being limited. The registration deadline is Nov. 8.
The registration fee is $125. The fee includes tuition, handbook, DVD and singlet. The North Dakota Lamb and Wool Producers Association is providing $250 in scholarships to state residents 16 and older. The scholarships will be distributed evenly among qualified applicants.
Topics to be covered during the wool classing school include:
- Wool fiber growth, development and production
- Objective wool measuring
- Genetic selection programs
- Hands-on wool grading
- Wool contamination and handling practices
- Wool classing, packaging, labeling and marking
- Test for level 1 certification
The instructors are Ron Cole, American Sheep Industry Association wool education consultant, and Lisa Surber, Montana State University Wool Lab manager.
The fee for the program is $175, which includes tuition and materials. The classing school is limited to 12 students and the registration deadline is Nov. 8.
For more information on both schools, contact Chris Schauer at (701) 567-4323 or email email@example.com. Entry fees for both schools can be sent to the Hettinger REC, P.O. Box 1377, Hettinger, N.D. 58639.
The sheep shearing school is sponsored by the North Dakota Lamb and Wool Producers Association, NDSU Hettinger REC and NDSU Extension Service. The same organizations, along with the American Sheep Industry Association, are sponsoring the certified wool classing school.
Schauer, director of the Hettinger REC, is coordinating both events.