The Taxation of Day-to-Day Farming – Recorded Webinar Available October 20, 2020

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Join our recurring presenter Erin Swint, CPA, CA of PMT Chartered Professional Accountants LLP for a broad overview of the common considerations involved in preparing tax returns that report farming activity.  There are a number of considerations specific to farming activity that give rise to tax benefits or complications, such as the method of recording transactions, scale of operations, farming jointly with other parties, and even constructive and/or resulting trusts.  Erin will cover these, using real world examples, and highlight planning opportunities or traps to watch for.

More specifically, topics covered will include:

  • Cash vs accrual accounting of farming operations
  • Hobby farming
  • Partnerships and joint ventures
  • Operational issues that might give rise to constructive or resulting trusts.
    • Bigger picture implications of these trusts

Target Audience

This webinar will be of most interest to accountants and tax practitioners who have, or may have, clients engaged in farming activity. 

Professional Development Credits

Wolters Kluwer professional development programs are designed to meet the continuing education requirements of a variety of professional associations. These requirements do vary by association and region. Please consult your provincial association to ensure this webinar meets the continuing professional development standards for your specific situation.

Registrations for each Live Webinar are available until the start of each program. We reserve the right to substitute speakers in the case of instructor illness. In the event that we must cancel a Live Webinar, all registrants will be notified immediately and given the opportunity to either transfer their registration to another Live Webinar or a Recorded Webinar or obtain a refund. For all Live Webinars that are recorded, participants will have access to the recording for three months following the Live Webinar. Partial credit will not be awarded for attendees that are not present for the entirety of the Live Webinar. Credit will not be awarded if an attendee does not answer all of the polling questions (where applicable). Additional credit will not be awarded due to the instructor presenting over the allotted time.

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FormatRecorded Webinar