Submitted by: agcomm,  Thu Nov 13 11:02:19 1997


                        November 13, 1997
 
Income Tax Management Program Scheduled for Ag Producers
 
     A "Tax Management for Ag Producers" program will be offered
to tax preparers and agricultural producers on Dec. 3, Wednesday,
from 1 to 4 p.m. (Central Standard Time) at 10 interactive video
sites in North Dakota.  
     The program, sponsored by the North Dakota State University
Extension Service and the Internal Revenue Service, will focus on
recent changes in tax legislation, and will feature presentations
by Steve Eckroth of Eide Helmeke, Bismarck; Gay Blazek, IRS
agent, Bismarck; Bob Peterka, Farm Accounting and Tax Services,
Fargo, N.D.; and Steve Troyer, Farm Credit Services, Fargo.
     Topics include capital gains tax, alternative minimum tax
for farmers, weather-forced livestock sales, tax breaks for
education, the Roth IRA, and estate planning. Self-employment tax
implications of renting farmland and the IRS position on
reasonable compensation to employees will be clarified.  Income
averaging for farmers--available for the 1998 tax year-- will be
explained.
     Four question-and-answer periods are scheduled during the
three-hour program. Preregistration is recommended, as seating is
limited at each interactive video site. The cost of the program
and materials is $8 for the first person from an operation, $4
for the second, with one set of materials provided. 
     For additional information and for registration, call the
NDSU Extension Service in Fargo at (701) 231-8642. 
     Interactive video sites for the program will be at 216
Vo-Tech Center, Bismarck State College; Arntzen Building, Minot
State University-Bottineau; 171 Administration Building, UND-Lake
Region, Devils Lake; 102 Ag Building, Dickinson State University;
room 183 E. Morrow Lebedeff Hall (Home Economics),NDSU, Fargo;
120 Gamble Hall, University of North Dakota, Grand Forks; third
floor of the State Hospital Education Building, Jamestown; 158
Administration Building, Minot State University; 112 Main
Building, UND-Williston; and 117 Mildred Johnson Library, North
Dakota State College of Science, Wahpeton. 
                              ###
NDSU Agriculture Communication
Source: Andy Swenson (701) 231-7379
Editor: Barry Brissman (701) 231-7866