The Business of Farming, created in partnership with area experts and sponsored by Farm Credit, will be held each Monday from 9:00 to 11:00 a.m. in the Technology Theater at the workforce center, 100 N. College Drive.
The schedule is as follows:
- January 7 — Taxes, presented by Benny Burgess and Julie Griggs of Burgess & Co.
Save money and learn more about Section 179, Bonus Depreciation, CCC Loans, Deferred Crop Insurance, Prepayments, Constructive Receipts, Employee vs sub-contractor, 20% Deduction, 1099s, Self-renting land, Timber and reforestation, VA Tax credits, and Conservation Easement.
- January 14 — QuickBooks, presented by Benny Burgess and Julie Griggs of Burgess & Co.
An overview of the software with specifics on how to make it work for your business.
- January 28 — Business & Law, presented by Will Holt of Kaufman & Canoles
Business structuring (proprietorship, LLC, etc.) and general legal issues will be covered in this session.
- February 4 — Succession Planning, presented by Will Holt of Kaufman & Canoles
Learn about retirement planning and the future of your farming business during this workshop.
- February 11 — Crop Insurance, presented by Kevin Lynch and Jim Jervey of Farm Bureau Insurance Co.
2019 crop insurance updates and risk management will be discussed in this informative session.
- February 18 — Risk Management, Life Insurance, Retirement, presented by Jim Jervey of Farm Bureau Insurance Co.
This workshop provides a continuation of risk management, but also leads into the discussion of life insurance and planning your retirement.
- February 25 — Financial Analysis and Case Study, presented by Chris Simms of Farm Credit
This last session highlights financial analysis for the business of farming, followed by a group presentation.
Tuition: $50 per person. (Bring your spouse, son/daughter, or your partner at no charge!) Tuition covers all 7 sessions, pick one or come to all.
Register and pay online at pdc.augusoft.net or call Workforce Development at 757-569-6050.