FARM TAX ESSENTIALS
Application of federal and Wisconsin income tax laws regarding farming are covered in this course. Understanding how taxes affect the financial picture in a business is critical to the agriculture professional. Learners will apply income tax laws throughout the course as various topics are covered regarding taxation. Learners will prepare individual, Schedule F, and other supporting forms used in reporting financial information.
Prerequisite: 10-091-186 Agricultural Accounting. Condition: Accepted into the Dairy Science, Agri-Business or Veterinary Science Associate Degree program, or with Dean approval.