- Topical Resources
-
Programs
- Programs Overview
- Annie's Project
- Clemson University Tax School
- Feeding Innovation
- Freshwater Coast Entrepreneurship Alliance
- Southeastern Ag Lenders School
- South Carolina Ag + Art Tour
- S.C. Center for Cooperative and Enterprise Development
- SC New and Beginning Farmer Program
- SC Women in Ag Network
- ACRE Business Planning
- Meet the Team
- Events
South Carolina Tax Resources
- Tax Liability Estimator Decision Tool (.xlsx, Utah State Univ.)
- South Carolina Agriculture/Farm Sales and Use Tax Exemption
- SCATE Card for Sales and Use Tax for Agriculture (SC Dept of Ag)
General Tax Resources
- IRS Publication 225, The Farmers Tax Guide
- IRS 1040 Schedule F and Instructions
- IRS Publication 51 Circular A, Agricultural Employer's Tax Guide
- IRS Forms and Publications to assist Farmers
- Rural Tax Education
- Iowa State University Center for Agricultural Law and Taxation
- Interactive 1040 Schedule F Overview and information, Iowa State University, Center for Agricultural Law and Taxation, Guido van der Hoeven
Timber-Specific Tax Resources
- Allocation for Cost Basis for Timber (.xlsx)
- National Timber Tax Website
- IRS Form T and Instructions for Timber
H-2A Resources
- IRS H-2A Labor Information Page
- IRS Publication 519 US Tax Guide for Aliens
- IRS Informational Page Taxation of Non-Resident Aliens
Record Keeping
- Production Yield Record Spreadsheet (.xls)
- Clemson Farm Excel Account Book (.xlsx)
- Excel Account Book Video Overview (6:30)
Tax Decision Tools
- Tax Liability Estimator Decision Tool (.xlsx)
Tax Hot Topics and Publications
- Conservation Easement Tax Implication Basics, Dr. Adam Kantrovich
- Federal Income Tax Challenges for the Cannabis Industry, Dr. Adam Kantrovich
- Livestock Sales, Extreme Weather Events, and Tax Consequences, Dr. Adam Kantrovich
- Taxation of the Cannabis Industry (Federal and Michigan State Tax Law), Mary Jane Hourani
- Drought-stricken farmers and ranchers have more time to replace livestock
COVID-19 Tax Resources
- Paycheck Protection Program, Iowa State University
- Tax Filing Extension and Payment Deferment for 2019 Taxes, Clemson University Land-Grant Press
- IRS Economic Impact Payment Web Tool
- IRS Tax Deadline Extensions
- Revenue Procedure 2020-23: COVID Relief for Partnerships with NOLs
- Revenue Procedure 2020-24: COVID Relief for Taxpayers Claiming NOLs
- Revenue Procedure 2020-26: Six-month Extension of Time for Filing NOL Forms
- Common Errors to Avoid When Filing for Advance Payment of Employer Credits
- April 30, 2020 IRS FAQ’s: Employee Retention Credit under the CARES Act
- IRS Notice 2020-32: Expenses paid for through PPP loan that was forgiven is not deductible for tax purposes from gross income (April 30, 2020)
- IRS FAQ: Deferral of Employment Tax deposits and Payments through December 31, 2020 updated FAQ
- PPP Interim Final Rule (IFR)
- Second Draw Interim Final Rule (IFR)
- IRS Employee Retention Credit
- IRS Q&A for Family First Act
Clemson Tax School
The Clemson University Cooperative Extension Agribusiness Team provides tax-related education for tax professionals through the Clemson University Tax School. Programming includes an annual two-day small business and farm income tax course held in the Fall, as well as special topic workshops held throughout the year. Some programming is certified by the IRS SC Board of Accountancy and the SC Supreme Court Standards for CPE. Visit the Clemson University Tax School website.
Cooperative Extension Agribusiness
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Cooperative Extension Agribusiness | 900 Clemson Road, Columbia, SC 29229
