Alabama Agricultural Market Workshops
Alabama Extension, Auburn University College of Agriculture, and Alabama Agricultural Experiment Station is hosting a series of workshops this month throughout Alabama concerning major agriculture commodities price outlooks. The nearest meeting will occur Thursday, January 19th, 2017 in Shorter. Location: E.V. Smith Research Center (4725 County Road 40, Shorter, AL 36075). This is at I-85 Exit 26 (Tallassee exit). Office phone: (334) 727-7403. Website: http://aaes.auburn.edu/evsmith/about/ . Start time: 8:00 A.M. Central (Light breakfast is included). End time: 10:30 A.M. For more information and/or RSVP: e-mail firstname.lastname@example.org . This is a great opportunity for producers and agribusinesses to learn more about the new Farm and Agribusiness Extension Team and be updated on the current situation in Alabama agriculture and expectations for 2017.
If you cannot attend this session, see if another date/location works for you (January 10th in Belle Mina – Tennessee Valley Research Center; January 11th in Crossville – Sand Mountain Research Center; January 20th in Shelby County – Shelby County Extension Office; January 24th in Marion Junction – Black Belt Research Center; January 25th in Fairhope – Gulf Coast Research Center; January 30th in Headland – Wiregrass Research Center.
There is no cost to attend this meeting. However, please RSVP to the email@example.com so we have an accurate amount of food and meeting room.
Timber Tax Workshops
Alabama Extension is offering a series of workshops this month throughout Alabama on income tax issues related to owning timberland and the production of forest products. The workshop is ideal for landowners, foresters, loggers, accountants and attorneys. The nearest meeting will occur Monday, January 23rd, 2017 in Opelika. Location: Lee County Extension Office (600 S. 7th Street, Opelika, AL). You can register by phone, online, or mail. Call (334) 844-5100 to register by phone. Go to www.aces.edu/timbertax for online registration. To register by mail, send a check to 301 O.D. Smith Hall, Auburn University, AL 36849-5608; make the check payable to Auburn University and specify the location and workshop.
Topics will include: Tax aspects of acquiring land; allocating basis; setting up timber accounts; using separately identifiable properties; calculating depletion allowance; reporting income from harvesting timber; reporting the cost of planting and site preparation, fertilization, timber stand improvement; and other cultural treatments, roads, and surveys; and disposing or exchanging of property.
If you cannot attend this nearby session, see if another date/location works for you (January 17th in Tuscaloosa – Tuscaloosa County Extension Office; January 18th in Montgomery – Montgomery County Extension Office; January 26th in Monroe County – Monroe County Extension Office; and January 31st in Fairhope – Gulf Coast Research Center.