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Closely Held Businesses Chair:
Business Cooperatives and Agriculture Chair: |
John O. Tannenbaum, Hartford, CT
Harvey R. Sorensen, Foulston Siefkin LLP, Wichita, KS |
| Agenda: |
2:30pm Taxing Farmers: Income Averaging, Self-Employment (and some QPAI). This program will address fundamental tax issues affecting farmers and farm-related businesses. Topics include eligibility for the income averaging method, planning issues related to self-employment taxes, and application of section 199 to growing and production activities. Panelist: Professor Edward A. Morse, Creighton University School of Law, Omaha, Nebraska.
3:40pm Use of Special Trustees and Trust Protectors in Revocable and Irrevocable Trusts to Preserve the Family Farm and Family Business. Moderator: Harvey R. Sorensen, Foulston Siefkin LLP, Wichita, KS. Panelists: Tim O’Sullivan, Foulson Siefkin LLP, Wichita, KS; A. Franklin Berry, the Berry Law Firm, Bowling Green, KY; James A. Nepple, Nepple Law PLC, Muscataine, IA.
5:30 pm Closely Held Businesses Committee Planning Meeting.
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