Posted by BOE Member George Runner at 1:26 pm on Feb 26, 2014 Comments Off on Telephone Townhall for the Agricultural Industry
On Tuesday, March 4 at 10:00 a.m. I will be partnering with the
California Farm Bureau Foundation, to host a Telephone Townhall on
tax issues specific to the agricultural industry.
Central Valley Senators Anthony Cannella and Andy Vidak will
also join the call. Senator Cannella serves as the Vice Chairman of
both the Senate Agriculture and Senate Natural Resources and Water
Committees. In addition to his legislative duties, Senator Vidak is
a farmer and rancher, growing cherries in Kings County and raising
cattle in Tulare County.
Every day, farmers and ranchers face challenges with tax laws in
the state of California. The laws can be complicated and, at times,
confusing and taxpayers can face stiff penalties and interest if
deadlines aren’t met and record keeping isn’t accurate.
Most taxpayers want to do the right thing but even the most
savvy business owner can make mistakes. The tele-townhall will
address such topics as sales and use tax, partial farming
exemptions, and sales of feed and animals.
Better understanding of tax laws allows farmers, ranchers, and
business owners selling to the agricultural industry to spend less
time concerning… Read More