Farm Financial Strategies Conference 2011

[soccer]

Wednesday, March 23, 2011

Mayfield Inn - Edmonton, AB
9:00 am to 4:00pm

Pre-registration is required

A one day conference that will help you position your farm for financial success

http://canola.ab.ca/farm_financial_strategies_conference_2011.aspx

Glen Hodgson
Senior Vice-President and Chief Economist
Conference Board of Canada

Globalization and the Future of Agriculture in Alberta

Glen Hodgson brings 29 years of experience and a specialization in international economic and financial issues to the position of Senior Vice-President and Chief Economist of The Conference Board of Canada.

Greg Gartner
Partner
Felesky Flynn LLP

Top Ten Things Your Accountant Should Be Telling You

Greg’s practice is focused in the area of tax advice to owner-managed businesses, with particular emphasis on business re-organizations, purchases, and sales and estate planning. He is also regarded as a leading expert in agricultural tax.

Merle Good
Provincial Tax Specialist
Alberta Agriculture & Rural Development

Farm Financial Strategies

Merle has been helping farmers to better manage the business side of the farm for over 30 years. Merle will discuss counter cyclical input buying, unique land leasing arrangements and the need for integration vs. independence.

Seating is limited.
Registration fees (includes roast beef lunch):
• register on or before March 18: $75.00 per person plus GST
• register on March 19 or later: $100.00 per person plus GST

Register on-line at:

http://canola.ab.ca/farm_financial_strategies_conference_2011.aspx

Brought to you by the Alberta Canola Producers Commission

[TOM4CWB]

soccer,

These folks are totally amazing for tax planning.

For any farmer... who would like to keep there assets in the farm... and build a healthy business for the next generation... these advisors are the best there are.

Ask this question... 'do you pay federal taxes'?

If you do... then you should come to this conference... Why pay federal taxes when there are ways to keep those assets at home in the family farm???

In working with these folks for more than 30 years... they have been 100 percent accurate on advice to build a stronger family farm!!!

Thanks very much for posting this!!!

[hobbyfrmr]

Do these guys hold events in Sask? What would be the Sask equivalent to these people?
I have never done anything with MNP, but I know some of the bigger, progressive farmers use them and say they provide much value, one example was collecting from CAIS program. One big farm just bought out a very good medium sized farmer. Paid big $$. Somehow they are using a small business grant in their favour. I think this is very smart, but do not know how or where to tap into these resources. I should just ask the person, that would be a good start. Hmmm...the answer lies within the question.

[charming]

TOM

If you don't pay taxes, where will the federal government get the money for BRM programs and crop insurance subsidies?

City folk and corporations?

[TOM4CWB]

Charming,

We pay massive taxes every single day of the year.

Are you kidding me?

We spend millions... and virtually every business I deal with: Agrium, Farm machine co's... fuel suppliers... mechanical repair... farm input suppliers... lawyers... doctors... politicians... at virtually every step of my day... we are spending big$$$ and the governments get massive profits back when farmers spend $$$.

The governments have reduced competition... and increased the profitability to intentionally get more tax revenue from our family farms!!!

To build a strong farm... that will be productive and feed the hungry world... takes real $$$ and it will not happen if paying 20-50% tax on capital... that margin is far too low.

You should know this... which is why the tax laws are written the way they are.

Come to Alberta... I believe the principals are quite transferable as this is primarily a federal tax management estate planning conference.

[TOM4CWB]

Hobby;

This is not about collecting subsidies... it is about structuring your farm in a manner that it does not easily attract federal tax on Capital.

This is NOT MNP.

This is 'outside' normal thinking as it requires solutions that involves; partnerships, corps, and co-operative farms that can structure and plan effective tax management.

There is no tax law against smart planning WITHIN the rules as they exist.