What do the New Tax Laws Mean for Growers?
Presenting: Robert Murphy and B, Frank Rimerman + Co LLP
Murphy and Henrietta Bodi will
review some of the main items in the new tax law which will have a direct impact on grower’s tax liabilities.
Topics include:
- Corporate tax rate adjustments
- Individual tax rate adjustments
- New deduction for pass-through income
- Changes to treatment of Net Operating Losses
- Expanded access to simplified accounting methods
- Increased expensing for tangible property through bonus depreciation and Sec 179 expensing
- Changes to the Estate Tax exemptions
The State of the State
Presenting: Michael Miiller, CAWG Director of Government Relations
Miiller will review the current climate in the CA state legislature and review recent fire legislation, changes in employment law, and water related issues and regulations.
Presenting: John Aguirre, CAWG President
Aguirre will review key legislative and regulatory events from President Trump’s first year in office, including immigration reform. He will also review the status of the Food Safety Modernization Act – Produce Safety Rule and what this means for grape grower compliance.
