- -  AGRICULTURE CORE CURRICULUM - -
    
(CLF1000)  Advanced Core Cluster:  AGRICULTURAL BUSINESS MANAGEMENT

      (CLF1600)  Unit Title:  AGRIBUSINESS TAXATION

                 UNIT DIRECTORY:
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        Code      Topic Title                      Hours              Year(s)
_____________________________________________________________________________

  (CLF1601)  Introduction to Taxes                   1                 3 / 4

  (CLF1602)  Income Tax Management                   1                 3 / 4

                               TOTAL TIME FOR UNIT = 2
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UNIT GOAL:  Students will understand the basis of taxation and the tax system 
            as it relates to agribusiness.
_____________________________________________________________________________

UNIT OBJECTIVES:  Upon completion of this unit, the students will be able to:

1.  Describe the purposes of taxes.

2.  Describe the purposes of tax planning.

3.  List records and information helpful for tax management.

4.  Distinguish between taxable and non-taxable items.

5.  Give examples of deductible business expenses.

6.  Describe varying types of tax credits.

______________________________________________________________________________
RESOURCES:

Deere & Company.  (1987).  FARM AND RANCH BUSINESS MANAGEMENT (2nd ed.).
  Available from: John Deere Technical Services, Department F, John Deere 
  Rd., Moline, IL  61265.

Internal Revenue Service.  (1990).  Publication 225, FARMER'S TAX GUIDE.   

Internal Revenue Service.  (1990).  Publication 334, TAX GUIDE FOR
  SMALL BUSINESS.


10/30/91 EEZ/sg


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