Wednesday, February 25, 2009

3rd Annual Alpaca Woods Ranch Open House

Mark March 28th on your calendars as the 3rd Annual Open House at Alpaca Woods Ranch.

This event is our chance to share these wonderful animals with those of you who have been pondering your interest in this growing industry as well as those of you who have stopped by before. Plenty of changes have occurred in the last year—we have added more pastures, new shelters and, of course, the best part—new crias. Refreshments will be served. There is no charge but we would appreciate an RSVP just for planning purposes.

Again this year, Peggy Stevens from Alpacas at Tucker Creek (http://www.alpacadigest.com/) in Astoria, OR will be our featured speaker addressing the tax consequences of alpaca ownership. Peggy is a retired CPA with many years of small business experience. She and her husband, Dave, have been raising alpacas since 2003. She will be discussing the great opportunities this industry has to offer as well as some of the pitfalls to avoid. Time will also be allotted for your personal alpaca tax questions. Among her topics will be the criteria applied by the IRS to classify an operation as a business instead of a hobby; how to leverage the purchase price of alpacas by using funds which might otherwise pay current taxes; the importance of a business plan and other topics of interest at a time when tax code revision is again under serious consideration. She has been a featured speaker at the 2008 Alpaca Owners and Breeders Association National Conference; the Alpaca Institute at Northwest Alpacas as well as regional affiliate meetings.

The Open House will be from Noon to 5:00 p.m. The tax presentation will be held from 1:00 – 3:00 p.m. Please advise if you will be able to join us on March 28th by phoning Ronnie at (770) 972-1247 when we will also provide you with driving directions.

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