Open House and Tax Seminar at Alpaca Woods Ranch

For those of you who have been wanting to come to one of our seminars but didn't want to travel all the way across the country to Oregon, here is your chance. Mark March 29th on your calendars as the 2nd Annual Open House at Alpaca Woods Ranch. Ronnie Nagimesi has been one of our clients and great friends for two years and has put a great deal of time and effort into taking the "woods" part of Alpaca Woods Ranch and turning it into pasture for his wonderful critters. It has been a year since the last open house and there have been plenty of changes in that time—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.

Peggy will be the featured speaker addressing the tax consequences of alpaca ownership. The session will cover the great opportunities this industry has to offer as well as some of the pitfalls to avoid. Here is a brief outline:

Summary of Economic Stimulus Act of 2008 and its impact on you

What is Section 179 and how it impacts the alpaca industry

How Section 179 works; comparing it with regular depreciation

The difference between a Hobby Farm and your farm

What is the IRS looking for when they look at your return

Types of Income and Expenses that should appear on your tax returns

The importance of Business Plans

Question and Answer Session – all the issues that matter to you

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 29th by either phoning or emailing Ronnie at (770) 972-1247 (mabinda@excite.com), or Peggy at 877-915-0522 (peggy@alpacadigest.com). Here is a Google link for directions. Just add your address in front of Ronnie's and click on the Search button.