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George F Patrick

Dr. George Patrick’s areas of research include the evaluation of risk management strategies, farmers’ risk attitudes and responses to risk, producers’ marketing practices and effects of changes in income tax law. Recent research publications include “Hog Producers’ Risk Management Attitudes and Desire for Additional Risk Management Education,” Journal of Agricultural and Applied Economics (December 2007); “Evaluation of Risk Management Alternatives for Indiana Grain Producers,” Agricultural Finance Review (Spring 2007); “Forward Pricing Behavior of Corn and Soybean Producers,” Journal of Agricultural and Applied Economics (April 2005); “Cotton Producers’ Choice of Marketing Techniques.” Agribusiness: An International Journal (Autumn 2004); “Farm Income Variability and the Supply of Off-Farm Labor by Limited-Resource Farmers,” Journal of Agricultural and Applied Economics (August 2004); “Risk Management Strategy Evaluation for Corn and Soybean Producers,” Agricultural Finance Review (Spring 2004); Risk Management Education: An Examination of Crop Producers’ Participation in Recent Programs and of Their Desire for Additional Training,” Journal of Agricultural and Applied Economics (December 2003). Dr. Patrick annually updates “Income Tax Planning for Farmers” which is available at http://www.agecon.purdue.edu/extension/pubs/taxplanning.asp.

Professor Patrick coordinates the Purdue Income Tax School program for tax professionals. The two-day program enrolls about 1,100 tax professionals annually and is conducted at 11 locations throughout Indiana. He also conducts programs for agricultural producers on income tax management and risk management. Dr. Patrick teaches AGEC 456, Federal Income Tax Law, to over 100 undergraduate students in the spring semester.

Dr. Patrick’s Extension program was recognized as the Distinguished Extension Program- Individual by the American Association of Agricultural Economics (AAEA) in 2004. He received the Purdue University Cooperative Extension Specialist Career Award in 2002. During the 1999 to 2004 period he served as Director, President-Elect, President and Past-President of the AAEA Extension Section. Dr. Patrick received the 1997 Tax Award from the Quality for Indiana Taxpayers Foundation, Inc. Dr. Patrick has been President of the Board of Directors of the Land Grant University Tax Education Foundation, Inc. since 2001.

Awards & Honors

(2011) Outstanding Extension Program Award for Project. Western Agricultural Economics Association.

(2011) Outstanding Extension Program Award for Project. Western Agricultural Economics Association.

(2010) PUCESA Team Award. Purdue University Cooperative Extension Specialist Association.

(2009) Director. Land Grant University Tax Education Foundation Inc.

(2009) Director. Land Grant University Tax Education Foundation Inc.

(2008) Director. Land Grant University Tax Education Foundation, Inc.

(2005) PUCESA Team Award. Purdue University Extension Specialists Associate.

(2005) Vice Chair - Senior Section. American Agricultural Economics Association.

(2004) Distinguished Extension Program - Individual. American Association of Agricultural Economics.

(2004) President and Past President. American Agricultural Economics Association - Extension Section.

Selected Publications

Harris, P. E., Patrick, G. F., & van der Hoeven, G. (2011). Agricultural Issues. In 2011 National Income Tax Workbook (Vol. 2010, pp. 549-602). Kelso, WA: Land Grant University Tax Education Fundation, Inc..

Patrick, G. F. (2011). Depreciation and Expensing Options - An Update. Retrieved from http://www.agecon.purdue.edu/extension/pubs/taxplan2010.pdf

Patrick, G. F. (2011). Income Tax Management for Farmers in 2011, 27. Retrieved from http://www.agecon.purdue.edu/extension/programs/tax/2011_INCOME_TAX%20MANAGEMENT_FOR_FARMERS.pdf

Harris, P. E., Curry, L. E., van der Hoeven, G., & Patrick, G. F. (2011). Tax Guide for Owners and d Operatprs pf Small and Mediurm Size Farms, 4. Retrieved from http://ruraltax.org/files/uploads/Depreciation%20and%20Expensing%20Options%20for%20Farmers%20%28RTE%202011-24%29.pdf

Patrick, G. F. (2010). Choices for Your Farm Operating Loss, 5. Retrieved from http://www.ruraltax.org/files/uploads/NOL%20Final%20Draft.pdf

Patrick, G. F. (2010). Depreciation and Expensing Options - An Update. Retrieved from http://www.agecon.purdue.edu/extension/pubs/paer/2010/december/patrick.asp

Patrick, G. F. (2010). Income Tax Management for Farmers in 2010. Retrieved from http://www.agecon.purdue.edu/extension/pubs/taxplan2010.pdf

Alexander, C. E., & Patrick, G. F. (2010). Large-Scale Producers Perceptions of and Management Responses to Increased Volatility. Journal of the American Society of Farm Managers and Rural Appraisers.

Harris, P. E., Patrick, G. F., & van der Hoeven, G. (2010). Agricultural Issues. In National Income Tax Workbook 2010 (Vol. 2010, pp. 423-459). Kelso, WA: Land Grant University Tax Education Foundation,.

Harris, P. E., Patrick, G. F., van der Hoeven, G., & Kightlinger, K. D. (2009). Agriculutral Issues. In 2009 National Income Tax Workbook (Vol. 2009, pp. 369-416). Brownsville, OR: Land Grant Univeristy Tax Education Foundation Inc..