The $1,200 economic stimulus payment you received in 2020 is not taxable for federal or state income tax purposes. However, it may still “raise” your state income tax.
Texas received a federal disaster declaration on February 11. Farmers generally file and pay by March 1 to escape paying estimates. A penalty may be assessed if you pay after March 1 even with a new June 15 due date.
The SBA has given some guidance on PPP loans for farmers, but we still don’t know all of the rules. This post tries to review what we know and don’t know.
Chip Flory has a tight grip on agriculture’s tape measure. When an army of 150 scouts from 12 countries marches across U.S. farmland with ropes and smartphones, Flory knows there is a meticulous method to the madness.
