As part of the 2017 tax reform bill, Congress passed new Section 199A, which authorizes a deduction for “specified agricultural or horticultural cooperatives.” As discussed… Read More »IRS Issues Sec. 199A Guidance for W-2 Limitation
The Farm Credit Administration has issued an updated informational memorandum for the purposes of providing Farm Credit System institutions with updated guidance on the Paycheck… Read More »Farm Credit Administration Guidance on PPP for Small Businesses
The USDA Rural Development Division and Cooperative Services Branch of the US Department of Agriculture reported that in 2019 co-ops sold $53.2 billion in farm… Read More »USDA Reports on Farm Supplies Sold by Co-ops
October is National Cooperative Month. The USDA is holding a webinar about the resources available to support cooperative development in rural America, including updates on cooperative… Read More »Join the USDA Webinar for National Cooperative Month!
On October 30, 2019, the Georgia Court of Appeals vacated, reversed, and remanded the denial of a cooperative bank‘s summary judgment motion on fiduciary duty and other claims from prospective borrowers in AgSouth Farm… Read More »Court Addresses Agricultural Cooperative Bank Liability to Potential Borrower