FSA Clarifies Rules on Inactive Members in Business Entities
February 17, 2010 | Robert Moore and Roger McEowen
In early January, 2010, the United States Department of Agriculture published a final rule for farm program payment eligibility and payment limitation requirements for 2010 and later crop years. The final rule makes several changes to the interim rule with a key change involving an exception for contributions by members of entities. That change has implications for farming operations structured as multiple entities.
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