Ag Docket Blog

January 20, 2019 | Kristine A. Tidgren

On January 18, 2019, Treasury and IRS issued final IRC §199A regulations. Because they were issued in 2019, they are not binding on taxpayers for the 2018 tax year.

Today, Treasury and IRS issued long-awaited final IRC §199A regulations.

On January 9, 2019, the United States District Court for the Southern District of Iowa declared Iowa’s Agricultural Production Facility Fraud statute to be unconstitutional. Animal Legal Defense Fund v. Reynolds, No.4:17-cv-00362 (S.D. Iowa 2019).

January 15, 2019 | Kristine A. Tidgren

A new IRS Lapsed Appropriations Contingency Plan released January 15, 2019, states that 57.4 percent of the IRS workforce will be required to work during the Tax Year 2018 filing season as long as a shutdown continues.

January 4, 2019 | Kristine A. Tidgren
Update: Late January 7, 2019, IRS announced that it would begin processing individual returns on January 28, 2019. The announcement also stated that IRS would be paying refunds, even if a government shutdown continues. Citing 31 U.S.C. 1324, the announcement stated that Congress has given IRS authority to pay refunds, despite lapses in annual appropriations.
December 31, 2018 | Kristine A. Tidgren

On this, the last day of 2018, we look back at key agricultural and taxation developments from the past year. Many of these issues continue to significantly impact agricultural producers, and we will continue to monitor these evolving issues as we head into 2019. Happy New Year!

December 30, 2018 | Kristine A. Tidgren

The Tax Cuts and Jobs Act modified IRC § 5000A(c) to set the individual shared responsibility payment to 0 for months beginning after December 31, 2018. This means that, beginning in 2019, individuals will no longer be subject to a penalty tax when they do not have Affordable Care Act (ACA) compliant health insurance.

December 19, 2018 | Kristine A. Tidgren

The grain glitch and the fix to the grain glitch were big news during the first quarter of 2018. Then the excitement subsided.

December 18, 2018 | Kristine A. Tidgren

On December 17, 2018, the USDA announced that President Trump had authorized the second round of market facilitation program payments (MFP) to be made.

December 15, 2018 | Kristine A. Tidgren

President Trump signed the 2018 Farm Bill into law on December 20, 2018.