Cares Act Implications on Tax Planning for Farmers
The CARES Act provided many changes that directly impacted famers, including eligibility for the Small Business Administration Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL) programs. The Act included several other lesser known provisions as well. Farmers should be aware of these changes as they get ready for tax planning this fall. Learn more, courtesy of information provided by the Nebraska Farm Business, Inc.
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