As we embark on the 2025 grape harvest, those who insure their crop must be proactive in ensuring accurate production records and timely completion of appraisals. This year also brings some changes to crop insurance options, so it’s critical producers stay informed. This article provides tips and reminders on these important topics.
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Tax Talks
Federal Government to Phase Out Paper Checks: What It Means for You
Early in 2025, the federal government announced an Executive Order aimed at modernizing how federal payments are handled. Under Executive Order 14247, signed in March 2025, all federal disbursements and receipts will transition to electronic formats by September 30, 2025. This change will impact individuals, businesses and organizations that receive or make payments to the federal government.
September 30, 2025
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Tax Talks
BOI Enforcement Again Halted
On Thursday December 26, 2024, the Fifth Circuit Court of Appeals reinstated a lower court’s halt on the enforcement of Beneficial Ownership Information (BOI) reporting. This latest ruling reverses the order for the same court earlier in the week.
December 30, 2024
Business Tips and Tools
Changes to Connecticut Paid Sick Leave
Employers in Connecticut with 50 or more employees in specific sectors are required to have paid sick leave. Effective January 1, 2025, employers with at least 25 employees will be required to offer paid sick leave.
December 27, 2024
Tax Talks
BOI Enforcement Resumes with Deadline Extension
On December 23, 2024, the Fifth Circuit Court of Appeals reinstated the obligation of reporting companies to file their Beneficial Ownership Information (BOI) reports with the Financial Crimes Enforcement Network (FinCEN).
December 26, 2024
Crop Insurance
Ensuring a Profitable 2025: The Role of Dairy Revenue Protection in Your Business Plan
As the calendar year draws to a close, it's an ideal time for dairy producers to reflect on the past year's challenges and achievements and to prepare strategically for the year ahead. With 2025 on the horizon, effective planning will be crucial to navigating the complexities of the dairy industry and ensuring a profitable year. One key component of this planning is Dairy Revenue Protection (DRP), a valuable tool that can help manage risk and stabilize income.
December 24, 2024
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