Tax Implications of the new COVID-19 Relief Bill

Farm Credit East Senior Tax Consultant Dario Arezzo presented a webinar on January 14 that covered some of the key tax considerations for agricultural producers of the newly signed COVID-19 relief bill, Coronavirus Response and Relief Supplemental Appropriations Act of 2021. Topics such as net operating losses for farmers and changes to the employee retention credit and Paycheck Protection Program (PPP) were discussed.