As the region celebrates Dairy Month this June, the New York agricultural community has even more reason to cheer: Governor Kathy Hochul recently announced that $21.6 million has been awarded to 103 farms through the Dairy Modernization Grant Program.
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Tax Talks
Tax Considerations for Crop Insurance Indemnities
Many parts of the Northeast have faced a challenging planting season with wet weather and cool temperatures; now as summer kicks off, many are seeing significant stretches of above average temperatures. Given these recent extremes in weather conditions, a review of the tax implications of various crop insurance programs is warranted.
July 2, 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
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
Tax Talks
Important Beneficial Ownership Information Update
New updates-read more here.
The United States District Court for the Eastern District of Texas recently ruled on the case of Texas Top Cop Shop, Inc. v. Garland placing an injunction, that applies nationwide, on the enforcement of the Corporate Transparency Act (CTA). This means that the federal government will be prohibited from enforcing the CTA and, for the time being, BOI reporting is voluntary.
December 10, 2024
Tax Talks
Beneficial Ownership Information: How to File
As the December 31, 2024, deadline looms to report Beneficial Ownership Information (BOI) as part of The Corporate Transparency Act, we wanted to make sure members are equipped with the information they need to file their information and remain compliant. The following are questions we’ve heard from customers.
November 18, 2024
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