Nicholas Brown, an editor for Farm Law & Tax, recently gave a presentation at the 2025 N.C. Cooperative Extension State Conference in Greensboro, North Carolina on January 8. Brown presented the latest updates on beneficial ownership information (BOI) reporting requirements and specific tax rules for farmers who sold livestock due to Hurricane Helene (or other disastrous storms like Hurricane Debby). Access those slides online.
Brown has written extensively about both of these topics previously, and anyone seeking further information is encouraged to check out these articles and webinars:
FinCEN, Beneficial Ownership Information (BOI), and the Corporate Transparency Act
Article: BOI Injunction Returns, A Timeline of Events
Article: FinCEN, BOI, CTA - What Does Any of This Stuff Mean?
Article: FinCEN & BOI: Does My Inactive Company Have to File a BOI Report?
Storm Tax Relief
Webinar: Disaster Tax Relief & Livestock Sales
