Filtering by tag: helene

Flyer for Helene Tax Webinar

Recorded Webinar: Hurricane Helene Tax Relief

On April 3, 2025, Nicholas Brown, editor at Farm Law& Tax, presented disaster tax rules for farmers in western North Carolina. This free webinar was made possible thanks (once again) to the…

U.S. Treasury seal centered on banner reading "Financial Crimes Enforcement Network"

CTA: Federal Court Reinstates BOI Reporting Requirements for Business Owners

The beneficial ownership information (BOI) reporting requirements are, once again, mandatory after a federal court decision last week.On February 17, 2025, the U.S. District Court for the Eastern…

The Orchards Overlook

Helene & Taxes: Frequently Asked Questions for Affected Farmers, Business Owners

As the 'ag tax' professor at NC State, I have made it my mission since the devastation caused by Hurricane Helene and Hurricane Debby to provide as much tax information as possible to help those…

No image

IRS Now Accepting All Business Tax Returns

At 9:00 AM on January 15, the IRS began accepting all business tax returns for the 2024 tax year. These business tax returns can be e-filed through the IRS' Modernized e-File (MeF) program.The…

No image

Conference: Brown Presents Latest on BOI Requirements, Helene Tax Rules

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…

Headshot of Nick Brown

2024 in Review: Top Tax Articles This Year

In my first semester as an assistant extension professor at NC State University, I have been blessed with many great opportunities: the opportunity to present materials to farmers and agribusiness…

No image

Helene Tax Strategies: Brown Presents Tax Rules Related to Disaster Relief

Nicholas Brown, an editor for Farm Law & Tax, recently gave a webinar to extension agents associated with Virginia Tech. The webinar, which is free for anyone to watch, reviews tax rules designed…

Mt. Lyn Lowry in WNC

Hurricane Helene: Updates on Unemployment Benefits

On October 16, 2024, Gov. Cooper issued an executive order to increase the maximum calculable amount of weekly unemployment payments to North Carolina residents. Previously, the amount was capped at…

No image

Disaster Relief Assistance: Taxable Event or Not?

In light of Hurricane Helene and the subsequent assistance provided by the federal, state, and local governments along with other entities and individuals, many recipients are now asking, "will we be…

Yellow sign reading: SLOW MOVING FARM EQUIPMENT USES THIS HIGHWAY NEXT 30 MILES

End of Dyed Diesel Relief: IRS' Dyed Diesel Penalty Relief Set to Expire on October 15th

The IRS penalty relief for dyed diesel for highway vehicle use is set to expire on October 15.The IRS regulations on dyed diesel, which has a sulfur content that does not exceed 15 parts-per-million…