Will Your Life Insurance Policy Be Subject to Estate Taxes?
At a recent extension event, a question was raised about whether an individual’s life insurance policy placed on themselves …
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NC State Extension, NC State University
Dicamba: Brown Presents Latest on Dicamba Drift to Wake Forest Law Students
Nicholas Brown, an editor for Farm Law & Tax, recently gave a presentation at Prof. Ellen Murphy’s Food, Agriculture, …
BOI: FinCEN Announces No Penalties for Non-Compliance
It has been a week since the last update on beneficial ownership information (BOI) reporting requirements, which means that, …
Prominent Tax Attorney Delivers Guest Lecture to Agribusiness & AGI Classes
On February 25, Alexandra Hammock flew from Atlanta to Raleigh to deliver tax-related guest lectures to students in Prof. …
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 …
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 …
Valentine's Day: How to Handle Alimony on Your Tax Return
Happy Valentine’s Day! As I have stated before, I always look forward to writing holiday-themed articles and today seemed …
2025 Mileage: IRS Increases Mileage Rates But Leaves Other Rates In Place
The IRS recently announced a $0.03 increase for the optional standard mileage rate for business uses in 2025. The …
EFM: Brown Presents Latest on BOI Requirements, 2025 Tax Outlook
Nicholas Brown, an editor for Farm Law & Tax, recently gave a presentation at the Executive Farm Management (EFM) Program …
BOI Reporting Still Only Voluntary Due to New Injunction, Despite SCOTUS Ruling
January 23rd was a hectic day for business owners who are concerned about the fate of beneficial ownership information …
IRS Now Accepting All Business Tax Returns
At 9:00 a.m. on January 15, the IRS began accepting all business tax returns for the 2024 tax year. …
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 …