The IRS is reminding taxpayers living in some disaster-declared areas that the extended time they have to file certain returns includes filing returns to qualify for the penalty relief under Notice ...
The relief under Notice 2022-36 applies to the failure-to-file penalty that is typically assessed at a rate of 5% per month, up to 25% of the unpaid tax when a federal income tax return is filed late.
Previous American Farm Bureau Federation analyses highlighted disaster-related losses and corresponding policy hurdles farmers and ranchers faced in 2020. The first showed that farmers and ranchers ...
photo credit: NASA Goddard Space Flight Center / CC BY 2.0 AFBF’s Market Intel is publishing a two-part series to highlight the agricultural losses that occurred in 2020 due to weather disasters. This ...