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Corporate Transparency Act Requires Beneficial Ownership Reports

On January 1, 2021, Congress enacted the National Defense Authorization Act of 2021. As part of this legislation, Congress set out new Beneficial Ownership Information Reporting Requirements (BOI Reporting Requirements) for...more

Heirs' Property Relending Program Represents Substantial Investment in Resolution of Heir Property Issues

The United States Department of Agriculture (USDA) is providing $67 million to help resolve heir property issues. Heir property refers to "family-owned land that is jointly owned by descendants of a deceased person whose...more

8/30/2021  /  Farmers , Heirs , Property Owners , USDA

Alabama Extends Historic Preservation Tax Credit

During the recent session, the Alabama Legislature passed House Bill 281, extending Alabama's historic preservation tax credit (the Credit) for an additional five years through 2027. The Credit began in 2013, has been...more

The American Rescue Plan Provides Significant Debt Relief to Minority Farmers

Socially disadvantaged farmers, including African American, Hispanic, Native American and Asian American farmers, will receive aid in the form of debt relief, grants, training and education as a part of the American Rescue...more

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