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Tax help - AG INFORMATION NETWORK OF THE WEST

A University of Idaho Extension agricultural economist was recently chosen as the state’s contact for a new federally funded program aimed at expanding tax-related educational resources for agricultural producers. <p><p>As Idaho’s contact for the Agricultural Finance, Tax and Asset Protection program (AgFTAP) – created under the federal Inflation Reduction Act (IRA) – Twin Falls-based economist Patrick Hatzenbuehler will help connect farmers and ranchers to educational resources and specialized experts for agricultural tax issues. <p><p>He’ll also share educational resources and relevant workshops regarding general farm business taxes and asset protection on the online repository, https://agftap.org. <p><p>The creation of AgFTAP is associated with the U.S. Department of Agriculture (USDA) announcement on Oct. 18 of a program offering $3.1 billion in assistance to financially distressed borrowers of Farm Service Agency (FSA) loans. USDA prov ....

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