On June 15th, it was announced that Biofuel Producers would receive $700M in aid, as part of a package to assist industries recovering from the financial devastation of the coronavirus pandemic. At that time, The USDA said it plans to implement the aid in the next 60 days. To date, there has been no further information released and no Biofuel Producers have received any aid from pandemic packages. USDA plans to announce funding through a Notice of Funding Availability (NOFA). At the time of the announcement or publication in the Federal Register, Biofuel Producers will have a set amount of time, potentially only 30 or 45 days, to complete the application process. Because these funds are quite limited, it may be beneficial to apply as Read More...
Archives for September 2021
Pandemic Livestock Indemnity Program Extended Deadline
USDA is providing additional time for livestock and poultry producers to apply for the Pandemic Livestock Indemnity Program (PLIP). The deadline has been extended from Sept. 17 to Oct. 12. Producers who suffered losses during the pandemic due to insufficient access to processing may now apply for assistance for those losses and the cost of depopulation and disposal of the animals through Oct. 12, according to USDA's Farm Service Agency (FSA). In a recent FSA release, they stated that livestock and poultry producers were among the hardest hit by the pandemic. They want to ensure that all eligible producers have the opportunity to apply for this critical assistance. The October 12 deadline also aligns with the Coronavirus Food Read More...
Minnesota Department of Revenue Set to Begin Processing Unemployment Insurance and Paycheck Protection Program Refunds
Earlier this month Minnesota Department of Revenue announced that the processing of returns impacted by tax law changes made to the treatment of Unemployment Insurance compensation and Paycheck Protection Program loan forgiveness will begin the week of September 13. “We know these refunds are important to those taxpayers who have experienced hardships over the last year and a half,” said Revenue Commissioner Robert Doty. “We made the decision to adjust nearly all of these returns on our end so that impacted taxpayers would not need to take the time and resources to file an amended return, which would further delay the refund they’re due.” Revenue and MNIT staff have been working through the summer and early fall to update 2020 tax Read More...