How To Plan: There could be changes coming to the Employee Retention Credit

There could be some changes coming to the Employee Retention Credit, which might negatively impact farmers if they have already received an ERC refund.

Farm CPA, Paul Neiffer spoke with RFD-TV’s own Suzanne Alexander on the potential changes and what should producers plan for.

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It would allow the State Attorney General to issue subpoenas while investigating land ownership, and would also stiffen punishments for foreign entities that do not file with the state, or who submit false reports.
The Association of Equipment Manufacturers’ monthly flash report revealed the sale of all tractors last month was down 21 percent, and combines were down 5 percent from the same point last year.