Farmers no longer required to submit ownership data to feds

A Trump administration rule has exempted most businesses from part of the Corporate Transparency Act. The U.S. Treasury Department previously wanted U.S. companies and individuals, including farmers, to report beneficial ownership information to their Financial Crimes Enforcement Network, known as FinCEN.  Attorney and University of Wisconsin Farm Law Outreach Specialist Kelly Wilfert says it’s, “Good […]

The post Farmers no longer required to submit ownership data to feds appeared first on Brownfield Ag News.

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