Hurricane Helene Tax Considerations for Farm Business Owners
February 17 @ 6:00 pm
NC State Assistant Extension Professor Nick Brown will be streaming in to answer your questions about taxes, Hurricane Helene, and what it means for your farm operation.
Some questions we’ll answer:
-How are taxes affected by money received from FEMA, crop insurance (including NAP), and other disaster relief programs?
-How does the timing of these payments affect your 2024 and 2025 taxes?
-What are the new, extended deadlines for filing?
Speaker: Professor Nick Brown, NC State is an assistant extension professor in the CALS Department of Agriculture and Resource Economics (ARE), specializing in matters regarding taxation and law. Prof. Brown started in August 2024 and has been utilizing his background as an attorney to create extension-related content for farmers and agribusiness owners. In the wake of Hurricane Helene, Prof. Brown has spent months researching and developing tax content specific for storm relief efforts.
-How are taxes affected by money received from FEMA, crop insurance (including NAP), and other disaster relief programs?
-How does the timing of these payments affect your 2024 and 2025 taxes?
-What are the new, extended deadlines for filing?
Speaker: Professor Nick Brown, NC State is an assistant extension professor in the CALS Department of Agriculture and Resource Economics (ARE), specializing in matters regarding taxation and law. Prof. Brown started in August 2024 and has been utilizing his background as an attorney to create extension-related content for farmers and agribusiness owners. In the wake of Hurricane Helene, Prof. Brown has spent months researching and developing tax content specific for storm relief efforts.
This event is FREE but preregistration is required.
Location: Online
Cohosted in Collaboration: NC State Cooperative Extension, Empowering Mountain Food Systems (EMFS), and the AB Tech Small Business Center (SBC)