Monday, February 07, 2011

At Least One of These Items Probably Applies to Your Ag Business

Anyone in the business of farming will probably find at least one item of interest in a White Paper prepared by The Center for Agricultural Law and Taxation (CALT).

Here's a quick list of the the Top 10 Agricultural Law Developments of 2010 items using the David Letterman method:

10-Crop Insurance and Fraud

9-Expense Method/Depreciation on Leased Property

8-Medical Reimbursement Plans

7-New Rules for Grain Inspection, Packers and Stockyards

6- Monsanto's Round-Up Ready Alfalfa and the U.S. Supreme Court

5-Contaminated Real Estate and Clean-Up Responsibility

4-Major Legislation Gave FDA Oversight of Food in the Marketplace

3-Court blocked U.S. Army Corp of Engineers Over Wetlands Issue

2-Court Denied Review in Expanding Reach of Clean Water Act Related to Agricultural Activities

1-Changes in Transfer Tax Provisions Significantly Impact Estate Planning

Summary and Link to White Paper

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