Estate Transfer under the Proposed American Families Plan

By Jerry Pierce | KFBM Program Coordinator
Published on Jun. 29, 2021

On May 28th the Biden Administration released a general explanation of its proposed tax changes.

Paycheck Protection Program Loan Forgiveness

By Jerry Pierce | KFBM Program Coordinator
Published on Feb. 25, 2021

The Economic Aid Act reauthorized the Small Business Administration (SBA) Paycheck Protection Program (PPP) through March 31. On January 19, 2021, SBA issued Interim Final Rules concerning forgiveness and review of first and second draw loans made under PPP.

Paycheck Protection Program Update

By Jerry Pierce | KFBM Program Coordinator
Published on Jan. 20, 2021

The Economic Aid Act reauthorized the Small Business Administration (SBA) Paycheck Protection Program (PPP) through March 31 and made several modifications beneficial to farmers. It also authorizes second draw PPP loans. The application deadline has been extended to May 31.

Government Payments 2010-2019

By Jerry Pierce | KFBM Program Coordinator
Published on Aug. 25, 2020

Agricultural government payments were created to help provide financial stability for farms and farmers. In recent years they have become a substantial support to ailing farm income. Background

Crop Insurance as a Tool for Managing Farm Risk

By Jerry Pierce | KFBM Program Coordinator
Published on Jul. 28, 2020

Crop insurance was authorized by Congress in the 1930s on an experimental basis to insure against crop loss from “unavoidable perils beyond the farmer's control.” It was made permanent with the passage of the Federal Crop Insurance Act of 1980.

Resources Available to Farmers Struggling with Farm Financial Stress

By Alison Davis | Extension Professor, Greg Halich | Associate Extension Professor, Jerry Pierce | KFBM Program Coordinator, Jonathan Shepherd | Extension Specialist, Jordan Shockley | Associate Extension Professor, Kenny Burdine | Extension Professor, Sarah Bowker | CEDIK Managing Director, and Steve Isaacs | Extension Professor
Published on Apr. 1, 2019

Farmers have been facing many financial stress issues related to commodity prices and the overall farm economy.