2012 payroll updateBy Jeffrey A. MolletJanuary 2012Many of our farmer and agribusiness clients don’t often understand the various tax and financial issues which necessarily arise as a result of having retained employees (or perhaps “independent contractors,” in many instances).
Aflatoxin contamination and insuranceBy Jeffrey A. MolletSeptember 2012The August 2012 USDA Risk Management Agency fact sheet for aflatoxin testing provides good advice and direction for dealing with the possibility of a discount upon the sale of corn.
Agricultural fun factsBy Jeffrey A. MolletMarch 2012How about a few facts about agriculture that you can use to stump your friends at the coffee shop?
Biofuel tax breaks—To be or not to be?By Jeffrey A. MolletApril 2012The Senate Finance Committee subcommittee has been debating how (or perhaps whether) to extend the now expired and/or expiring alternative fuel federal tax incentives.
Crop insurance implication of aflatoxin in cornBy Gary SchnitkeySeptember 2012If aflatoxin is suspected, the crop insurance agent should be contacted immediately. The agent will notify the insurance company who will arrange for independent testing for aflatoxin and the farmer must pay for the independent testing. Testing after placing grain in storage could result in invalidating claims for aflatoxin.
Drought those legal problemsBy John W. DamischSeptember 2012An overview of some of the issues affecting farmers and the ag industry that Illinois lawyers should be prepared to address.
Editor’s notesBy Jeffrey A. MolletSeptember 2012An introduction to the issue from Editor Jeffrey Mollet.
Estimating crop insurance recovery 2012By Jeffrey A. MolletAugust 2012Although the true extent of this year's crop losses are not fully known in many areas at this point, it would be helpful for most farmers to have an idea of where they stand with the crop insurance they purchased.
Federal court looks at antibiotic use in the livestock industryBy Jeffrey A. MolletApril 2012A summary of Natural Resources Defense Council, et al. v. FDA, in which the Court ultimately found that 21 U.S.C. §360b(e) (1) “unambiguously commands the Secretary to withdraw approval of any new animal drug that he finds not shown to be safe, provided that the sponsor of the animal drug has notice and an opportunity for a hearing.
IDOT long-range state transportation planBy Jeffrey A. MolletMay 2012On April 30, 2012, the Illinois Department of Transportation (IDOT) announced plans to update its Long-Range State Transportation Plan (Plan), all as required by the Federal Highway Administration and Federal Transit Administration.
Lessons from the drought of 1988By Jerry W. QuickSeptember 2012The author shares the legal questions he received relating to grain contracting, grain production, and the grain industry which arose during the epic drought of 1988.
Tax and legal issues associated with the 2012 droughtBy Roger A. McEowenSeptember 2012The drought in significant parts of the country during the summer of 2012 has raised a number of tax and law-related questions for farmers and ranchers.
Transfer on Death Instrument Act applications in agricultural lawBy James R. Grebe & Michael P. RoushJune 2012The TODI may be a useful alternative to wills, trusts, and other estate planning options, and should be considered when discussing estate planning with your farmer-clients for the transfer of their homestead to the next generation.