Agriculture Secretary Tom Vilsack and Treasury Secretary Timothy Geithner announced that income verification will be required for farm program participation beginning with the 2009 crop year. According to AgWeek.com, participants will be required to sign a separate form granting the IRS authority to provide information to USDA to verify that their incomes do no exceed the limits established in the 2008 farm bill. To read the entire story, click here.
Income Verification Required for Farm Program Participation
Agriculture Secretary Tom Vilsack and Treasury Secretary Timothy Geithner announced that income verification will be required for farm program participation beginning with the 2009 crop year. According to AgWeek.com, participants will be required to sign a separate form granting the IRS authority to provide information to USDA to verify that their incomes do no exceed the limits established in the 2008 farm bill. To read the entire story, click here.
