Thousands Of U.S. Farmers Could Unknowingly Face Federal Fines Or Jail Time
Time is running out for thousands of farmers who may face steep fines and possible jail time for failing to file their businesses with the federal government.
Jan. 1, 2025, is the deadline to file Beneficial Ownership Information with the U.S. Department of Treasury’s Financial Crimes Enforcement Network.
New analysis in a Market Intel by American Farm Bureau Federation economists shows