The COVID-19 relief bill signed into law by President Trump has some positive changes for farmers in the Paycheck Protection Program (PPP).
CEO Bob Rhea of Illinois Farm Business Management says there’s a big change for individual farmers who file a Schedule-F return, “They’re able to use their 2019 or 2020 GROSS income, the gross receipts for the year. You know, for a lot of our farms that’s a big number, a few hundred-thousand-dollars.
