![]() One priority area for Farm to School is creating more opportunities for small and mid-sized livestock and poultry producers. USDA's Farm to School Program has put seven new Farm to School Coordinators on the ground in regional offices to help build direct relationships between small and mid-sized producers and school districts. More information is available through USDA's Risk Management Agency. And organic producers will benefit from the elimination of a previously-required five percent surcharge on crop insurance premiums. Using new tools provided by the Farm Bill, USDA is working to reduce crop insurance costs for beginning farmers and ranchers. USDA is developing tools to help small and mid-sized farmers and ranchers make sound financial decisions as they plan for their future including a whole farm insurance policy that will better meet the needs of highly-diversified producers, particularly small and mid-sized fruit and vegetable growers. Learn more about the Organic Certification Cost Share Program. However, USDA is ready to support those who are interested in the certification process. Not all small and mid-sized farmers are organic. Organic farming can integrate cultural, biological, and mechanical practices that foster cycling of resources, promote ecological balance, and conserve biodiversity. ![]() Since their debut in 2013, USDA has issued more than 8,400 microloans, with seventy percent of these loans going to beginning farmers.Ĭost share support is also available for farmers pursuing organic certification. In November 2014, the loan limit expands to $50,000. USDA launched the Microloan Program to allow beginning, small and mid-sized farmers to access up to $35,000 in loans using a simplified application process. FSFL can also be used to finance hay barns and grain bins.įunding for producers under the popular microloan program. Diversified and smaller fruit and vegetable producers, including CSAs, are now eligible for a waiver from the requirement that they carry crop insurance or NAP coverage when they apply for a FSFL loan. USDA has made changes to the Farm Storage Facility Loan (FSFL) Program to help small and mid-sized fruit and vegetable producers access the program for cold storage and related equipment like wash and pack stations. This page provides small and midsize producers valuable resources and program information about access to capital, land management and conservation practices, managing risk, finding local markets, and other educational resources. Read our Frequently Asked Questions ( en español)to learn more.Small and midsize producers provide new opportunities for American agriculture across the country. Please consult a tax professional with all tax-related questions regarding the FSA IRA assistance you received in 2022. ![]() USDA cannot and does not provide tax advice but wants you to be aware of options that may help manage your tax liability. For example, if a borrower received Section 22006 assistance on three different FSA loans, they would receive one corrected Form 1099-G and three Form 1099-Cs.ĭepending upon your circumstances, the IRA payment reported on your new 1099-C may be excluded from your income based on individual analysis filed with your tax return. ![]() Please note: Borrowers who received Section 22006 assistance in 2022 will receive one new Form 1099-C for each loan the borrower received a Section 22006 payment on. If you are a direct loan borrower who received financial assistance in 2022 from FSA under Section 22006, you will receive a new IRS 1099-C form and a revised 1099-G form, along with a letter directing you to available resources. Section 22006 of the Inflation Reduction Act (IRA) provided $3.1 billion for USDA to provide relief to distressed borrowers with certain FSA loans and to expedite assistance for those whose agricultural operations are at financial risk. Tax Resources for Recipients of Inflation Reduction Act Assistance
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