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The IRS says Conservation Reserve Program (CRP) payments are self-employment income. Recent legislation overrules this for taxpayers receiving social security benefits. Roger McEowen reports how the IRS is dealing with this change.
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The items included in the Tax Update Blog are informational only and are not meant as tax advice. Consult with your tax advisor to determine how any item applies to your situation.
Joe Kristan writes the Tax Update items, and any opinions expressed or implied are not neccesarily shared by anyone else at Roth & Company, P.C. Address questions or comments on Tax Updates to