Skip to Main Content

CFAP 2: How It Works and Application Walkthrough

CFAP 2: How it Works & Application Walkthrough

Friend of Tax School Larry Gray, CPA, is back as a guest blogger this week. He has created two short videos to help tax preparers understand the new Coronavirus Food Assistance Program, called CFAP 2. This program, which is separate from the first CFAP program from earlier in 2020, is based on commodities and market prices and to help with marketing of farm products. It was announced just a week or so ago.

In the first video below, Larry spends about five minutes breaking the CFAP 2 program down for you. In the second video, he walks through the CFAP 2 application process step-by-step.

 

Videos created by Larry Gray, CPA of AGC Solutions

AGC Solutions does not provide tax, legal or accounting advice. This content has been prepared for informational purposes only and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. Also, tax law is ever-changing and every effort should be made to seek out the most current information. Make sure to check date of published content to ensure most current information.

Disclaimer: The information referenced in Tax School’s blog is accurate at the date of publication. You may contact taxschool@illinois.edu if you have more up-to-date, supported information and we will create an addendum.

University of Illinois Tax School is not responsible for any errors or omissions, or for the results obtained from the use of this information. All information in this site is provided “as is”, with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this information. This blog and the information contained herein does not constitute tax client advice.